Investment in Strata houses  

Ever thought of living in a gated community home? Strata homes offers you with the opportunity to live in a communal home with amenities such as shopping centers, playground , security surveillance all day and night as well as other facilities such as a swimming pools. Strata homes are built independently but all the houses are enclosed in one major perimeter wall.

In the past few years, investment in Strata homes was a challenge to most potential buyers as policies from financial providers were offering zero debt servicing for them. There were loops in sales and resale's of the properties due to the financial status of the target market being a target of not being serviced by banks. This further impacted heavily on the price of tag of the homes between 2013 and 2015 where prices dropped by more than 10%.
All is not lost, as the industry is stepping on its feet again. The comeback of new condominium projects is a sign that there are viable prospects in the property. This is in line with informing the potential home owners to invest in this sector that has its niche not exploited to the maximum.
Certainly, landed homes give any potential home owner the value of their money when taking into consideration the aspect of price performance. From a recent research, landed homes did outdo the non-landed homes as far as price performance is considered. The price index of the property has registered an annual growth of over 4.8%.
Practically, resale of landed homes earns more than the non-landed homes. From 2005, the price for reselling a Strata home per square feet was $356 and had doubled to $716 per square feet in the year 2015. Figuratively, this is an indicator of an annual gain of over $7.2. Over the same period, the non-landed homes price per square feet had risen to $628.
Buyers should however , be cautious of the fact that the probability of gain in value of a Strata home will depend on the time of buying as well as the price that was paid. The above evaluation is for helping any buyer who is torn between investing in either landed or non-landed homes.
It is also important to note that all property listing do not necessarily reflect competitiveness in pricing of homes. This will help prevent the buyers from overpaying for home units as resale of the properties is subject to a factor of time.
More apartment projects have included landed homes in their units since the year 2011. The market has on the other been reflecting negative results as the homes have not yet been resold with the current resale market, there not easy to evaluate performance of their prices. This has led the evaluators to using anecdotal substantiation to evaluate the price performance.
The price gain over a period of time for Strata homes is higher compared to the non-landed condo units. As earlier indicated, it is a subject of timing and pricing while buying and selling. Giving examples, in Ridgewood, a unit bought in 2005 at $469 per square feet fetched $1,209 in 2015, indicating a 158% price gain. In another freehold establishment in Sandalwood, their reflection of price gain was 79% over the same period. This indicates that the landed homes offered more value for money.
The market view these landed homes as properties that are worth having for keep. Paying a price that is competitive for properties is call to the potential home buyers to conduct an in-depth research and due diligence of the property. Comparing with other locations will be crucial in making of such decisions. There are limited landed homes in the market and therefore wise to check on the best. From about 258,098 private homes and condo units, there were about 72,205 landed homes.
With regards to Singapore's fundamentals' of the economy, this scarcity is meant to safeguard the capital appreciation of the landed homes in the long term. To put this into perspective, there are around 1582 landed property that will be completed in five years' time. That is a representation of about 3% of the upcoming 57597 private homes. 56,015 non landed homes are also under construction.

 

Buying property for foreigners   

Singapore is a top property investment market since 1990s. Singapore property investors have at least made three times the amount of capital outlay. Foreigners are curious as to their eligibility to purchase a property in built in Singapore. The answer is yes but it comes with more restriction compared to a citizen in Singapore. Two main investment categories available are residential property as well as commercial property. Within the residential segment and commercial segment itself there are sub categories and foreigners will only be able to invest in certain sub categories.

