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.

13 May 2014

Passive Income Online 2014: 10 Revolutionary Strategies to Quickly Earn a Passive Income Online in a Web 3.0 World

Passive Income Online 2014: 10 Revolutionary Strategies to Quickly Earn a Passive Income Online in a Web 3.0 World

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Since its inception, drastic changes have been noted that has affected the world in the most profound way. From a simple read only web, the internet has changed into a read and write web. Read and write web means that people can read the information on the web and write about it. This paved the way for blog sites and social networking sites. People can post a comment and create forums where they can write what they want to say. However, the evolution of the internet did not stop to the read and write phase. It has continued to develop and provided a more user friendly and personalized information to many people. As of today, the web is already on experiencing the phase. Web 3.0 is almost there in making the internet the best tool for people to live their lives with ease and convenience. The existence of web 3.0 also made way for more opportunities online. Opportunities like online businesses have become possible.
It is not new that many people nowadays are using the web to earn money for a living. This method of earning through the internet is known as passive income online. Passive income online refers to earning through the internet that requires lesser effort compared to working in the office. It’s like sitting in front of your computer or sleeping overnight and still earn money, hence the term passive. This business opportunity has gained popularity since web 3.0 allowed it on the web. Blog sites, video uploads, and social media marketing are just one of the few ways of using the internet to earn bucks. This is because internet can reach massive number of people, break language barriers, and surpass country boundaries. Internet transformed the conventional way of making business transactions and connecting to people into a more efficient and reliable one.
In this new phase where Web 3.0 is dominating, it is just practical to make use of what the web can do to a business. It is then right that you should know what strategies you can apply to take advantage of this new phase. It is time to know the best move to be successful in online transactions and online business. This is what this book is all about.
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Passive Income Online 2014: 10 Revolutionary Strategies to Quickly Earn a Passive Income Online in a Web 3.0 World

12 April 2014

US Market rout over or it is just the beginning ?

Last week, we see a drop in S&P 500 index since January 2014. This is especially for the tech stocks. To date, the US stock market hasn't had a correction, or fall of 10 percent from recent highs, since 2011. It seems that the sell off is in the tech stocks. Prices plunged over the week. The first-quarter earnings season has just started, but investors seem in little mood to wait for results. Financial analysts expect earnings for companies in the S&P 500 to drop 1.6 percent from a year earlier, according to FactSet, a financial data provider. At the start of the year, they expected a jump of 4.3 percent. On Friday, the Nasdaq dropped 54.37 points, or 1.3 percent, to 3,999.73. It was down 3.1 percent for the week. The Dow Jones industrial average fell 143.47 points, or 0.89 percent, to 16,026.75 on Friday. The S&P 500 fell 17.39 points, or 0.95 percent, to 1,815.69. JPMorgan Chase fell $2.10, or 3.7 percent, to $55.30 on Friday. Is this the start or just a correction? The next probable impact would be the next 10BN tapered off from QE3. Will USD rises and stocks drop ? We shall see.

07 April 2014

OCBC 360 Account with up to 3.05% pa interest versus Standard Chartered Bonus$aver 1.88% pa

Last week, OCBC a flexible savings account known as OCBC 360. Basically this new savings account is a pretty decent one which will probably generate lots of funds and it is probably a cheaper alternative to launching a Bond for investors to fund their expansion in Hong Kong.

Anyway, back to the product itself. Currently, DBS and Citibank have similar plans where they pay you a higher interest rate on your funds. For Citibank you invest into regular savings plan or buy an insurance with them and earn up to 2.5% pa for the first 50,000. As for DBS multiplier 2.08%,you will have to consolidate Salary, Credit card spend, Home Loan instalment and Investment dividends and they will give you up to 2.08% pa for the first 50,000.

Standard Chartered's Bonus$aver 1.88% is another plan that pays well but it is only for the first 25,000. The condition to satisfy it simply spend (point of sales) or pay online to your debit or credit card of > $500 per month and your first 25,000 will earn 1.88% pa. There are no other conditions attached.

OCBC 360 is a bit similar to the Citibank and DBS plans. It also pays an interest for the first 50,000 of that account.

