17 June 2015

Huawei P8 Review Hands on @ OCWORKBENCH

21 May 2015

Fraser Centrepoint Retail bond(3.65%) Results are out !

Yesterday 20 May 2015 was the due date for subscribing to the IPO of Fraser Retail Bond.  In the past, I tried to subscribe to IPO and I usually ends up with single lots. To my surprise, I got all the lots allocated for this bond.

If you have balloted, do login to your bank account either DBS, UOB or OCBC to check your status.
Here is how it looks like on UOB.

So it will be 7 years to hold till maturity or I can sell it straight off for a small profit if I don't intend to keep it. The yield for this retail trench is 3.75% .

Why waste time on Savings Bond or Insurance that pays lesser than 3%.

18 May 2015

CIMB StarSaver is giving up to S$75 credit when you top up your existing StarSaver account

CIMB StarSaver is giving up to S$75 credit when you top up your existing StarSaver account. Do read the Terms & Conditions as the amount will be earmarked till October 2015.

Beyond the existing benefits from a CIMB StarSaver, we are giving our customers up to
 cash credit* when they top-up their existing CIMB StarSaver, CIMB StarSaver (Savings)
or CIMB Junior Saver Account(s) with fresh funds. On top of that receive an additional S$5 cash credit1when you top-up via FAST (Fast and Secure Transfer).
Here is an example of how it works:
Account Balance
on 16 April 2015
Top Up Amount2to Qualify
(Fresh Funds)
Minimum Eligible Account Balance2on 15 June 20153RewardBonus
(top-up via FAST)
e.g. S$5,000S$10,000S$15,000S$15 Cash Credit+S$5 Cash Credit1
S$20,000S$25,000S$30 Cash Credit
S$50,000S$55,000S$75 Cash Credit
To apply, simply:1. Complete the ‘Participation Form For CIMB StarSaver Top-Up Promotion 2015’ by clicking on the
    ‘Register Now’ button below and mail it to us using the Business Reply Envelope (BRE).

2. Top-up your funds via these methods:
    •  Fund Transfer via FAST from other banks (receive S$5 cash credit1)
    •  Cheque/Cashier’s Order
*Terms and conditions apply for the CIMB StarSaver Top-up Promotion 2015. Promotion is from 17 April to 15 June 2015 ("Promotion Period") and is limited to the first 1,000 customers who register via the registration form or at any of our branches.

1The entire top-up amount as indicated in the Participation Form must be done via FAST (Fast and Secure Transfer) transfer to qualify for the additional S$5 cash credit.

The deposit of the minimum top-up amount must be accompanied by an increase in the Customer’s Total Current/Savings Account Balance of an amount of at least S$10,000, S$20,000 or S$50,000 (as the case may be) at the end of the Promotion Period (i.e. 15 June 2015) (as compared against his/her Total Current/ Savings Account Balance as at 16 April 2015). Total Current/Savings Account Balance refers to the total balance of all personal savings or current accounts which the Customer may have with CIMB.

3The minimum top-up amount placed and credited into the eligible account will be earmarked ("Earmarked Funds") within 1 month from the end of the Promotion Period until 15 October 2015 ("Earmarked Period"). Earmarked Funds are not available for withdrawal before the expiry of the Earmarked Period.
Deposits Insurance Scheme 
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

17 May 2015

What stocks do I hold ?

A number of readers asked me what stocks do I hold ? Well, I have dividend stocks and some growth stocks.

Here is a breakdown of stocks which I think has potential.

$800 SUPER
Golden Agr*

A couple of days I just got rid of Golden Agriculture at $0.45 just before their announcement. The price dipped because of poor results. I intend to use the proceeds and invest partially into $800 SUPER or any other counters. I am holding onto REX as it is bottoming and once oil recovers, it should rebound.

Super Group is a counter I like although the valuation if a bit on the high. The results were a bit disappointing and the price dropped from $1.50 to $1.265 within 4 days. Nevertheless, I find that this counter do have it's potential, it also gives dividend.

