Send e-Angpow with Presto and get back more cash than the amount you sent

Presto is an innovative homegrown social marketing and e-wallet platform by ACE-market listed PUC Bhd (0007). You can download the app for free in Google Play store and Apple iTune App Store.

In conjunction with the upcoming Chinese New Year 2018, Presto has enabled its users to send electronic red packets (a.k.a. e-Angpow) to their buddies in the app. The good news is, you do not need to top up any money into your Presto account to start sending your red packets.

Click here, and you can receive RM2 from Presto in your account after filling up the online form as shown below. Both new users and existing users are eligible to receive the RM2, provided you are the first 88 users of the day who submitted the online form, from 7 February 2018 until 13 February 2018.

Once you have received the RM2 in your Presto account, you can use it to send out red packet to one of your buddies. Just tap on the banner as shown below at the bottom of the app screen to start sending your red packets.

Alternatively, you can select a friend in your buddies list and there is an option for you to send red packet to the selected person too.

You can send any amount of money in your red packet, but please be noted that you need to send RM2 or more in a red packet in order to be eligible to play the Fortune Blast game.

The secret to get back more cash than the amount you sent is through this Fortune Blast game! If you sent out an RM2 red packet and it is opened by its receiver, you can easily get back at least RM5 from Fortune Blast.

If you are fast enough to blast more than 100 times within 8 seconds, your prize can be doubled to become RM10!

With the money you won from Fortune Blast, you can continue to send out more red packets to the rest of your buddies, and receive more chances to earn back even more money from Fortune Blast.

You can easily earn more than hundred within a very short period of time, even without any need of putting any money into your Presto account to start with. There is just nothing for you to lose, and many for you to gain.

In the end of the day, what can you do with the money in your Presto account? Currently, you can use it to redeem Presto deals. Later on, the money will be resided in your Presto e-wallet, which you can use to make payment at participating shops that accept Presto e-wallet payment method.

Click the link below to share this message to as many of your friends as possible, because you need them to also install Presto app in their phone before you can add them as your buddy and send/receive red packets with them.

FIFA World Cup Russia 2018 soccer match schedule

The 2018 FIFA World Cup Russia is near the corner now!

It will start on 14 June 2018 and last for one month until 15 July 2018.

You can look up to the schedule of all its matches in this website:
http://www.fifa.com/worldcup/matches/index.html
You can also click here to download the match schedule in PDF file.

The time shown on the webpage is Russia local time. Just click on "change to your time" to switch it to your local time. Remember to adjust the date yourself because the date shown on the webpage will remain as the date in Russia as well.

The first match will be Russia vs Saudi Arabia at 14 June 2018 6pm.

You might also be interested to read about:

• The historical relationship between FIFA World Cup and stock market performance

Bank Negara increased OPR to 3.25%

As expected, Bank Negara (BNM) has, at its Monetary Policy Committee (MPC) meeting today (25 January 2018), made the decision to increase the Overnight Policy Rate (OPR) by 25 basis points from 3% to 3.25%.

This is the reverse of the last action taken on 13 July 2016, which reduced the OPR by 25 basis points from 3.25% to 3%.

For investors, if you are holding shares of financial institutions, this is a short term good news to you. If you are holding shares which the company is having high debt/equity (D/E) ratio, you need to evaluate how much will this OPR rise impact on the company's financial situation.

If you are planning to take a hire purchase (eg. buying a vehicle), act fast before the borrowing interest rate increases soon. If you are serving a home loan, expect your monthly commitment to your mortgage to slightly increase from now on.

You might probably also be interested to read about:

• How the OPR can affect the economic climate

PayNet Instant Transfer fee for individual and SME to be zerorized by 1 July 2018

I remember that during early December 2017, Bank Negara Malaysia (BNM) had announced a fee waiver of 53 sen (with GST) of PayNet Instant Transfer fee to be effective in 2018. PayNet is a merged entity of MyClear and MEPS.

Now we have already reached the year 2018, but when I checked on the banks' online transfer function, the 53 sen Instant Transfer fee (with GST) is still there. Am I missing something?

Yes! The effective date of this Instant Transfer fee waiver is on 1 July 2018, so there are a few more months to go.

In addition, I have found out that there are conditions for this Instant Transfer fee waiver as below:

• Only bank account belonged to individual and SME can enjoy the fee waiver. The waiver is not applicable to bank account of big corporations.
• To enjoy the fee waiver, the maximum amount of money in the transaction should limited to RM5,000 only. If you want to transfer more than that using Instant Transfer, and yet want to enjoy the fee waiver, perhaps can break the amount down and perform multiple transfers, with each transaction not exceeding RM5,000.

