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ask ocbc

July — September 2010

about ideas for living well today

What’s The
Real Deal
Experts share their
views for 2nd half 2010

Brought to you by

3 What’s The Real Deal?

Experts share their views for 2nd
half 2010
Sizing Up The HDB

What lies ahead for HDB flat

his issue, we celebrate life. Whether it’s exploring
the Himalayas or doing something sweet and
The A-Zs To Celebrating

26 simple pleasures that make life
surprising for a loved one, it’s all about embracing
life and living it to the fullest!
An essential part of being able to accomplish what
more enjoyable
you desire in life is being financially prepared. If you are
  invested and wondering what’s happening in today’s
The Wheel Of Life
Live life with peace of mind when
you’re protected
volatile market, read on and gain some market insights
from Vasu Menon, our resident wealth management
expert who spoke to 19 fund managers for their investment
  outlook views for the second half of 2010.
Is the 60s the new 50s?
Who says you can’t have fun as
you grow old
Check out our new section ‘Dreams SpaceTM’ for
the latest happenings on the Dreams SpaceTM page
on Facebook. Don’t miss out on the fun, find us on
  Facebook and be a fan today! We promise exciting regular
Dreams Space™
promotions, contests and surprise giveaways.
` Share your dreams, connect with Don’t forget to take time out from your busy schedule.
others & get fun giveaways! Have some well-deserved ‘me-time’ or spend a great day
  with your family and kids. We have loads of exclusive

enjoy Boosting Your Child’s OCBC Cards offers and activities packed within. In ‘Arts


As simple as ABC
Vibes’, we feature 2 local blockbuster musicals while Chef’s
Corner offers yummy treats to feast  on.  Plus read up on
Wonder World
the amazing exotic wonders of South America.
  Desiring for more fun? Turn to ‘The Ultimate Weekend
Pack your bags & let’s jet off to
And This Is How
South America

We Did It
Find out how you can start your
Guide’ and you’ll not be short of fabulous ideas to spend
the weekends.
Chef’s Corner

Indulge in your
‘Appetite For Life’
family financial planning Have fun and & celebrate life!

14 Time Travel With

  Mighty Savers™
21 Food Notes
Celebrate Mid Autumn with
exclusive offers
Gear up for adventures ahead

Find Us!
  The Ultimate
22 Weekend Guide
Bumper list of weekend fun &
fabulous deals
Congratulations to our 3 winners from the Ask
OCBC April – June 2010 ‘Count the Happy

16 Make A Date
Activities for everyone
Faces’ contest who won an iPod nano each!

1) Mark Tan Kian Heng SXXXX190I

Co. Reg. No: 193200032W, MICA (P) 122/02/2010

2) Christina d/o Christy Fernandez SXXXX740G
3) Ma Ai Win Phyu GXXXX234K

Correct answer: 40
Arts Vibes
Feast on Fried Rice Paradise &
experience December Rains

Back Cover Image: getty images

What’s the
real deal?
We polled 19 fund managers for their investment outlook views
for the second half of this year.

Growth momentum could Silver lining seen in U.S. and

weaken in the second half emerging market economies
Vasu Menon Although fund managers are now more optimistic Despite concerns about Europe, some fund managers
Vice President, about the economy compared to 6 months ago, they are more positive about the U.S. economy and
Wealth Management are concerned that the momentum could ease in the emerging markets.
coming months as government stimulus wanes. Blackrock Investment Management for example,
The uncertain prospects for the global economy in says that the recovery in the U.S. and emerging
the second half coupled with other headwinds are likely markets is playing out much better than expected, with
Fund houses polled: to keep investors jittery. the strong private sector performances sustaining the
Aberdeen Asset Management, Lion Global Investors cautions that markets are recovery.
Allianz Global Investors, APS Asset likely to remain volatile until such a time as economic Templeton Asset Management is also optimistic
Management, Aviva Investors, data becomes clearer, especially with respect to U.S. that the recovery in emerging markets is sustainable in
Blackrock Investment Management, employment trends and credit worthiness among view of their strong fundamentals.
BNP Paribas Investment Partners, DBS European markets.
Asset Management, Deutsche Asset Allianz Global Investors observes that the leading Still positive on equities in the
Management, Fidelity International, indicators have started to roll over not only in medium to long term
First State Investments, developed but also emerging markets. Despite the recent turbulent stock markets, most fund
Henderson Global Investors, ING Fidelity International says it recently turned more managers stay positive in their outlook for equities in
Investment Management, Lion Global cautious as the global inventory rebuild is in an advanced the medium to long term, making it their preferred
Investors, Phillip Capital Management, stage and leading indicators are either at peak readings asset class at this point.
Prudential Asset Management, Schroder or rolling over. UBS Global Asset Management says that although
Investment Management, Templeton equity markets have rallied last year, both developed
Asset Management Ltd, UBS Global and emerging market equities are still attractive from a
Asset Management and UOB Asset valuation perspective.
Management. Schroder Investment Management sees the
prolonged period of low interest rates and the recovery
in corporate profits over the coming months as bearing
positive effects for equity markets.
Henderson Global Investors is also positive here
because investors are still relatively cautious and
underexposed to equities. It also sees inflation rising
in the medium term, which should favour corporate
Deutsche Asset Management however, cautions
that current equity returns may not be as strong as
last year, and views dividends as an important part of
investment returns.
Photo: getty images