Residential property types in Singapore include HDB flats, Executive Condos, Private Apartment, Private Condo and Landed houses. Only Singaporean and PR holders can officially buy HDB houses which are subsidized housing schemes by the government. Foreigners have no ownership rights to HDB. Executive Condos are subsidized condo for Singaporean and PR. For PR holders, they can buy one after 5 years have passed from the completion of building, or commonly known as the Minimum Occupation Period (MOP). Foreigners are allowed to purchase one after 10 years. Private condos and apartments can be bought by foreigners, and there is no restriction on the number of units one can buy, just the average cost is around $2 million SGD so only for wealthy. For landed houses, foreigner keen on the houses must have government consent where owners have to prove that they contribute meaningfully to Singapore's economic development. There is a dedicated online portal for application.
For commercial properties, some of the sub categories include shop houses, office blocks and units, hotels, warehouses, factories, shopping malls and many others. Commercial property can also be freely bought and sold by foreigners. Leasehold property and freehold property are 2 only property tenures in Singapore. HDB as well as executive condos has a 99 year leasehold term. Private condos and apartment has 99, 999 years term or freehold. Leasehold property means Singapore government owns the land and property owners are leasing it back from the government for a small annual fee. The land is to be returned to government at the terminal lease period. Foreigners can own both freehold and leasehold properties.
Property taxes are additional cost added to the purchase price of Singapore property. These taxes include buyer's stamp duty, seller's stamp duty, annual property tax, income tax on rental and GST (goods and services tax). Buyer's stamp duty rates are 3% less SGD5400 for property price above SGD360,000 and additional buyer's stamp duty rates are 15%. Free trade agreements signed by Singapore and countries such as Iceland, Norway, Liechtenstein, USA and Switzerland will see the buyer exempted from additional buyer's stamp duty if the foreigner is a valid citizen or PR from the foreign countries mentioned.
There will be a seller's stamp duty tax imposed if sale of property is made within 4 full years from date of acquisition. The rate starts from 16% for sale occurring on the 5th year, with gradual decrease every following year. Annual property tax for residential property is dependent on the use of property. If a property is for private stay, tax rates ranges from 0 to 12% of annual property value. If a property is rented to outsiders, tax rates ranges from 10 to 12% of annual property value. Property tax rates for commercial properties are 10% of annual property value. Property annual value is derived from the gross annual rental rate for properties being rented out, excluding furnishings and furniture maintenance fees. Estimated market rental rates for comparable properties are used as comparison estimation. Rental income used to derive the Income tax rates on rental is net rental inflow after deducting directly attributable expenses ie interest on home loan, commission for real estate agent, maintenance fees, property tax and others. Foreigners are required to pay 20% net rental inflow tax rate, but will increase up to 22% beginning from YA 2017. GST in Singapore stands at 7% and payable to any commercial property buyers who are individuals.
Locals and foreigners alike have made huge capital gains and realized profits by property investment in Singapore but there are many who also lamented missed opportunities over the years. Singapore economy is expected to grow with gradual rising property market as better infrastructure are built such as new MRT lines and expressways. One must be brave to take the necessary action in view of the stable political scene in Singapore with very low unemployment rate.
Buying property can be summarized in few key steps. Firstly, perform a quick loan assessment on you own financial standing. Check out the mortgage markets and packages with a mortgage specialist. Proceed to discuss on desired property types and location with the property agents. Shortlist desired units and make arrangements for viewing. If you are satisfied with the price and conditions, proceed to pay a booking fee and arrange for loan and you will soon be accepting the keys to your first property purchase.

 

Economic Advantage from the Raise of Middle Class  

Cannot be denied, lately, Asia has risen a number of a middle class, due to the economic growth. According to the fact that Singapore Economy sector has to face the decline for a bit, there also a good sign that statistic has shown an increase in consumer spending in Southeast Asia, and in air traffic at Changi Airport as a regional hub. A raised in a middle-class people of the Asia region absolutely will increase their domestic consumption. This consumption also includes a high-tech product and increasing the number of the manufacturing sector. This also has an impact on their import number to increase, and the last, adding their investment in the foreign country. Despite the political uncertainty which occurs in some countries of South East Asia (associated in Association of South East Asian Nation), EDB was certain that Singapore can take an advantage of the growth of the population of countries like the Philippines and Indonesia. ASEAN country has a 5 percent growth in the economic sector. It will give Singapore a chance to get profit, as long as they open up the economy and have some policies that friendly with the market. EDB also certain it will last for about a long term.