Malaysia schools terms and festival holidays (Chinese New Year, Hari Raya Aidilfitri & Deepavali) in 2018

Here are the Malaysia schools' term holidays in 2018 as announced by Ministry of Education (a.k.a. Kementerian Pendidikan Malaysia, KPM).

Schools in Group A (Johor, Kedah, Kelantan & Terengganu) will start their term holidays 1 day earlier than those in Group B (Perlis, Penang, Perak, Selangor, N.Sembilan, Melaka, Pahang, Sabah, Sarawak, KL, Putrajaya, Labuan).

As a result, Group A will have 1 more day of Year End Holidays than Group B.

As you can observe from the tables above, certain public holidays will fall within the school term holidays.

Below are the Malaysia schools' festival holidays in 2018 for Chinese New Year, Hari Raya Aidilfitri and Deepavali, as announced by Ministry of Education (a.k.a. Kementerian Pendidikan Malaysia, KPM).

Note that individual school can apply for additional off days  during these festival holidays period, which might subject to having replacement class for the additional off days applied.

The 2018 festival holidays for schools in Group A, which weekends fall on Friday and Saturday, are as follow:

 

The 2018 festival holidays for schools in Group B, which weekends fall on Saturday and Sunday, are as follow:

 

You might notice that the number of days for all these 3 festival holidays in 2018 are much shorter than 2017, which has 9 days for each of the festivals respectively.

Besides, since Hari Raya Aidilfitri in 2018 fall within the Mid-Year Holidays period, and also Hari Raya Qurban in 2018 fall within the Term 2 Holidays period, there will be no extra holiday for the schools during these 2 festivals.

For your knowledge and information:

• Chinese New Year falls on the first day of the first month of a new Chinese lunar calendar year.
• Hari Raya Aidilfitri (a.k.a. Hari Raya Puasa) falls on the first day in Shawwal (the 10th month in Islamic calendar year) after the last fasting month of Ramadan (the 9th month in Islamic calendar year).
• Deepavali celebrated in South-India, which followed by the Indian race in Malaysia and Singapore, falls on Ashvina Krishna Chaturdasi which is the lunar day before the new moon (Amavasya) in the Hindu lunisolar calendar. The date is between mid-October to mid-November every year.

Samsung printer business is now under HP

If you visit to Samsung printer support webpage now, you will find yourself eventually landing in HP website!

This is the indication of the completion of HP acquisition of Samsung printer business.

The two companies have been in competing position in the worldwide printer business for years. HP has been well-known in producing reliable printers for household and business use, while Samsung had been producing many award-winning printers that are affordable with up-to-standard performance and features in the same target segments.

In 2016, HP is the largest player in the worldwide printer market, while Samsung was the 10th.

In September last year (2016), the two companies announced this acquisition plan valued at US$1.05 billion. HP had explained the reason of this acquisition, being able to expand its portfolio and help to disrupt the US$55 billion A3 copier market with multi-function printers that are simple to use but have the same high performance level as that of copiers.


For Samsung investors:

• Samsung had made the decision to dispose their printer business as they opined that this business is gradually declining.
• As part of the agreement, Samsung will make a US$100~300 million equity investment in HP through open market purchases. 

For HP investors:

• HP will gain access to more than 6,500 print patents from Samsung and a workforce of nearly 1,300 researchers and engineers that are experts in laser technology, imaging electronics and supplies and accessories.

For Samsung printers customers:

• Samsung printers' customer support service will continue under HP.
• All of Samsung’s existing printer products will continue to be sold under Samsung brand until the second half of 2019.
• Samsung will keep on providing toners, parts and supplies for existing printers for another 5 years.
• All discounts and programmes previously agreed between Samsung and customers will now be honoured by HP, and these will remain in effect through to all previously agreed end dates.

Top 30 property developers in The Edge Malaysia Property Excellence Awards 2017

The Edge Malaysia has just announced the Top 10 winners in their Property Excellence Awards 2017, which are:

• 1. SP Setia Bhd (2016: #1)
• 2. Sunway Bhd (2016: #3)
• 3. Sime Darby Property Bhd (2016: #4)
• 4. IJM Land Bhd (2016: #2)
• 5. Eco World Development Group Bhd (2016: #6)
• 6. UOA Development Bhd (2016: #7)
• 7. Mah Sing Group Bhd (2016: #5)
• 8. IGB Corp Bhd (2016: #9)
• 8. IOI Properties Group Bhd (2016: #11)
• 9. UEM Sunrise Bhd (2016: #10)
• 10. Tropicana Corp Bhd (2016: #12)

Note that there are 2 developers ranked the 8th position in 2017. Most of the Top 10 winners in 2016 remain in the 2017 Top 10 list above, the only drop off is Gamuda Bhd - Property Division. IOI Properties Group Bhd and Tropicana Corp Bhd have successfully advanced into the list. Congratulations to SP Setia Bhd which managed to secure its 1st position for another year.