www.askocbc.com 3

Equity markets favoured by fund managers Learn

Lion Global is positive on Asia ex-Japan markets for the long term, given the sound economic foundation Financial Speak
and wealth creation throughout the region. Made Easy
Aberdeen Asset Management also favours Asia and emerging markets because it believes in the Leading indicators
long-run structural improvement of emerging economies and the performance of their markets. Refer to economic data or other indicators that can help to
ING Investment Management prefers emerging markets as it sees its growth as predict future economic trends.
being the highest and most sustainable. Also, it says that sovereign debt worries are mainly from
developed markets and less of a concern in emerging markets. rolling over
Phillip Capital Management said it is becoming increasingly bullish on Japan, which is attractively In context of the article, it implies that leading indicators which
valued after ‘two lost decades’. Japan is also taking advantage of strong growth in emerging predict the direction of the economy appear to have peaked
markets, especially in infrastructure spending. and are now starting to show signs of weakness.

Asian markets preferred cyclical consumer EXPOSURE

Interestingly, many fund managers are positive on Chinese equities, which have corrected sharply Used in reference to Singapore and Taiwan where consumers are
likely to spend more if the global economic cycle turns favourable.
during the first half of 2010, despite market concerns about China.
BNP Paribas Investment Partners sees the Chinese market bottoming and said that it may exit its
consolidation phase in the coming months.
First State Investments says that China offers investment opportunities in a number of growth Investment
companies with strong balance sheets and a good franchise. Looking to invest in Basket

Elsewhere, Aviva Investors favours trade-oriented markets like Singapore and Taiwan which also today’s volatile market?
offers significant cyclical consumer exposure.
Prudential is positive on South Korea due to its relative valuations, competitive currency and global Here are two investment opportunities:
cyclical leverage. It is also positive on Indonesia due to the country’s structural economic improvements. • OCBC Smart Investment Programme (SIP) for Premier
Banking Customers
Selective opportunities seen in bond markets OCBC SIP is a systematic investment technique which lets you
Although most fund managers seem to prefer equities and riskier assets at this point, some of them see invest without timing the markets. In a falling market, it helps
selective opportunities in bond markets especially Asian credits and high-yield corporate bonds. to lower the cost of your investment and potentially cushions
against market volatility. You’ll also get a 1.5% cash rebate
Mixed outlook for commodities when the programme completes.
Fund managers offer a mixed outlook for commodity markets in the short
Formore details, speak to your Relationship Manager
term. Some are positive on base metals and precious metals like gold
due to strong demand, while others are cautious about agricultural
Read the full
commodities and oil, due to supply factors. • LionGlobal Asia Bond Fund
article and the Participate in Asia’s stronger growth potential today with
the real deal rest of the fund LionGlobal Asia Bond Fund and capitalise on the diversity &
Overall, while fund managers are positive on equities and see selective managers’ views on stability of bonds.
opportunities in other areas, they warn investors not to throw caution www.askocbc.com
to the wind. Periodic investments and diversification are strategies for For details, visit any OCBC branch, call 1800 438 6088
investors to consider, especially in the current volatile markets. or log onto www.ocbc.com/wealth

Vasu Says
Q: Are you waiting in vain? Does the buy & hold strategy still makes sense?
The extreme volatility in global stock markets over the past 3 years has raised questions about the wisdom of a buy
& hold investment strategy, epitomised by one of the world’s best investors, Warren Buffett.
Despite market uncertainties, we think that there is still a role for strategic or long term investments in one’s
portfolio. Time increases the probability of achieving better returns, but it is not a guarantee. Even if you start
investing with a long term view of 5 years, it does not mean that you have to stay invested for the full period.
This is where many investors get it wrong with the buy & hold strategy. They set off investing for the long term,
with a certain return in mind, but they do not take profit once their target is achieved as they get overcome by greed
and seek more gains.
In other words, buy & hold until your investment meets your targeted return. Once your target is met, be
disciplined about selling and locking in your profit. If you do not, it could wither away if markets experience a
downturn subsequently.