Economic Development Board of Singapore, as the lead government agencies built in 1961, is an institute that developing strategies to keep Singapore become a global business center. EDB has the aim to attract the foreign investor to boost the Singapore manufacturing industry sector. EDB is the future preparation for the Singapore nation. They have established a strong position in the global economy, and not less important is they have to create a competitive environment in order to save the city's standing inside and outside of the region. EDB's aim becoming tough since the statistic has shown that Singapore export-oriented has been flat for the first quarter. But the EDB aim has been strengthening by the Monetary Authority of Singapore (MAS) by issuing a policy to not taking appreciate from currency. EDB thought this policy aim is to stabilize the cost structure in Singapore, which will pull out the business competition and encourage them to step up to the market. Further, this policy has kept the cost structure to be in competitive range. Nonetheless, the currency will become a big problem. This policy has put aside the currency problem and lead to a growth number of exports.
The cost structure has become so important because it has an impact transmitted to external demand and import prices. The MAS set to zero appreciation path to make a nominal effective exchange rate policy, to bend the imported and domestic pressure of inflation.
The government has put an effort to tightened the application process for the foreign workers, not by sorted of their nationality, but more oriented to the target which is valuable and investment- potential. Beh Swan Gin from the EDB said that if a company is servicing a Singapore's customers, then it will not make a sense to have all of their staff come from a foreign country.

 

Hard workers of Singapore  

A vital part of Singapore's economy is the electronic industry. This industry accounts for twenty five percent of Singapore's total manufacturing output. The industry has approximately eighty thousand workers and many of these works stand out. A couple of these hard working people where profiled and this article speaks a little about them.

Kevin Koh is a thirty four year old that leads the central processing unit team at Media Tek Singapore. This team works with many other team from around the world to make better the CPUs that are installed in everything from phones to internet boxes. With the demand for higher performance Mr Koh's believes to combat this with multiple CPU installed on the silicon chips of electronic devices that will increase the capability of the device. The energy efficiency of the CPUs is also something that Mr. Koh's team of technicians have worked on. Anyone can relate to their phone's battery going dead in crucial moments due to power leakage. The prevention of this s also a task that the team has been charged with.
At the time of Mr. Koh's employment to Media Tek as a physical design engineer the demand for digital performance was not as high as it is today. Even Mr Koh himself used a simple phone that allowed him to make calls and messages. He has upgraded somewhat to a device that runs on a quad core that enables him to take pictures, send email and a host of other task right from his cell phone. He commented that personally using the devices that his team had worked on the CPUs is the best and perfect way to test the quality of the device while making note on the required upgrades that will make the device more dynamic.
It is the belief of Mr. Koh that customized machines are always better and less expensive than conventional ones. He finished University with a degree in electronic and electrical engineering in 2005 and spent his first year of employment at Fujitsu Microelectronics Asia Limited. He then left to join the team at Media Tek and was shortly promoted staff engineer and then to manager of the CPU high performance team. He has currently completed a Master of Science in Electrical Engineering.
The Singapore Silicon Laboratories has a forty eight year old design director that goes by the name Leung Kafai. Ms. Leung Kafai has always been fascinated with how things work and spent most of her time playing in her father's tool box as a child. At that time she was only skilled at pulling apart devices but as she grew so did her skills. She attended Texas A&M University and attained a Bachelor of Science in nineteen eighty five after which she worked as a system designer in Texas. She shortly attained an Electrical Engineering master's degree in Austin at the University of Texas.
She became a part of a startup organization in the year two thousand called Cygnal Integrated Products. This company was soon later swallowed up by Silicon Labs. Her new job title at this point was senior engineer and as her new company established a team in Singapore she got the chance to be the team leader of the microelectronics design. Her team is the one responsible for the artificial intelligence of electronic devices such as their energy efficiency. She leads a team of twenty that is responsible for the design of chips. She is a strong believer in having a social life and she tries to keep hers and her teammates weekends free to spend with friends and family. She also plans get together for her teams and their families.
The next hard worker to speak about many love and without even knowing they do. She is the designer of the chip in television sets that allow you to channel surf. She gets very proud whenever she sees a television set on knowing that it was possible thanks to something she created. She commented that the rapid advancements in microelectronics is what keeps her so interested and intrigued to the field. She worked in Britain for a couple of years where she eventually finished a Master's in Electronic Circuit Design and Manufacture. This was from the University of Dundee. She worked for a couple companies back in Singapore before becoming a part of the Broadcom team in the year two thousand and five.