Following the Top 10 winners above, the subsequent Top 11-30 are:

• 11. Eastern & Oriental Bhd
• 12. MKH Bhd
• 13. Matrix Concepts Holding Bhd
• 14. Paramount Corp Bhd
• 15. Malaysian Resources Corp Bhd
• 16. OSK Holdings Bhd
• 17. Glomac Bhd
• 17. Selangor Dredging Bhd
• 17. TA Global Bhd
• 18. Sunsuria Bhd
• 19. KSL Holdings Bhd
• 19. WCT Land Sdn Bhd
• 20. Land & General Bhd
• 21. Hua Yang Bhd
• 21. I-Bhd
• 22. Wing Tai Malaysia Bhd
• 23. Selangor Properties Bhd
• 23. YTL Land & Development Bhd
• 24. LBS Bina Group Bhd
• 24. Malton Bhd
• 24. SHL Consolidated Bhd
• 25. Guocoland (Malaysia) Bhd
• 25. Titijaya Land Bhd
• 26. MCT Bhd
• 27. Ivory Properties Group Bhd
• 27. Ken Holdings Bhd
• 27. Plenitude Bhd
• 28. Symphony Life Bhd
• 29. Eco World International Bhd
• 29. MK Land Holdings Bhd
• 29. Naim Holdings Bhd
• 30. Tambun Indah Land Bhd

There are 2 winners of Outstanding Property Entrepreneur Award 2017:

• Datuk Lee Tian Hock from Matrix Concepts Holdings Bhd
• Tan Sri Ter Leong Yap from Sunsuria Bhd

There are 2 winners of Outstanding Property CEO Award 2017:

• Datuk Khor Chap Jen from SP Setia Bhd
• Sarena Cheah from Sunway Bhd - Property Division, Malaysia & Singapore

Tan Sri Ong Ka Ting is awarded with Outstanding Contribution to the Housing Industry Award 2017.

The following properties are awarded with Property Development Excellence Award 2017:

• Mid Valley Megamall - Excellence in Suburban Family Mall
• 1 Utama Shopping Centre - Excellence in Suburban Family Mall
• Sunway Pyramid - Excellence in Suburban Family Mall
• Pavillion Kuala Lumpur - International Luxury Shopping Mall
• Regeneration of George Town - Excellence in Urban Regeneration

My Neato XV-11 all floor robotic vacuum cleaner

Talking about robotic vacuum cleaner, you might first thought of the famous iRobot Roomba. It is fantastic but it is quite pricy too.

There are many other robotic vacuum cleaners available in the market now, but not so many can perform as good as the iRobot Roomba. I found Neato as the one which is much cheaper than iRobot and also many people commented that it performs even better than iRobot.

Neato has several ranges of robotic vacuum cleaners. I purchased the basic one called Neato XV-11 from Corvan Asia at the online price of RM1,732 only. This company normally selling this model at the price of RM1,888, so you have to patiently wait for special discount occasion to get the RM1,7xx price tag.

Unlike most other round-shape robotic vacuum cleaners, the Neato robots are D-shape, specially designed to clean the wall and furniture lining better.

The Neato XV-11 consists of 2 main parts: the robot vacuum itself, and its charging station. The robot is intelligent enough to be able to find this charging station provided there is no obstacle (leave at least 3 feet clear space) at the right, left and front of the charging station.

The robot will automatically find its way to this charging base whenever its battery is low, or when it has completed its vacuuming job. It will then recharge itself and get ready for the next mission.

When operate, the robot sounds like a hair dryer. Some people might find it a bit noisy, but thinking on the positive side, the noise enables us to locate the position of the robot easily. Sometimes it might need a little bit help from us to escape from being stuck in places with a lot of obstacles.

I noticed one interesting thing about this cute robot. It is able to step down from dining area to my kitchen floor, which is a bit lower. However, it is unable to climb back up to the dining area later to return to its base. It will keep on trying to climb up the level. A little help from me to lift it up, then it will continue with its journey.

