Mr Lee Kuan Yew, 1923 - 2015

Msmoneysense shares the grief of the nation at the passing of our Founding Father, Mr. Lee Kuan Yew.

He has dedicated his entire life to the task of nation-building that shaped Singapore’s history, turning it from a trading entrepot into the successful cosmopolitan city that it is today.

 He built up a strong defence capability to protect our sovereignty, a vibrant economy which created good jobs, a sound education system and excellent infrastructure, housing and environment. Singapore's GDP was $500 when he took over in 1965 and now it boasts a GDP of $55,000, surpassing even some other developed nations and is the envy of many. Even though Singapore had no natural resources and did not have Malaysia as hinterland, he transformed Singapore from a Third World to First World country through his unwavering determination and leadership in less than a generation.

His contributions and sacrifices will always be valued dearly by all Singaporeans.  It is his far-sighted vision, astute political judgement and strategy that laid a strong foundation for Singapore’s success. His forthrightness and intellect won Singapore many friends and allies internationally. 

This achievement has indeed enhanced the lives of many Singaporeans where we can live in racial harmony, sharing in the prosperity of the nation, and having equal and ample opportunities to pursue a fulfilling future regardless of race, language or religion. His contributions and legacy will be enduring.


We will long remember and honour Mr Lee for his many contributions. His passing is a great loss to the nation and to every Singaporean. In the year that we will be celebrating Singapore's 50 years of nation building, it will be especially poignant that he is no longer around. He will be dearly missed by all Singaporeans.


Let us carry on his legacy and continue to fly the Singapore flag high.

Standard Chartered ‘Invest or Insure’ Campaign

Be richly rewarded when you invest or insure with Standard Chartered from now to 30 June 2015.
Insure and earn 8% p.a. interest on a 3-month SGD Time Deposit (up to a maximum deposit of S$20,000) with Standard Chartered Priority Banking.

Eligibility	Earn
Take up a Prudential insurance plan with a minimum monthly premium of S$800	8% p.a interest on a 3-month SGD Time Deposit

Eligibility	Rewards
Every S$150,000 fresh funds invested in eligible products	S$250 worth of Takashimaya shopping vouchers (up to S$1,000)

Welcome Gift for New Priority Customers                 
Plus receive additional S$200 worth of shopping vouchers, exclusive rewards and Priority Banking Visa Infinite privileges when you start a Priority Banking relationship with us today.


Please refer to the website for more details.

ANZ Time Deposit Promotion

Enjoy attractive interest of 1.50% p.a. upfront with ANZ Time Deposit.

Placement Amount	11-Month ANZ Instant Interest Time Deposit Interest Rate
SGD150,000 and above	1.50% p.a.
Below SGD150,000	0.90% p.a.

Promotion is valid until 31 March 2015.


Please refer to the website for more details.

Citibank InterestPlus Savings Account Promotion

Citibank is offering up to 3.5% p.a. bonus interest on the first S$50,000 in your account if you insure, invest, spend and borrow with them.

1) Insure and earn 1.2% p.a. bonus interest
If you insure with S$250 per month for 12 months or single premium of S$25,000

2) Invest and earn 1.2% p.a. bonus interest
If you invest S$250 per month for 12 months on a regular savings plan or lump sum of S$25,000 in unit trusts

3) Spend and earn 0.1% p.a. bonus interest
If you spend S$25 on your Citibank Credit Card

4) Borrow and earn 1% p.a. bonus interest
If you take up a Citibank home loan of at least S$250,000

From now till 31 Dec 2015, receive S$200 Takashimaya shopping vouchers if you open an account and fund it with S$50,000 and complete a Personal Financial Report and Investment Risk Profile with a Personal Banker. If you fund it with S$10,000, you can receive S$20 Takashimaya shopping vouchers as a Welcome gift.

Plus, apply for 2 Credit Cards to get a free cabin-sized luggage.


Bonus interest is paid:

• Over a 12 month period for investment and insurance
• Every month whenever you spend S$25
• On the first S$50,000 in your account
• On top of your base interest

Continue to earn the bonus interest for the next 12-month period if you take up another insurance or investment.


Please refer to the website for more details.

HSBC 6-Month and 12-Month Time Deposit Promotion

Enjoy up to 1.35% p.a.* on a 6-month SGD time deposit and attractive rewards* worth up to S$450 and more.

Time Deposit Option	New and Existing	New and Existing
(SGD)	HSBC Premier Customers	HSBC Advance Customers
6-month	1.35% p.a.	1.30% p.a.

The minimum and maximum fresh funds placement amounts for the SGD TMD Promotion are S$30,000 and S$1,500,000 respectively. For placement amount greater than S$1,500,000, please contact either HSBC or your Relationship Manager.

Minimum placement amount in fresh funds	Rewards+
S$200,000	S$50 Dairy Farm shopping vouchers
S$500,000	S$150 Dairy Farm shopping vouchers
S$1,000,000	S$450 Dairy Farm shopping vouchers

Time Deposit Option	New and Existing	New and Existing
(SGD)	HSBC Premier Customers	HSBC Advance Customers
12-month	1.40% p.a.	1.35% p.a.

Minimum placement amount in fresh funds	Rewards+
S$200,000	S$80 Dairy Farm shopping vouchers
S$500,000	S$250 Dairy Farm shopping vouchers
S$1,000,000	S$650 Dairy Farm shopping vouchers

+ Only HSBC Premier customers residing in Singapore who place minimum fresh funds of S$200,000 in a new 6-month or 12-month SGD TMD during the Promotional Period are eligible to receive Dairy Farm shopping vouchers.


Promotion is valid till 31 March 2015.


Please refer to the website for more details.

Bank of China (BOC) Time Deposits PLUS Promotion

Enjoy high interest rates for fresh funds with Bank of China on SGD and RMB Time Deposits with tenors of 6 to 15 months.


For SGD Time Deposits

Tenor	Promotional Rates for SGD (p.a.)
	First Cycle	Second Cycle
3 + 3 months	1.64%	1.68%
3 + 6 months	1.64%	1.70%
3 + 9 months	1.64%	1.74%
6 + 9 months	1.68%	1.76%

For RMB Time Deposits

Tenor	Promotional Rates for RMB (p.a.)
	First Cycle	Second Cycle
3 + 3 months	3.70%	3.85%
3 + 6 months	3.70%	4.00%
3 + 9 months	3.70%	4.10%
6 + 9 months	3.78%	4.25%

Promotion is valid till 31 March 2015.


Please refer to the website for more details.

Bank of China (BOC) Time Deposit Promotion

Enjoy high interest rates on time deposits only for new or existing Prestigious Wealth Management Unit (“PWMU”) clients with fresh funds no less than SGD1,000,000 in Singapore dollars currency.

Currencies	SGD	USD	RMB
Promotional rates*-%p.a.	1.60%	1.25%	3.78%
Tenor	12-month	6-month	6-month
Min Deposit Amount (SGD)	1,000,000	250,000	10,000

Welcome Gift
New PWMU clients can enjoy attractive rates and receive S$500 Takashimaya Shopping Vouchers at the same time.


Promotion is valid till 31 March 2015.


Please refer to the website for more details.