 

Singapore Air Cargo Industry  

During the 1990s, Asian Tigers comprising high powered economic growth for Thailand, Singapore and Taiwan dominated the headlines. Airports together with national carriers were fast developing as well for rapid expansion of freighter fleets. China's rise put the Asian tigers growth pale in comparison. Cargo volumes at Changi Airport fell 3.2%, with overall growth for the 1st 7 months of 2013 rising a mere 1.3% in tonnage. Singapore will be parking a B747 freighter in June. Mr. Kelvin Wong, director of logistics for EDB sees static volumes for airfreight as success indicators. This is due to Singapore moving up the value chain for logistics, with products becoming smaller in size. Singapore used to export bulk boxes of printers and computers. Now it is transporting cutting edge medical devices, aerospace components and microelectronics. Businesses are always looking for ways to be more efficient and lower costs. A shift to sea freight is taking place as well. Hence flying is regarded as 2nd choice in terms of cost savings. A solid volume base is a sign of still healthy sector.

Air cargo enterprises are thriving in Singapore, due to its strategic hub location and World Bank has consistently ranked Singapore as top 2 best places for logistics. Singapore is a popular destination for being foreign companies' Asia hub. For instance, Texas Instruments just partnered DHL and Swisslog to launch Autostore, a high end automated logistics system. Dyson, a UK based electrical goods maker famous for its vacuum and fan, has been churning products form Singapore since 2004 and will continue to invest in a new manufacturing facility. Medtronic, a pacemaker company for human heart is also launching a worldwide centre of excellence, adding base to its Asia Pacific HQ. Rolls Royce launched its Trent engine for Boeing Dreamliner, a first in Asia. Cargo for air gets bigger at the same time. Logistics is in Singapore's DNA and a pillar of support for Singapore's economy. Sound economic planning ensures simultaneous development in its air, sea and custom clearing development with minimal friction. Singapore's seaport is known to be the largest transshipment hub. Strong custom agreements with global economies put cargo clearing in Singapore within minutes. All a freight operator needs is one portal to satisfy all regulations.
Many logistics players are expanding their footprint in Singapore. Panasonic recently transferred its whole purchase and logistics department from Japan Osaka to the island state. Infineon will partner as its exclusive supply chain manager. About 10% of world silicon wafers output and 40% of hard disk devices originated from Singapore. Established forwarders like SDV are rapidly expanding, with the latest opening of a 42,000 square meters huge warehouse aiming for servicing the luxury segment, health care, oil & gas and aerospace. DB Schenker, another heavyweight will also launch as even bigger 54,500 square meters logistics centre targeted at the electronics, automotive and healthcare segment, estimated to begin operations by Q2 2014. Singapore will emerge as the control tower for supply chain management based in Asia. Singapore has all the perks and infrastructure to make a supply chain more responsive due to expertise honed by its skilled industry veterans.
Many raised doubts about the space for new development as Singapore is already saturated and crowded. Wong has no qualms about the issue as EDB is always proactive in factoring all concerns into their master planning and resourcing plans. Changi Airport will be seeing new 4th and 5th terminal being built and fully operational by 2020 and expanding current runway no.3 into one full length 4000m commercial ones. The expansion plans will see passenger capacity doubling, and space extension for higher air cargo volume. It will be a win win solution for air freight operators wanting more space and airside facilities. FedEx has just launched in prior years.
EDB has provided full support for its e-freight at Singapore project, which is a project involving government running a centralized database for forwarders and carriers to exchange trade information. 17 companies had shown full commitment to this initiative and 37 more have shown huge interest. All participants are committed to IATA goal for attaining 80% routes covered by e-freight by 2016. Singapore has shown tremendous potential as a favorite airfreight hub due to India and China. ASEAN, with its 600 million strong population has as big an economic region compared to Shanghai, Beijing, and Guangzhou. It has the same scale as South America.
ASEAN plans to have a unified economic integration by 2015 and this will double trade flows with 25% occurring within Asia. Markets in Asia are key to many companies. ASEAN will be as important economic bloc as China.
Dry weather to affect production output  