Unlike most of the dumb robot vacuum you see in the market, this Neato XV-11 is really intelligent with a laser based navigation system. It has eyes to scan through your house layout and furniture position, then plan its path to vacuum in a systematic way. You won't find it wandering randomly like those dumb robots. It will seldom knock on something too, and it won't fell down from staircase, since its eyes are able to tell it to avoid hitting on walls and things, and not to fell down a cliff. I believe this is where I paid for its price, compared with those dumb robots that you can get at a few hundreds ringgit only.

The Neato XV-11 can be scheduled to work automatically at a user defined time. Its scheduler is by day of the week, so you can set different schedule for Sunday, Monday, Tuesday, Wednesday, Thursday, Friday and Saturday. The limitation is only one schedule can be set for one day. Anyhow, you can always press the Start button for it to work immediately outside the scheduled time.

The dust, dirt and debris collected are stored in its transparent plastic container, which is pretty easy to take out and clean.

Like some other robot vacuum, we can use magnetic stripe to block it from going to the region which it not suppose to go, such as the bathroom. Note that this Neato XV-11 works indoor on dry floor. Excessive water on the floor might cause damage to the robot, so bathroom with potential wet floor is its forbidden place.

One thing I don't like about this Neato XV-11 is that its battery is of NiMH type, which is considered old battery technology. Neato does produce robots that use Li-ion battery for its higher end models, at more expensive price.

Corvan Asia is giving a generous 5 years warranty plus 5 years of free yearly service to Neato robots, which I think is irresistible to bring home this robot vacuum at such a good price. Currently, the seller is also giving an upgrade from normal brush to combo brush to its online buyers, and an upgrade from normal filter to HEPA filter to buyers who reviewed and rated the Neato product at the e-Commerce website where it was bought.

EPF declared 5.70% dividend for 2016

The Employees Provident Fund (EPF, a.k.a. KWSP) has just declared the dividend rate for financial year 2016 to be 5.70%, which is 11% lower than the 6.40% dividend declared for 2015 (last year).

Calculation: (5.70-6.40)/6.40 = -0.70/6.40 = -11%

This is the 2nd year of dividend decline since the historical highest dividend payout of 6.75% declared for 2014.

If you have already registered as an EPF i-Akaun member to access your EPF account detail with their online service, you can login to your online account now and check the actual amount of dividend in RM added to your EPF account by viewing your 2016 online statement.

With this dividend rate, it seems that those who have withdrawn their EPF Account II savings to reduce their housing loan during 2016 might be regreted to do so, as the effective mortgage rate is generally lower than 5.70% in 2016, due to a lower housing loan financing rate along the year (around 4.35% offered by most banks).

If you have withdrawn your EPF Account I savings for investment in unit trust or fund, your fund manager has outperformed EPF if your 2016 ROI in the fund is greater than 5.70%. Otherwise, you might want to meet up with your unit trust agent or fund manager to find out what's wrong.

Note that in 2016, EPF has recognized a net impairment amounting of RM8.17 billion, compared with RM3.07 billion in 2015 to reflect lower equity prices (meaning, paper lost in share market)!

If you had gain money (had positive return) in share market during 2016, you were indeed doing better than the fund managers of EPF in share market investing.

myFreeview digital TV by MYTV has come and end of analog TV in Malaysia by 2018

If you have a television at your home in Malaysia and you are watching the free analog TV programmes (TV1, TV2, TV3, NTV7, 8TV, 9TV, ...) without subscribing to Astro satelite TV or HyppTV broadband TV, you must be aware that there will be no more analog signal broadcasting to your television from 2018 onwards.

In other words, your television will be unable to show any channel and will be pretty useless by 2018, unless you perform either one or more of the following actions:

• Get a MYTV digital terrestrial television (DTTV) decoder box (DVB-T2 receiver) to receive the myFreeview digital TV programmes using your existing UHF aerial and send the DTTV signal to your television via HTMI cable or other compatible signal cables.
• Buy a new television with built in DTTV decoder, certified by MCMC. This kind of television is called integrated digital television (IDTV) and will have a SIRIM approved DTTV sticker on it, which looks like the logo below. You can connect it directly to your existing UHF aerial to watch the TV programmes.

• Just forget about myFreeview and subscribe to alternatives such as Astro (including Astro NJOI) or HyppTV. 
• Buy an Internet TV box such as HiMedia to stream TV programmes using the Internet.

The existing free channels (TV1, TV2, TV3, NTV7, 8TV, 9TV, ...) are still free in myFreeview DTTV service. In future, there might be additional payable channels.

Under this DTTV initiative, the Malaysia government is giving away free decoder box to 2 million eligible families. The free decoder will be sent to them via Poslaju service.

The eligibility criteria for the free MYTV decoder box is:

• Must be registered BR1M beneficiary in 2016.
• Fall within the B40 income group.
• Address is within the initial DTTV broadcast coverage area.