17 April 2015

Mediacorp‘s Ch 5 Unbelievable - I am stunned like vegetable is a Mandarin song 美黛 - "我在你左右“

Just in case you do not know. the original song is a classic. Unbelievable - I so stunned like vegetable (Spouse For House 2 MV) Original Mandarin version "我在你左右“ 美黛 - 我在你左右 Another version sang by 青山

12 April 2015

Singapore dollar Fixed deposit / Time deposit rates promotion for Apr 2015 from various Singapore banks

Latest SGD Fixed Deposit Rates

RHB 12 mths
1.45% min SGD 50,000 (using RHB Now Internet)
31 March to 22 May 2015

HLBank 12 mths
1.4% min SGD 25,000 to SGD 49,999
1.5% min SGD 50,000 to SGD 99,999
1.5% min SGD 100,000 and above
from 10 April 2015

Citibank / Citigold 9 mths
1.3% min SGD 50,000 (Citibank)
1.5% min SGD 50,000 (Citigold)
from 12 Apr to 30 Apr 2015

HSBC Advance / Premier 10 mths
1.45% min SGD 30,000 - 1.5mil (Advance)
1.5% min SGD 30,000 - 1.5mil (Premier)
S$200,000 S$60 Dairy Farm shopping vouchers
S$500,000 S$200 Dairy Farm shopping vouchers
S$1,000,000 S$550 Dairy Farm shopping vouchers

Maybank 12 mths
1.10% SGD 25,000 to SGD 50,000
1.45% SGD 50,000 and above

Maybank 18 mths
1.18% SGD 25,000 to SGD 50,000
1.55% SGD 50,000 and above

Maybank 24 mths

1.28% SGD 25,000 to SGD 50,000
1.60% SGD 50,000 and above

receive a Corningware 6-piece Meal Maker set "Dancing Floral" (worth S$145) when you place a minimum of S$150,000 for 24 months.


30 March 2015

MAS today provided more information on the features of Singapore Savings Bonds

The Monetary Authority of Singapore (MAS) today provided more information on the features of Singapore Savings Bonds. This followed Senior Minister of State Mrs Josephine Teo’s announcement that the Government and MAS would introduce the Savings Bonds programme to provide individual investors with a long-term savings option that offers safe returns . This will expand the range of simple, low-cost investment options available to individual investors to help them meet their long-term financial goals and retirement needs.
2        Singapore Savings Bonds are backed by the Singapore Government, with features that make them accessible and suitable to individual investors:
i.    Principal guaranteed: Investors will always get their investment amount back in full. In other words, they will not suffer any capital losses.
ii.    Term of ten years: This allows individuals to save for the long term and receive higher long-term interest rates (which comprise what investors call “term-premium”).
iii.    Step-up interest: Investors will earn interest that is linked to long-term Singapore Government Securities (SGS) rates. Unlike SGS that pay the same coupon each year, Savings Bonds will pay coupons that “step-up” or increase over time. As a result, the average interest rate is higher the longer the Savings Bonds are held.
iv.    Monthly issuance: This makes Savings Bonds accessible on a regular basis.
v.    Flexible redemption: Bond-holders can choose to get their money back in any given month, with no penalty. This means that individual investors do not have to decide upfront how long they wish to invest.
vi.    Small minimum investment amount: A minimum of $500, and in subsequent multiples of $500 up to a limit to be announced later. A limit will help to maximise participation and to ensure a broad reach.
vii.    Only individuals can apply for and hold Savings Bonds.
3        A factsheet summarising the features of the Savings Bonds is available in the Annex.
4        MAS expects to launch the Savings Bonds programme in the second half of 2015. MAS will provide information on how to apply for Savings Bonds closer to the launch date.

more information at http://www.mas.gov.sg/news-and-publications/media-releases/2015/singapore-savings-bonds-for-individual-investors.aspx

03 October 2014

Maybank iSavvy Savings up to 1.3% pa versus Standard Chartered's e$aver account of up to 1.25% pa

Maybank iSavvy Savings up to 1.3% pa versus Standard Chartered's e$aver account of up to 1.25% pa

Maybank is following Standard Chartered bank to offer a tier savings account that pay bonuses. For the first 5000 to 50000, the total interest is 1.10%. As for 50,000 to 200,000, the total interest is 1.18%, slightly higher than 1.15% pa of Standard Chartered Bank.

If you have S$200,000 to spare, you might as well place it in Maybank for 1.30% pa. Currently, Maybank seems to have the highest savings rate for a liquid cash account (SGD). Do take note that the interest is offered for a short time frame, please read the terms & conditions on the respective website.