There is a burning question mark on the impact of the dry weather, brought about by the El Nino phenomena on palm oil plantation companies palm oil trees output. Dry weather still continues to affect all households around South East Asia especially Malaysia and Indonesia. There is a consensus among plantation research analysts that expects production for palm oil to increase and effectively bidding farewell to the longest dry spell ever witnessed around South East Asia. Average sale prices (ASP) for crude palm oil will see a short term boost until production output recovers to normalized levels and inventories being restored.

UOB KayHian, a Singapore based brokerage firm, published a report on plantations with the report detailing analysis on expected production recovery for 2016. The dry spell caused a lagged impact to production output in 2nd quarter of 2016. As the dry spell ended, production witnessed a recovery. In the western and central parts of Kalimantan, rainfall is still happening regularly where conditions are viable for palm oil trees to bloom and less stress on the flowers.
Total production output accelerated marginally in 2016. Plantations firms have varied tree profiles. Younger age trees will see higher production recovery while older age trees will be severely affected by the dryness. Those with older trees will witness slower rally in output volume. The average sale price for Crude Palm Oil (CPO) creeped up slowly from 2nd quarter of 2016 onwards. In actual fact, palm oil prices started its uptrend.
One must note that zero export duty was imposed for the same quarter in year 2015, hence any price increments were not  felt in 2nd quarter of 2016. Only on Q2 for 2016 can one see the impact of higher palm prices. The new Indonesia's export duty rates kicked in for palm oil production since July 15 2015. This minimized any impact on financial results. The duty collected will be utilized for its ambitious biodiesel mandate, assisting plantation smallholder with replanting exercises and facilitating deeper research for new palm seed discovery.
Another side of the plantation equation is export figures. Palm prices have not rallied hard as usually happens during severe El Nino scenarios as there is a marked slowdown of palm oil exports to top consuming countries China and India. Prices for palm oil may see a boost which will draw down stockpiles. Should there be continued production cuts, prices will definitely be well supported. For the first time CPO output will actually witness a year on year negative growth due to the severe dry spell hitting main plantation countries Indonesia and Malaysia. These 2 countries combines produces almost 90% of the whole global output for palm oil and weather patterns have immense impact on the palm tree yield and oil extraction rates.
There is still a lot of uncertainty in the outlook for CPO production. Lagged impact may be felt in the coming months but production may recover fast. La Nina has been widely speculated to follow suit which has historically been a production output booster to palm oil output. Plantations firms are closely watching the weather forecasts and patterns in the coming months to better manage their production operations.
 
Most of the world's palm oil is currently being produced in Malaysia and Indonesia but now The Guardian news reports Brazil's ambition to become a palm oil commodity giant. Palm oils is used in toothpastes, soaps, and detergents and many packaged foods. There are some ethical questions around deforestation for palm oil profit, so we hope the companies involved are responsible for sustainable cultivation. The non-profit World Wildlife Fund (WWF) launched a new alliance in Singapore that aims to boost demand for sustainable palm. The vision of the Alliance is to make CSPO the norm to stop the haze as well as deforestation and habitat loss in the region. It aims to provide a platform for companies to come on a sustainable journey towards producing, trading and using certified sustainable palm oil. The Singapore Alliance for Sustainable Palm Oil is supported by five founding members, who together produce some of the most popular everyday brands used by Singaporeans. The five founding members are Unilever, Danone, Ayam Brand, IKEA and Wildlife Reserves Singapore.
SG HK CN Entrepreneurs  

Owning a global business, with a highly lucrative market in regions such as China and Hong Kong exposes you to world diversities and people from all walks of life. In the way of business, some of stakeholders one comes across will prefer some cities more compared to some.