In fact, you can click on this link to check for your eligibility to receive this free MYTV decoder box.

Another way of checking is by sending SMS to 15888 with the following content: "MYTV DEKODER ".

The benefits for you to use myFreeview include:

• Continue to watch the free TV channels after 2017.
• There will be more upcoming TV channels available.
• Better quality of picture and audio in digital format. HDTV is possible.
• Personal video recording functions using the MYTV decoder box sold in the market.

The benefits for the Malaysia government to switch over from analog to DTTV:

• The 700Mhz band currently occupied by the analog TV broadcasting will be freed up in 2018. This band can be reallocated for mobile LTE (4G & 5G) services.
• It is easier to track your TV watching behaviour and pattern using the digital box, perhaps for big data analysis.

The benefits for Syed Mokhtar al-Bukhary in this initiative:

• His company Puncak Semangat Sdn Bhd got the 15-years contract to operate MYTV.

You might be interested to...

• Click here for more information about myFreeview digital TV broadcast service.
• Click here for more information about Astro NJOI free satelite digital TV broadcast service.

TM UniFi free bandwidth upgrade 2017

Under budget 2017, the Malaysian govenment has initiated a move to increase the broadband Internet speed in the country while reducing the broadband subscription fee.

Following the budget announcement in October 2016, broadband service providers in Malaysia, both wired and wireless, have respectively announced their bandwidth increment and/or price reduction plans.

For domestic TM UniFi and Streamyx users, TM has promised to provide free upgrade to existing bandwidth subscribed by their users, at no additional cost. Now, this has come to reality!

If you are existing domestic TM UniFi or Streamyx user, you can check for the free Internet speed upgrade detail of your subscription with this webpage:

https://www.tm.com.my/thankyousurprise/

In general, if your existing UniFi package is 30 Mbps, you will be upgraded to 50 Mbps, at the same subscription fee as before, and all the components in your package remains the same except for the increase in bandwidth. If your existing UniFi package is 50 Mbps, you will get 100 Mbps after the upgrade.

This bandwidth upgrade exercise is called the "TM Thank You Surprise Free Speed Upgrade Campaign".

Eligible TM broadband customers will receive email and/or SMS about this campaign, together with the link above. If you have not received the message from TM, you can still click on the above link to check for your eligibility.

To accept this offer, you need to visit to the above link, and fill in your basic personal details.

Before filling up the online form and giving out your personal detail, it is always advisable for you to check for the validity of the website's SSL certificate to ensure the website you visited is genuine.

If you are using Google Chrome browser, click on the word "Secure" with lock icon at the left of the URL address bar, then click "Details" under "Secure connection", then click the "View certificate" button.

If you are using Internet Explorer browser, click on the lock icon (security report) at the right of the URL address bar, then click "View certificates".

You should then be able to see that the SSL certificate of the website is issued to www.tm.com.my and the expiry date is in the future.

After submitting your details which include your UniFi phone number, the screen will show you your eligible upgrade. You can then choose to accept or decline the upgrade offer.

Note:

• If you declined the offer, nothing will happen. You will continue to pay your UniFi subscription fee at same amount, and your bandwidth remains the same as before. All the components in your package: voice calls, HyppTV, TM WiFi, ... remains the same.
• If you accepted the offer, your bandwidth will be upgraded in a future date (before July 2017). Your subscription fee remains the same as before the upgrade, and all the components in your package: voice calls, HyppTV, TM WiFi, ... remains the same.
• If you do not indicate accept or decline, I'm not sure it will default to which option. Most likely it will default to declined.

Important: if you wish to accept this offer, you need to click on the Accept button in the website latest by 31 January 2017.

According to TM, once your bandwidth is successfully upgraded, you will be informed by email and/or SMS. You will need to reboot your modem or CPE equipment for the new bandwidth to take effect.

Malaysia schools festival holidays in 2017 (Chinese New Year, Hari Raya Aidilfitri & Deepavali)

Here are the Malaysia schools' festival holidays in 2017 for Chinese New Year, Hari Raya Aidilfitri and Deepavali, as announced by Ministry of Education (a.k.a. Kementerian Pendidikan Malaysia, KPM).

Note that individual school can apply for additional off days  during these festival holidays period, which might subject to having replacement class for the additional off days applied.