 Now you can earn an attractive rate of up to 1.30% p.a. on your iSAVvy Savings Account. Simply deposit a minimum of S$5,000 in your account to get started!
Fresh Funds
Deposit (S$)
Bonus Interest
Rates (% p.a.)(A)
Base Interest
Rates (% p.a.)(B)
Total Interest
Rates (% p.a.)(A+B)
5,000 to < 50,000

50,000 to < 200,000
= 200,000
Interest rates are subject to change without notifications.


e$aver deposit balancePrevailing interest rate (A)Bonus interest rate on incremental balance (B)Total interest rate on incremental balance (A+B)
Less than S$50,0000.10% p.a.1% p.a.1.10% p.a.
S$50,000 to less than S$200,0000.15% p.a.1.15% p.a.
S$200,000 and above

0.25% p.a.1.25% p.a.

28 September 2014

Breaking News : Tear gas and clashes at democracy protest in Hong Kong

Hong Kong police have used tear gas to disperse thousands of pro-democracy protesters near the government complex, after a week of escalating tensions. Dozens of demonstrators were arrested, with hundreds remaining in the city centre late on Sunday. Protesters want the Chinese government to scrap rules allowing it to vet Hong Kong's top leader in the 2017 poll. Hong Kong Chief Executive CY Leung said the demonstration was "illegal" and elections would go ahead as planned. China has also condemned the protest, and offered "its strong backing" to the Hong Kong government. Below is a Live Video Feed of from Apple Daily Hong Kong.

25 September 2014

CIMB VISA SIGNATURE Credit card with 3.8% Rebate for shopping, groceries challenges OCBC 365 Credit card

CIMB VISA SIGNATURE 3.8% Rebate 23 Sept 2014

Looks like there is a challenger to OCBC 365

Life is always 3.8% better with CIMB Visa Signature Card. Introducing our latest card that gives you 3.8% cash rebates on all dining, entertainment and online shopping! The rebate also applies when you use the Visa payWave function on the card. Now's the time to live life to the fullest, especially when there's no limit to where or when you can dine or party.

Terms and conditions apply.

a Dine wherever you like*.
You should be free to dine at the restaurant or café of your choice, and still enjoy a 3.8% cash rebate, from Mondays to Sundays anywhere in Singapore. Be it a simple dessert or a fancy steak dinner, CIMB Visa Signature will allow you to dine with perks freely.

a Entertain wherever you want*.
Every day should feel like a Saturday night. From an exciting night out in town to dining at your favourite brunch bistro on the weekend, CIMB Visa Signature will reward you with a 3.8% cash rebate on any day of the week, at any pocket of fun that you may find in Singapore
a Be rewarded for online shopping*.
The World Wide Web is your oyster. CIMB Visa Signature is offering you sweet rebates whenever you shop online. From that limited edition guitar to that designer bag you found online, you’ll be rewarded with a 3.8% cash rebate# on virtually anything.
#An additional 3.3% cash rebate for online spend will be awarded on spend made in foreign currencies only.

a More convenient when you pay with Visa payWave*.
It’s easy to get 3.8% cash back when you pay with Visa payWave. Just simply tap and go with your CIMB Visa Signature Card and be rewarded.

*Terms and conditions apply.
a Unlimited Cash Rebates, both locally and overseas
Enjoy a 0.5% cash rebate on local and overseas spend, with no minimum spend and no monthly cap. What’s more, the process is fast and convenient, with rebates automatically offset from your bill every month.
a Life is sweeter, when the rewards are endless.
The CIMB Visa Signature lifestyle is filled with neverending benefits. From complimentary airport transfers, parking at Liang Court and access to True Yoga centres and True Fitness gyms, the rewards are endless.
a Freedom for life, with no annual fees
Experience year after year of financial freedom – without joining fees or annual fees for the Principal Cardmember, ever.
a Exclusive Visa Signature Privileges
From access to Visa's luxury hotel collection to their Golf Fee Card (GFC) Membership Program, expect a suite of exciting privileges to enjoy.
For the full listings of Visa Signature privileges and merchants’ terms and conditions, visit http://www.visa-asia.com/premium/signature/ap/.it
a Cross Border CIMB Bank Smart Rewards
With the cross border CIMB Bank Smart Rewards Programme, you’ll receive exclusive offers, discounts and privileges at over 1,000 established merchant outlets in Singapore, Malaysia and Indonesia. Every day, all year long.
a Complimentary travel insurance of up to US$500,000
You and your family members are automatically covered with up to US$500,000 travel insurance when you charge your full travel fares to your CIMB Visa Signature Card. Cover is also provided for those little travel inconveniences such as baggage delays and missed flight connections
a Flexi-Payment with CIMB 0% i.Pay Plan
Travel around the world or purchase anything with the CIMB 0% i.Pay Plan. You can enjoy flexible repayments of up to 20 months when you charge any of your retail purchases to your CIMB Visa Signature Card.
Share the Benefits
Share the benefits with your family and loved ones with up to 4 supplementary cards, and a first year annual fee waiver for the first two supplementary cards.