Some of the clients, business gurus and associates expresses more liking for the Far East cities as Hong Kong and Shanghai as compared to extent of consideration for Singapore as an option. These business associates will want to travel, make trips and stop by at their own pleasure in Singapore but not startup businesses or run their business from there.
As different people have different tastes and preferences when it comes to where they would love to base their businesses, some will express their total confidence in cities such as Hong Kong and Shanghai while the latter will hold their total confidence in Singapore.
Discussed below are some of the factors to consider when deciding on the location on their business hub in pacific Asia.
1. Connection to the internet
With the digitalization in the world of business, the speed, accessibility and reliability of an internet connection is paramount. Some business hold their core to the power of the social media, while keeping in touch with staff and other clients from any part of the globe. Internet is important to entrepreneurs as much of research work, sending and receiving emails as well as international calls are all dependent on it. With that into consideration, some cities such as Singapore will offer any entrepreneur with the most efficient internet connection as compared to other cities as Hong Kong and Shanghai.
2. Censorship
When it comes to the rule of the law, different states view different aspects of the social media different from the other. For some states, all search engines such as Google, Bing, Yahoo amongst others are all accessible for use at any one given time. For some other states, it is a subject of scrutiny and might find out that some of the online sites are inaccessible while in the said states. For this case, there are technological break through that might help you bypass such restriction and access your sites such as using the virtual private network. Such restrictions will give some cities in the pacific Asia more credit such as Singapore than Shanghai and Hong Kong.
3. Coworking
Space gives the best platform for business people to network, connect and share ideas with ease. It is therefore of essence to have buildings that reflect the best designs , are well managed , spacious , giving ample room for social and business oriented Coworking space. This is a very vital consideration for all entrepreneurs across board. Entrepreneurs will consider cities in pacific Asia that offer spaces that give them productive working spaces. The consideration for cities such as Singapore being more ecstatic is because it has better entrepreneurial space as compared to Hong Kong and Shanghai.
4. Government support
Support for entrepreneurial growth is paramount to the growth of any business. The ability and willingness of the government to give entrepreneurs incentives to favor their growth is very important. From one city to another, the policies set out by the government are different. In shanghai for example, most of the high profile entrepreneurs will have an issue with the free trade zones. In Hong Kong, businesses are run in family cartels that are very hard core when it comes to policy making policies that might jeopardize them unfavorably. In Singapore, government support, incentives is overwhelming.
5. Weather
Different cities around Asia pacific experience different weather patterns and seasons. If the type of business is not in any way affected by the type of weather or season present, then there no worries whatsoever. It is only a factor to consider if the productivity of the business will be influenced in any way. Shanghai and Hong Kong experiences such seasons and might affect some of the business associates as well as their business. If so, Singapore, does not experience such and might be more suitable for them

 

ST Telemedia and Tata  

ST Telemedia and Tata Communications complete the Singapore data centre joint venture transaction. Both partners to power ahead to grow and strengthen the Singapore and India data centre business.

Tata Communications announced in Feb 2017 the successful completion of the Singapore data centre joint venture transaction with ST Telemedia (STT), a global investor in communications, media and technology businesses.

In May 2016, both companies announced their entry into definitive agreements whereby STT, through its wholly owned subsidiary, ST Telemedia Global Data Centres (STT GDC), agreed to acquire a 74% majority stake in Tata Communications' data centre business in India and Singapore, with Tata Communications holding the remaining stake as a minority shareholder. The India data centre joint venture transaction was successfully completed on October 19th, 2016.