The 2017 festival holidays for schools in Group B, which weekends fall on Saturday and Sunday, is as follow:

The 2017 festival holidays for schools in Group A, which weekends fall on Friday and Saturday, is as follow:

For your knowledge and information:

• Chinese New Year falls on the first day of the first month of a new Chinese lunar calendar year.
• Hari Raya Aidilfitri (a.k.a. Hari Raya Puasa) falls on the first day in Shawwal (the 10th month in Islamic calendar year) after the last fasting month of Ramadan (the 9th month in Islamic calendar year).
• Deepavali celebrated in South-India, which followed by the Indian race in Malaysia and Singapore, falls on Ashvina Krishna Chaturdasi which is the lunar day before the new moon (Amavasya) in the Hindu lunisolar calendar. The date is between mid-October to mid-November every year.

Top 30 property developers in The Edge Malaysia Property Excellence Awards 2016

The Edge Malaysia has just announced the Top 10 winners in their Property Excellence Awards 2016, which are:

• SP Setia Bhd
• IJM Land Bhd
• Sunway Bhd
• Sime Darby Property Bhd
• Mah Sing Group Bhd
• Eco World Development Group Bhd
• UOA Development Bhd
• Gamuda Bhd - Property Division
• IGB Corp Bhd
• UEM Sunrise Bhd

Following the Top 10 winners above, the subsequent Top 11-30 are:

• IOI Properties Group Bhd
• Tropicana Corp Bhd
• Eastern & Oriental Bhd
• Paramount Corp Bhd
• MKH Bhd
• WCT Land Sdn Bhd
• Selangor Dredging Bhd
• OSK Holdings Bhd
• Glomac Bhd
• Malaysian Resources Corp Bhd
• KSL Holdings Bhd
• Wing Tai Malaysia Bhd
• Matrix Concepts Holding Bhd
• TA Global Bhd
• Sunsuria Bhd
• YTL Land & Development Bhd
• Guocoland (Malaysia) Bhd
• Hua Yang Bhd
• SHL Consolidated Bhd
• I-Bhd

On top of that, Tan Sri FD Mansor and Datuk Richard Fong, both from Glomac Bhd, won the Outstanding Property Entrepreneur Award 2016.

UniFi goodies: Switch to HyppTV Ruby Pack at no additional cost and get RM30 AEON Shopping Voucher

Today, I've received an email from TM Takeout with their HyppTV Mooncake Festival Ruby Pack Migration Campaign 2016 promotion as follow:

I have carefully checked the sender's email. It is not a scam and is really sent out from TM email server.

I clicked on the link and checked the URL of the webpage opened by the link. It is an HTTPS secured webpage, with valid SSL certificate issued by Entrust CA.

So, it is real!

I then checked on the Terms and Conditions that I need to agree in order to accept the offer.

The Terms and Conditions states that:

• The Campaign starts from 1 September 2016 until 15 September 2016.
• Only eligible to existing HyppTV subscribers of Aneka or Varnam Pack.
• The migration to Ruby Pack is free of charge, and there will be no additional monthly charge as long as the migration was done within this campaign period.
• Subscribers who have done the migration within this campaign period are eligible to receive a HyppTV Moon Cake Festival AEON shopping voucher worth RM30.

Its too good to be true as there is nothing to lose for the subscriber to accept the migration offer, and at the same time can get a RM30 voucher too.

Normally, the Ruby pack is RM10/month more expensive than the Aneka and Varnam pack for TM UniFi subscribers.

The Ruby pack consists of Chinese channels including tvN HD, Channel [V] Taiwan, now Baugu Movies, now Chinese Drama, now Jelli HD, Red by HBO, SCM, SCM Legend HD, SETI, Star Chinese Channel and TVB8.

So, if you also received this offer email from TM Takeout, think carefully first before trash it away. If you haven't received it, you might probably want to find it in your spam folder, or call 100 to find out from TM about your eligibility.

OCBC Bank launched open API for developers to integrate apps with their open data

In line with Singapore Government's Smart Nation Initiative and the Monetary Authority of Singapore's vision to create a Smart Financial Centre and move toward an open API architecture, OCBC Bank has on 17 May 2016 launched their open Application Programming Interface (API) platform, namely CONNECT2OCBC,  that allows software developers to integrate their apps or websites with OCBC's open data related to their products and services.

OCBC claims to be the first in Southeast Asia to introduce such open API service, playing a bigger role in growing the FinTech ecosystem.

For a start, 4 APIs are made available:

• Branch Locator provides a list of OCBC Bank branches with their respective location details and operating hours.
• Credit Card Advisor provides credit card suggestions based on user's lifestyle.
• ATM Locator provides a list of OCBC Bank ATMs with their location details to facilitate users in finding them.
• Forex provides a list of updated currency exchange rates by OCBC, allowing the integrated apps to perform calculations across currencies.