26 August 2014

SGX reduces securities board lot size from 1000 to 100 per lot

From 1000 to 100 units, starting January 2015. Retail investors will now be able to invest in a wider range of equities, including blue chips, and to build more balanced and diversified portfolios. A recent announcement by the Singapore Exchange (SGX) reveals the SGX will reduce the standard board lot size of securities listed on SGX from 1,000 to 100 units from 19 January 2015. The reduction will apply to ordinary shares, including shares traded on GlobalQuote, real estate investment trusts, business trusts, company warrants, structured warrants and extended settlement contracts. Existing counters with board lot sizes of 100 or less units will remain unchanged. Magnus Bocker, CEO of SGX, said: “The reduced board lot size will benefit all investors and make it easier to invest in blue chips and index component stocks which tend to be higher-priced. It will also allow institutional investors to better manage their risk exposures through finer asset allocation of funds.”

18 July 2014

DVB sets new standard DVB-UHDTV 3840x2160

DVB sets new standards 6th July 2014 The Digital Video Broadcasting Project has ratified specifications for the delivery of ultra-high-definition television services. Its Phase 1 specification sets a base level for UHDTV but does not address more demanding requirements that are already on the horizon. The DVB has also approved specifications for synchronisation between broadcast services and companion devices and a profile of MPEG-DASH adaptive streaming for use over internet protocol networks. The DVB-UHDTV Phase 1 specification covers a resolution four times that of 1080p HDTV, with 10 bits per pixel, at up to 60 frames per second, using HEVC compression. It allows for the possibility that Phase 2, which has yet to be considered, will use higher frames rates. Phil Laven, chairman of the DVB steering board, said: “This new DVB-UHDTV Phase 1 specification not only opens the door to the age of UHDTV delivery but also potentially sets the stage for Phase 2, the next level of UHDTV quality, which will be considered in upcoming DVB work”. With test transmissions already underway, including limited coverage of the World Cup football, the race is on to deliver the next generation of ultra-high-definition services. Current efforts are mainly focused on 3840×2160 resolution pictures, popularly but incorrectly referred to as 4K. An even higher resolution of 7680×4320 is also envisaged, sometimes referred to as 8K. There is also a view that temporal resolution, with frame rates higher than 60 frames per second, may be as important as increased spatial resolution. The ITU standard, generally known as Recommendation 2020, published in 2012, specifies both spatial resolutions at up to 120 frames per second. NHK in Japan is planning to begin 7680×4320 ‘Super Hi-Vision’ satellite broadcasts as early as 2016. Many broadcasters and consumer electronics companies currently see 2160p60 as a more practical format. The question is whether it simply represents an intermediate step to the ultimate in ultra-high-definition. It is reminiscent of the introduction of high-definition television, when 720p and 1080i were advocated for practical reasons, rather than 1080p ‘Full HD’. The DVB steering board also approved a specification for content identification and media synchronisation for companion screens and streams, otherwise known as A167-2. This concerns the synchronisation of content on personal screens, such as phones and tablets, with related media on television devices, such as set-top boxes or network-connected televisions. This requires the identification of broadcast media and associated online material and the synchronisation of presentation on both screens. Although conceptually simple, this is non-trivial to implement and integrate in broadcast infrastructures, which is why other workarounds have been used, such as audio fingerprint recognition. Many broadcasters may have limited interest in the technical complexities involved. Yet the integration of experiences across different types of screen may be critical to their future. The DVB also approved an MPEG-DASH profile for delivering adaptive bitrate media over internet protocol networks, in Bluebook A168. It includes support for UHDTV at up to 3840×2160 resolution at up to 60 frames per second. The profile supports H.264 AVC and H.265 HEVC video compression. Conditional access is based on MPEG Common Encryption and delivery of subtitles in stream is based on XML. The intention is to reduce the range of options available and so simplify implementation. However, ensuring reliable interoperability will remain a challenge, compared to existing broadcast standards. All three specifications will go through to the European Telecommunications Standards Institute for publication as ETSI standards. www.dvb.org www.itu.int www.etsi.org www.dashif.org

Fox News reports on Malaysian Airlines Plane Crash in Ukraine

This is a news report from Fox News. Keep updated on the developments in the video below.

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