The three criterias each adds 1% to the base interest rate of 0.05% for first S$200,000. Earn interest of 0.15% per year on balance above S$200,000.

1. You earn 1% pa for GIRO your salary into the account
2. You earn another 1% pa if you spend more than $400 on OCBC credit cards. I have called and checked and it is confirmed that Plus! Card, Robinson Card does count towards the S$400 so long the OCBC cards tag to the same account. Spending using the principal account is counted towards the S$400. Sumplimentary card doesn't.
3. The last condition is that if you make 3 unique bill payments from this account with OCBC Online Banking using Pay Any Bill and Pay Any Card services or use GIRO, you earn another 1 more %.

I think that the OCBC 360 will definitely suck in lots of funds from other banks. With FAST transfer in place, more funds will just be transferred into the OCBC vault to take advantage of this unusually high 3.05% pa.

Most people feel that they can't spend S$400 a month. In fact, it is quite easy to acheive that. Telco bills usually adds up to almost S$70 to S$80. Groceries probably S$200 a mth. The rest can be made up of other purchases etc.

I have been using BonuSaver for a year earning that extra interest fulfilling the > S$500. I intend to switch over to OCBC and give it a try. The only trouble is to rearrange some GIRO arrangements or to manually pay some of the bills online, including the credit card bill or pay another banks credit card bill via ocbc.com online portal. That should make it count to 3 times a month.
I am sure banks like CIMB or Maybank will come out with more creative plans to grab the outgoing funds. Stay tuned. The war for SGD is beginning and will be fiercer in time to come when US raise interest rates and our mortgage rates will also rise.

OCBC 360 is definitely the winner right now if the conditions can be loosen. e.g. enable sub card holders to add up to the maincard monthly spending.  Those without credit cards (debit card users) cannot take advantage of this savings which is really a shame (SCB can). Thirdly, unemployed can't take advantage of the additional 1% as they have no salary to transfer in from.


14 January 2014

StarHub Scores With Singapore’s First Dedicated Chinese Enrichment Channel Rediffusion TV to offer Chinese Enrichment Programmes for Primary School Students

StarHub Scores With Singapore’s First Dedicated Chinese Enrichment Channel -Rediffusion TV to offer Chinese Enrichment Programmes for Primary School Students- Singapore, 14 January 2014 – Come 17 January, StarHub will launch Singapore’s first dedicated TV channel to offer Chinese enrichment programmes for Primary One to Six students. Rediffusion TV,an On Demand channel, aims to boost Primary School students’ Chinese language proficiency through a week-by-week assessment that closely follows the Primary School syllabus. The syllabus on Rediffusion TV is curated and updated regularly by its educational arm, Eduplus Language Centre, which runs an established chain of language schools. Its syllabus will mirror lessons taught in school on a weekly basis, allowing students to continue their Chinese education at home. Showcasing a curriculum specially designed for curious minds, each episode on Rediffusion TV offers rich graphics, clear voiceovers, and step-by-step guidance—all to make learning Chinese more memorable and enjoyable for children from the ages of seven to 12. The programme even features tips on examinations and stress management. Since its establishment in 1994, all five branches from the Eduplus Language Centre, which are registered with The Ministry of Education, have been known for their effective teaching methods. The founder of Eduplus Language Centre, Ms Chang Mei Hsiang, a veteran in the education industry will be the face of Rediffusion TV. She will be featured guiding children through the syllabus with her impeccable Mandarin. Besides wearing the hat of an educator, Ms Chang also helms the newly-revamped Rediffusion, Singapore’s first radio broadcaster catering to the locals. Rediffusion TV is the second learning initiative introduced by StarHub as part of its push into the educational sector. AssessMe was the first of many online learning services launched by StarHub and is hosted on its new Learning Hub. AssessMe is an e-assessment service currently tailored for children attending primary school. “There has been a lot of emphasis placed on Chinese education in recent years,” highlighted Ms Lee Soo Hui, Head of Media Business Unit, StarHub. “With the launch of Rediffusion TV, parents can now help their children set a firm foundation and master the language through a fun and light-hearted way.” “The launch is extremely timely as school has just reopened,” Ms Lee added, “so parents with Primary School-going children who want to supplement their Chinese education will now have an affordable and reliable platform to turn towards. Eduplus is one of Singapore’s most respected enrichment centres and we are excited that it is partnering StarHub for its maiden TV foray.” StarHub TV customers can sample six episodes from Rediffusion TV for free, starting from 17 January to 28 February. To access the free preview, viewers just need to press the VOD button, followed by “Shows On Demand” and select “Rediffusion TV- Free Preview”. Customers can subscribe to Rediffusion TV at a monthly subscription of $8.56 (including GST), and enjoy 50% off subscription for the first three months. To enable learning on the go, StarHub TV customers who signed up for Rediffusion TV can access the channel on TV Anywhere via www.starhubtvanywhere.com at no additional charge. For more information on StarHub TV, visit www.starhub.com/tv.