Although these 4 APIs looks limited, it is deemed as a good start. Hopefully more APIs will be made available for broader and deeper usage in the near future.

Click here for more information about the CONNECT2OCBC APIs.

Besides, OCBC has also established a new business unit called The Open Vault @ OCBC, which is a FinTech innovation center aimed to incubate FinTech startups, helping them make products and services that the bank can add to its digital banking arsenal or bring to the market.

The 5 areas of interest of Open Vault @ OCBC are:

• Wealth management
• Credit and financing
• Insurance
• Cyber security
• Artificial intelligence

The center has partnered with Hong Kong venture capital firm Nest to run the OCBC FinTech Accelerator incubation program to provide selected start-ups with business and technical expertise mentorship.

U Mobile attacked competitors again with free video streaming on top of existing data quota

If you have a smartphone or tablet attached with U Mobile postpaid and prepaid service, and you have been using it to watch online videos, here is a good news to you.

U Mobile has just launched their Video-Onz service, providing free additional quota on top of existing data plan for you to watch videos using the apps from the following 12 providers:

• YouTube
• YouTube Gaming
• Youku Tudou
• iflix
• Astro on the Go
• HyppTV Everywhere
• Viu
• Eros Now
• tonton
• Herotalkies
• ONFM
• Pocketimes

This mean that when you are watching videos with these apps, you are given additional quota on top of your existing Internet data quota for the video streaming, for free by U Mobile under the Video-Onz service.

The monthly allocation of the free Video-Onz video streaming quota on top of the existing Internet data quota of various U Mobile postpaid and prepaid plans is as below:

There is no Video-Onz quota imposed for P70, i90 and i130 postpaid plans, meanings you can watch videos or movies with the above 12 video streaming apps as much as you wish, as there is unlimited Video-Onz data for these plans. 

Nowadays U Mobile marketing is really aggressive in capturing the market share by providing competitive package that really can shake and disrupt its competitors, which is a good news for all mobile consumers in Malaysia.

Let's see what will Celcom and Digi offer to counter attack this. Maxis? Maybe their customers need to cry and scream and swear for another time again for them to finally react.

Meanwhile, the P1 (now known as Webe) under TM has been making a lot of hoo-haa recently, but until today the general public is still unclear about what they are going to offer to join this intensified competition.

Earth Day and the story of bottled water

We've just celebrated our Earth Day on 22nd April. This event has once again brought some world attention to the story of bottled water, with a video produced back in 2010.

Here is the video, which has been viewed over 4.7 millions time in YouTube:

So, what's wrong with the bottled water? It is a multi-billion business, sold 290 billion liters in 2014 and expected to continue growing at a CAGR of around 8.5% between 2015 and 2020.

Well, we are told that about half of the bottled water is sourced from tap water, and priced a few hundreds time the price of tap water. It is expensive, sometimes even more expensive than petrol.

Another half is sourced from underground or spring water. What will be the impact to the environment when millions of gallons of water is extracted away 24x7 everyday? Will it change the soil moisture, deplete the wetlands and narrow out the rivers? Will it in turn affect the surrounding ecology, and the aquaculture and agriculture condition?

Anyhow, the main issue is more on the plastic bottle itself than the water contained in it. In order to manufacture the plastic bottle, millions barrels of fossil fuel is consumed, and another millions tonnes of carbon dioxide is generated.

Each year, more than 4 billion pounds of PET plastic bottles end up in landfills or as roadside litter, or worse still, floating in the sea endangering the birds, fishes and other ocean animals. Only less than 20% of plastic the water bottles are actually recycled.
In the United States of America, selling of bottled water is banned in more and more schools and colleges, and even parks.

Therefore, to save our earth and its environment, we should only drink bottled water when necessary, and not to substitute our daily drinking water with it. We should resume our traditional way of drinking filtered or boiled tap water, and use reusable water container to carry some water with us for outdoor drinking.

Negative interest rate - get paid from borrowing and get charged from saving

If you think that you can earn some interest by depositing your money in bank, and you will be charged with interest for borrowing money from bank, you have to reverse your mind-set in certain places that are having negative interest rate policy now.

I'm not kidding. The European Central Banks (ECB), Switzerland, Denmark, Sweden are already having negative interest rate for quite some times. Lately, Japan has joint the league too!

(Chart produced by Toronto Star)

The ECB started this game by charging banks that hold their cash overnight and at the same time offering a premium to banks that borrow in order to extend more loans.