The completion of both Singapore and India transactions reinforces the strategic partnership between the two dynamic companies, working closely and drawing on each other's complementary capabilities and experience to accelerate growth in the vibrant data centre markets in Singapore and India.

Since the May announcement, both companies' management teams have been working closely to identify areas for business integration to enhance customer service and realise the full potential of the business partnership. Both partners remain committed to ensuring a smooth transition for existing customers and employees of Tata Communications' India and Singapore data centres into the broader STT GDC platform.

The Tata Communications Global Network reaches more than 240 countries and territories, 99.7% of the world's GDP, millions of businesses, and billions of people. It includes the world's only fibre ring around the world

ST Telemedia is an active investor igniting growth opportunities emerging from the digital convergence of users, communities, content and services. Focused on four business segments – Communication & Media Services, Enterprise Services, Data Centres, and Emerging Technologies.

Bright idea to Business  

In the special series part seven staring at the growing start up prospects at Singapore, Michael Stoss from Voice2Choice start up explains the confrontation during the development and practical implementation of new technology to the extent where it can be introduced in the market. SINGAPORE: It has been initiated by the means of bedtime stories and soft toys. During 2007, Mr. Michael Stoss had been working in the Kuala Lumpur situated in Malaysia. He was intending to tell the stories of bedtime to godson who was situated in Germany, but time difference was a big hurdle and very difficult to cope with. On a bright day, Stoss was thinking about the transformation of his original voice as the speaker of fairy tales or bedtime stories. He found that there was no evident solution in form of software.
He again stuck with an idea to create an application in form of soft toys for those children who are hospitalized and enable those toys to speak the in voices of their grandparents and parents. Children who are admitted in the hospital find the soft toys comfortable, but if they hear the toys speaking in familiar voice, it would enable them to speed up their recovery process. Mr. Stoss began to work on the development of application and this technology further evolved Voice2Choice .
WONDERFUL POTENTIAL
Beyond soft toys and bedtime stories, Mr. Stoss further determined the other potential benefits of the application in other areas. He further proclaimed that this software can be used in movie dubbing. He told that the TV shows and movies that run in Germany are mostly dubbed by Actors. Suppose, your movie has a lot of characters, for instance you need 20 to complete your dubbing, you will be requiring 20 while with the Stoss's technology, you will not require so many.
With Stoss's application, you will only need a child, women and a man. With the combination of these three voices, you will be able to make the other voices of characters as well. This will further save the movie company from expenditure of extra money and time. The scenario will be the same with the industry of gaming as well. With the advent technology developed by Stoss, game producers can be offered with the variety of voice variations.
SLIPPING BLOCKS
The theories and ideas can progress the product to the money making road where it can get the assistance from the external agencies. In case of Voic2Choice, a number of sources were offered by the Singapore for help. Technology & Research (A*STAR), the Agency for Science is helping the company under the T-UP proposals. Furthermore, it is the part of the scheme that is offered by the A*STAR to provide the funds in partial as salaries along with the seconding of engineers and scientists to medium and small enterprises. It has further acquired the grant under Technology Enterprise Commercialisation Scheme starting SPRING Singapore.
Under Private zone, the application is being tested by the means of different media and trials along with the videogame producers. Mediacorp programme for Mediapreneur is also supporting Voice2Choice that further offers seed funding for startups along with the networking, mentoring and working spaced along with the packages comprising attractive media to boost their development and growth.
Mr. Stoss further stated that they have big players behind them such as largest companies of media and Government of Singapore shows sheer trust on the company and it will further help to find the potential partners and investors. But, there exist slippery blocks.
After past 10 years, Mr. Stoss still remain unable to fulfill his dream to make his bedtime stories audiobook for his godson. First challenge that have faced is in the technology as voice has complex nature and shows uniqueness, it can be resembled to the fingerprint. Stoss further added that the elements like accents, rhythm and intonation along with the pronunciation are the core things which are unchangeable.
He further added that he is unable to change the Australian or Scottish accent and convert their voice to be speaking in English. With the underlying technology, pitch is another problem along with the possibilities with limits in order to create high-pitched deep voices. The company also requires the potential investors along with another underlying challenge. Investors are more interested in the profits, the technology is under the further development to yield the better outcomes. To meet the challenges, the company is giving its utmost efforts for research. The description of human voice is based on several parameters, while these parameters are not having yet researched well. Stoss further added that this area needs further research.
Stoss further added that the company needs experts in the technical field such as processing of digital signal. The experts are not easily available and hence are expensive. So Mr. Stoss added that it is a challenge for start-ups. There are several ways in he pipeline that enable the users to determine the technologies according to their needs. Stoss stated that they are intending to create a platform, a mobile application where the users will be able to create and upload their own voices. These two approaches are being utilized to address the investor's challenge so that the company can convince its investors about the working technology and dominated the market.
KNAV hires 2 experienced Partners  