03 January 2014

StarHub TV Unveils Zee’s First Tamil Channel -Zee Tamizh caters to Tamil community with top-rated entertainment

StarHub TV Unveils Zee’s First Tamil Channel
-Zee Tamizh caters to Tamil community with top-rated entertainment-
Singapore, 3 January 2014 – Fans of Indian programming are in for a treat! From 7 January, StarHub TV will debut Zee Tamizh, the first Tamil channel that is produced by Zee Entertainment, one of India’s leading media companies. Premiering on StarHub TV Channel 138, Zee Tamizh will proffer a stellar lineup of the freshest and most popular programmes of varying genres. These range from interactive cookery shows to exciting game shows, and poignant drama series to blockbuster movies.
Zee Tamizh will join the bouquet of popular Zee channels that is currently available on StarHub TV. These include Zee Cinema (Channel 130)Zee Khana Khazana (Channel 159), Zee News(Channel 158), Zee TV (Channel 125) and Zee TV HD (Channel 157). While the existing Zee group of channels is skewed towards the Hindi community, Zee Tamizh caters to the viewing needs of the Tamil community. Hindi content dubbed in Tamil will also be made available for viewers who would like to sample it.
Key programmes on Zee Tamizh include Solvathellam Unmai, an emotional reality talkshow about families’ interpersonal problems, anchored by popular actress Lakshmy Ramakrishnan,Why This Kolaveri, the first-of-its-kind singing programme where contestants try to sing despite attempts to interrupt their performances. Why This Kolaveri is a perfect blend of singing and comedy and is hosted by Big FM RJ Balaji, known for his sense of humour. Viewers, whose preference lies in movies, will be able to catch action blockbuster movie Pattathu Yaanai. Directed by critically-acclaimed director Boopathy Pandian, Pattathu Yaanai revolves around a traditional chef, and stars popular artistes Vishal Krishna and Aishwarya Arjun.
“We are thrilled to launch Zee Entertainment’s first Tamil channel, Zee Tamizh on StarHub TV,” enthused Ms Lee Soo Hui, Head of Media Business Unit, StarHub. The addition of Zee Tamizh will better serve the Tamil segment of our customer base. At the same time, it bolsters our Tamil offerings, bringing the total number to six. The Zee brand represents quality content, and is associated with some of the top-rated programming in Indian television. We are confident that our viewers will welcome this new entertainment option.”
Zee Tamizh can be subscribed as a standalone channel at $6.42 (including GST) per month, or as part of StarHub’s newest pack, Thangam Migai Pack at $21.90 (including GST).Thangam Migai Pack is bundled with eight other entertainment channels including KBS World HD (Channel 115), ONE HD (Channel 823), ONE (English) (Channel 820), Sun TV (Channel 133), Sun Music (Channel 134), STAR Vijay (Channel 135), Vannathirai (Channel 136) and V Tamizh (Channel 137).
To allow customers to sample the two newest channels from Thangam Migai Pack, StarHub TV will be offering a free preview for Zee Tamizh and V Thamizh. The free preview will be held from 9am on 7 January to 9am on 21 January. For more information on StarHub TV, visit www.starhub.com/tv.