Wednesday, 27 November 2013
Lester Chia and Property Investment
Friday, 22 November 2013
Thursday, 21 November 2013
Wednesday, 20 November 2013
Lester Chia | Gastro Couture
It is clearly better that property should be private, but the use of it common; and the special business of the legislator is to create in men this benevolent disposition.
Tuesday, 12 November 2013
"I just love my Country" says Lester chia
I am from singapore and I love that!!
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| Singapore at night!! |
Start-up Gives You Discounts If You Book Restaurants Online | Lester chia
Restaurant owners have trouble filling up empty tables; customers
want discounts. So the trick here is simple: Give the customers
discounts if they reserve a restaurant space online — now everyone is happy!
Simply put, Singapore-based start-up, Gastro Couture mashes both the online reservation and discount concepts into one. Users pay SGD$7 to reserve a space through the service and in return, they will get 20 to 30 percent discounts in the restaurant. Not a bad deal!
It’s smart because it discourages the kind of idiot who makes reservations but doesn’t ever turn up. The $7 dollar charge is a monetary commitment; a promise that they will show up. Of that fee, Gastro Couture takes $2 as a booking fee, and the rest goes to the restaurant. This arrangement makes both the restaurant and Gastro Couture happy, at least theoretically.
The service was founded by Lester Chia and Loh Zheng Rong. Lester explained to us that they always wanted to be entrepreneurs and now they finally have a chance. “Once we found a good idea, we just took it and ran with it,” he said. Gastro Couture currently has about 17 restaurants listed on their site, and the team is looking to even more on board.
Currently they have many indirect competitors. There are numerous online restaurant reservation sites that allow users to book online but don’t give them discounts; whilst there are daily deals sites that give customers big discounts but the restaurant pays a hefty price. This fragmented situation is not a great long-term solution for restaurants.
Lester chia
Simply put, Singapore-based start-up, Gastro Couture mashes both the online reservation and discount concepts into one. Users pay SGD$7 to reserve a space through the service and in return, they will get 20 to 30 percent discounts in the restaurant. Not a bad deal!
It’s smart because it discourages the kind of idiot who makes reservations but doesn’t ever turn up. The $7 dollar charge is a monetary commitment; a promise that they will show up. Of that fee, Gastro Couture takes $2 as a booking fee, and the rest goes to the restaurant. This arrangement makes both the restaurant and Gastro Couture happy, at least theoretically.
The service was founded by Lester Chia and Loh Zheng Rong. Lester explained to us that they always wanted to be entrepreneurs and now they finally have a chance. “Once we found a good idea, we just took it and ran with it,” he said. Gastro Couture currently has about 17 restaurants listed on their site, and the team is looking to even more on board.
Currently they have many indirect competitors. There are numerous online restaurant reservation sites that allow users to book online but don’t give them discounts; whilst there are daily deals sites that give customers big discounts but the restaurant pays a hefty price. This fragmented situation is not a great long-term solution for restaurants.
Lester chia
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