"I was always dreaming of starting a business, even back in Shanghai. But the problem with Shanghai is that we can't find good enough people. Singapore is ideal for start-up location because it's a hub of all the talents in the region. I cannot meet my partner, Jet, in China because it's too big. But it (the meeting) happened a few days after I arrived in Singapore," said Michael, who is now the CEO of Mozat.

William Klippgen, Director of Mozat, said: "Mobile phones are extremely powerful these days and network connections are very fast. So you have a very powerful tool in your hand but it's not being utilised. There's a huge gap in terms of making use of that power."

This is cache, read story here