Have a question about the financial markets? Ask Vasu at www.askocbc.com today.

Important Information:
Any opinions or views of third parties expressed in this material are those of the third parties identified, and not those of OCBC Bank. The information provided herein is intended for general circulation and/or discussion purposes only. It does not take into account the specific investment objectives,
Photo: getty images

financial situation or particular needs of any particular person. Without prejudice to the generality of the foregoing, please seek advice from a financial adviser regarding the suitability of any investment product taking into account your specific investment objectives, financial situation or particular
needs before you make a commitment to purchase the investment product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you. This does not constitute an offer or solicitation to buy or sell or subscribe for any
security or financial instrument or to enter into a transaction or to participate in any particular trading or investment strategy. OCBC Bank, Singapore Island Bank and its respective associated and connected corporations together with their respective directors and officers may have or take positions in
the securities mentioned inthis report and may also perform or seek to perform broking and other investment or securities related services for the corporations whose securities are mentioned in this report as well as other parties generally. No representation or warranty whatsoever (including without
limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) provided herein is given by OCBC Bank and it should not be relied upon as such.
OCBC Bank does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information presented is subject to change without notice. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly
or indirectly howsoever in connection with or as a result of any person acting on any information provided herein. The information provided herein may contain projections or other forward looking statement regarding future events or future performance of countries, assets, markets or companies.
Actual events or results may differ materially. Past performance figures are not necessarily indicative of future or likely performance. Any reference to any specific company, financial product or asset class in whatever way is used for illustrative purposes only and does not constitute a recommendation
on the same. The contents hereof are considered proprietary information and may not be reproduced or disseminated in whole or in part without OCBC Bank’s written consent.

Sizing up the
HDB market What lies in store for HDB flat owners
in 2010? We ask two experts to share
their views.
Q: How much has HDB home prices appreciated since mid 2009?
CHOR HOON: According to HDB’s price index, average HDB resale prices have
increased by 10.6% between Q3 2009 to Q1 2010, with 3-room flats seeing a
steeper increase of 13% compared to 9 – 11% for bigger flats.
EUGENE: Since mid 2009, HDB home prices have appreciated by about 11% in

Q: What is the historical trend of Cash Over Valuation (COV)?

CHOR HOON: Since Q2 2009, the COV has been on the uptrend. The overall
median COV was only S$3,000 in Q2 2009 and has since risen 8-fold in the second
half of 2009 to S$24,000. The increase slowed down significantly in Q1 this year
with the median COV stabilising at S$25,000.
EUGENE: COV has stabilised around the current median of S$22,000 for 3-room
resale flats, S$25,000 for 4-room; S$28,000 for 5-room; and S$30,000 for
Executive flats.

Q: Which areas of Singapore do HDB flats command the highest resale

EUGENE: HDB flats that are located nearest to town command the highest resale
value like Queenstown and Bukit Merah. Marine Parade also commands a premium
because of the sea view and offers the ‘East Coast lifestyle’.

Chua Chor Hoon,

Q: What is the market outlook on rental demand for HDB flats?
Head of Southeast CHOR HOON: Rental demand from permanent residents, foreign workers and
Asia Research, DTZ students will continue to be strong with the economy doing well. Plus with more
expatriates earning local pay packages now, their demand rises as they now have a
reduced housing budget.
EUGENE: It is expected to increase as the economy sees positive growth and many
companies are increasing their headcount. For employees with a monthly rental
budget of S$3,000 and below, a HDB flat is their only option.

Q: Are the value of HDB flats less susceptible to property market

Eugene Lim, CHOR HOON: As HDB flats are bought mainly for owner-occupation, the price
Associate Director,
ERA Asia Pacific changes are less volatile than private properties. HDB resale prices fell by just 0.8%
in Q1 2009, while private property prices plunged by 14%. And since the 2009 lows,
we see prices of private residences increasing by 31% compared to a more modest
12% for HDB resale flats.
EUGENE: Purchasers of HDB flats are owner occupiers unlike private properties
that may be bought for investment or speculative reasons. As such, HDB resale
Get Loan Approval for your
prices are a factor of actual demand and supply, and will not follow the private
HDB flat in 30 minutes
property market cycle.
Visit any OCBC branch to enjoy hassle-free application with just your
SingPass. Now even on Sundays, at our 18 Sunday Banking branches.
Did you know?
Enjoy promotional packages* when you sign up today. For details, call
COV refers to the difference between the valuation and resale price
1800 438 6088 or visit www.ocbc.com/mortgageblueprint
of a flat. COVs could rise or fall depending on market conditions.