KNAV, an international grouping for legally independent accounting firm and consulting practice, has made its latest 2 high profile partner hires in the Singapore operations. They had engaged the services of Mr. Wayne Soo as well as Mr. Ethan Ong. KNAV has a global presence in many locations. Some of the countries with KNAV operations are Canada, India, France, Netherlands, Switzerland, Singapore, USA and UK.
KNAV offers 3 main categories of business services. The first is audit and assurance. KNAV has a strong audit methodology that is relevant to the business in the areas of financial statement attestation and compliance and internal control audit. It relies on risk based audit methodology to perform an effective and efficient audit. Its audit process also involves understanding various business controls and testing those controls for effectiveness. It has a strong focus on maintaining healthy client relationship while providing top class services. KNAV utilizes the modern tools and information analytics and is able to keep up with the modern times from support given by various software vendors such as Thomson Reuters.
Another key business service offered by KNAV is in the area of tax advisory and tax preparation. KNAV is staffed by highly experienced tax partners leading the tax practice and is able to provide a global tax view for companies' tax needs and queries. KNAV attempts to provide tax solutions to companies from across different industries and will execute those solutions effectively for the client. KNAV tax professionals are well versed with different tax code from multiple jurisdictions.
The final key business service is on the area of business advisory. There are 4 sub business segments. First would be business valuation practice. KNAV will be able to assist in valuing a company's assets and liabilities to provide a meaningful fair value for any business concern that will be useful for any potential acquisition deals. The second would be strategic advisory. KNAV can draft out a comprehensive strategic review plan for the company wanting to implement process improvement procedures and tailored solutions can be offered to better manage the company's operations. The 3rd area is investment banking. KNAV has investment banking professionals ready to execute fund raising documentation. Underwriting services, security offerings are part of the expertise provided by KNAV. The final area is concerning accounting advisory. KNAV has in place a team of competent accounting professionals well versed with latest accounting standards and local GAAP for various jurisdictions. They can ensure your financial reporting obligations are in accordance to companies act and global recognized accounting standards. Accounting is a dynamic topic with constant updates and changes and companies can benefit from KNAV's expertise.
Mr. Wayne Soo is a qualified chartered accountant in Singapore. He is also a Qualified Fraud Examiner and has Fellow membership in six international accounting bodies. Mr. Wayne Soo has immense wealth of experience in the areas of audit, having served for many years with Big Four professional services firm. Other areas of expertise include due diligence, forensic audit and corporate advisory. The client profiles include large local corporations and international companies.
Singapore and India has good economic partnership and trade between the 2 nations have been synergistic. Cross border deals are happening at and increasing pace and volume between the 2 unique jurisdictions and KNAV has to keep abreast with regional developments over at Singapore by roping in talent in order to serve their clients effectively. Many businesses have vested interest in both India as well as Singapore with multiple transactions happening across the countries every day. Managing Partner for KNAV, Nishta Sharma expressed delight in making 2 Singapore partners and will continue to push forward for global integration.

 

  
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