During economic uncertainty time, people tend to be conservative with spending and/or investing and more keen to hoard money in their bank accounts. They are willing to do so even with zero interest rate. This brings the danger of deflation, and as an extreme measure to counter this situation, the banks started to "punish" people that keep money in their bank accounts by charging interest instead of giving interest, and to encourage people to take up loan for business and investment activities by giving interest instead of charging interest.

When this negative interest situation occurs, the traditionally safe havens to put your money, namely bank deposit and bond market, will become the places that most likely cause you to lose money. Yes, fixed deposit is dangerous, bond market is dangerous, because your money will go down the drain if you put it there, in the era of negative interest rate.

However, this measure doesn't seem to be effective to stimulate the economy, as people there are still very cautious and tend to hoard with their money. With the negative interest rate, they are forced to take out their money from bank deposit account, and then they are keeping the money in their drawer or safe instead of spending it. (Reuters: Negative ECB rates fuel demand for safe deposit boxes, German banks say)

The impose of negative interest rate in Eurozone and Japan has shown unfavourable sign of worldwide economy. What will be next after quantitative easing and negative interest rate? If there is no more option ahead, we can foresee a huge economic catastrophe forming and will hit all of us at anytime.

Are you prepared for it? And the question is: how to get prepared for it?

Ambidio - new audio technology that enables normal speaker to play super immersive surround sound that beats high-end 7.2 speakers

Ambidio is a new start-up in Los-Angeles founded by 29 years old Taiwanese girl Iris Wu and her friends, specialized in revolutionary sound technology. The company is backed by multiple-times Grammy award-winning artist will.i.am, and private investment arm of Hong Kong tycoon Li Ka-Shing - Horizons Ventures.

So, what's so special about this Ambidio technology? Well, it brings a high quality, immersive sound experience by just using computer software technology, which can instantly enable normal low-end speaker (preferably stereo) to play sound with effect of the standard as produced by expensive high-end surround sound systems.

Ambidio offers a new way for people to experience sound. It has a range that is at least 3 times wider than conventional methods that simulates three dimensional sound, using traditional speakers and headphones, allowing for a fully immersive experience.

Don't believe me? You can try yourself with this demo video provided by Ambidio, using your low-end speaker, and tell me what you think after listening to this 1 minute demonstration.

Ambidio has enlisted Lucasfilm’s Skywalker Sound, which has been redefining immersive sound for nearly 4 decades for film, TV and videogames, as a strategic advisor to assist with Ambidio's technology and creative development.

“Technology is transforming the way we experience music and, as an artist and producer, I’m always looking to what’s next – where the innovation is. Ambidio brings music to life through immersive sound, giving people a chance to experience music in a whole new way,” says will.i.am of his involvement.

The idea came about while music lover Iris Wu was attending graduate school at New York University, and was trying to create a quality listening experience but was dissatisfied with the results due to living in a small New York City apartment. She began experimenting with sound engineering through code rather than hardware and Ambidio’s technology began to take shape.

“The brain is a powerful mechanism that can interpret the directional origin of different sounds in everyday life,” says Iris, “however, when consuming content on a device, such as a laptop, sound consistently comes from a fixed point – the front.”

Ambidio made it by treating our brain as a decoder and creates a continuous sound field with a sense of depth and dimension. It creates an immersive sound experience using only stereo speakers by inserting common cues into audio files that the brain then uses to identify and perceive where different sounds within the audio stream would have come from. Essentially, our brains process the sound the way it does in everyday life.

We look forward for Ambidio to disrupt the entire audio industry.

Malaysian credit and debit cards are evoluting from signature based to PIN and Pay

You might be aware that credit and debit cards issued by banks and financial institutions in Malaysia are gradually changing from the traditional signature based to the new PIN and Pay system.

With the introduction of this new system, cardholders will receive a new card that support PIN and Pay latest by mid-2017, and after that, signature will no longer be accepted to authorize your card payment at the merchants Point-of-Sale (POS) terminal. Instead, you are required to key in a 6 digit PIN at the device to authorize the payment transaction.

The use of 6 digit PIN is similar to the way you use your ATM card to login to the bank's ATM machine.

(Photo by iStock)

This evolution is aimed to protect against fraud due to lost or stolen cards, as the card and the PIN are required to make a payment at the terminal.

All card issuers in Malaysia are required by Bank Negara Malaysia to upgrade payment cards to PIN and Pay type. Your card issuer will decline your old signature card 3 months after issuing you a new PIN card or after you are notified to collect your new PIN card from the branch.

Note that PIN and Pay is NOT applicable to Internet payment transaction and over the phone payment transaction. You should NOT disclose your PIN over the Internet or over the phone. Internet payment is still verified by CVV number as usual, and there is no change to it.

Click here for more information about the PIN and Pay system.