Editor’s Note: We regret to inform that there was an error in the ‘Understanding Your Mortgage Loan’ article from Ask OCBC Oct – Dec 2009 issue. Based on the CPF policy, members have to set aside half of the prevailing Minimum Sum in their Ordinary and Special Accounts before they
can use further CPF savings up to the Housing Withdrawal Limit (not Available Housing Withdrawal Limit) to repay the loan. With effect from 1 Jan 2008, the Housing Withdrawal Limit (not Available Housing Withdrawal Limit) is 120% of the purchase price or valuation of the property at
the point of purchase, whichever is lower.
Photo: getty images

* Apply personally at any OCBC branch to enjoy preferential HDB Home Loan packages for a limited period. Please come with your SingPass to facilitate online retrieval of your income document(s). The original Option to Purchase and a copy of the HDB Valuation Report for the purchased
flat is also required. The HDB Home Loan packages are subject to relevant terms and conditions governing such loan packages. Offer is subject to satisfactory credit checks and approval.

Important Information
Any opinions or views of third parties expressed in this material are those of the third parties identified, and not those of OCBC Bank. The information provided herein is intended for general circulation and/or discussion purposes only. It does not take into account the financial situation or
particular needs of any particular person. No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures,
opinion, view or estimate) provided herein is given by OCBC Bank and it should not be relied upon as such. OCBC Bank does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information presented is subject to
change without notice. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided herein. The information provided herein may contain projections
or other forward looking statement regarding future events. Actual events or results may differ materially. The contents hereof are considered proprietary information and may not be reproduced or disseminated in whole or in part without OCBC Bank’s written consent.

www.askocbc.com 5

to Celebrating Life!
26 simple pleasures that make life more enjoyable.

A ctive Ageing
Keep your body fit and mind active
and you’ll age gracefully. Check out
pg 10 for tips on how you can turn the 60s
E xplore
Pick up a new activity and you will
be pleasantly surprised at the new
experience. Go hiking in the Himalayas or try
into the new 50s! dirt-biking.

B abies
A bundle of joy and a miracle of life
that adds happiness and meaning to
couple-hood. Listen to your paternal instincts
F amily
Nothing is more important than kinship.
Stay connected with your loved ones.
Give your mum a hug today or tell your child
and start adding to the brood! how much you love him/her.

C ash
It is not the basis for happiness but
it is a necessity. Make sure you save
regularly and ensure you have at least 6
G oals
Set new resolutions for yourself
every year and achieve them!
Having goals keeps you motivated and on
months’ income for any emergencies. the path to self improvement.

D reams Space™
Get on our cool Dreams Space™
on Facebook today to share your
dreams with friends and get connected with
H ome Sweet Home
Home is where the heart is. Do ensure
that you have mortgage protection
to safeguard your loved ones because life’s
others who share the same goals. Refer to pg unexpected events can throw you off the
11 for more! track if you’re unprepared.

I nvest
One way to supplement your savings
is to grow your investment portfolio.
Know your risk appetite and invest in the
R est and Relax
Take time off to smell the roses
or indulge in something you enjoy
doing. Give your mind and body that
right tools. well-deserved break. For ideas on how

you can spend your weekend, check out
og pg 22 & 23.

Jogging is not just an effective way to
fight the flab and stay active, it is also eize the Day
a great way to have some ‘me-time’. Or carpe diem. Basically, live each

day to the fullest by doing what
iss matters most to you.

A kiss can burn calories! Plus it is
a great way to foster bonding and ravel
intimacy with those you love. Make the world your playground!

Go diving in Seychelles, go on a
aughter safari adventure in South Africa or explore
Laughter is one of the best medicines! the mysterious Antarctica. Find out how
A good laugh is beneficial for the soul you can explore the 7 Wonders of The
and brings merry cheer to those around World with OCBC Cards on pg 18 & 19.

you. Learn to laugh at yourself and don’t
take things too seriously. nderstand

Seek to understand the different
usic views and mindsets of the people
Listening to music is a simple around you. This will create greater harmony
form of enjoyment that can be between ourselves and the world.

extremely therapeutic. Dance along to the
latest hip hop, chill out with lounge tunes olunteer work
or sing along to popular hits. Take time out from your busy

schedule to help the less fortunate.
ational Day Helping others can warm your heart and
Happy 45th Birthday Singapore! make life even more meaningful.

Display your National Flag at home
and plan a family gathering to catch the ealth
Parade. Plus join us at our Sunday Banking Accumulate your wealth, not
branches on 8 Aug for surprise treats and just in the monetary sense but
more. Refer to pg 16. expand your wealth of knowledge and

Take life with a light-hearted
and positive approach. A lot
depends on your perspective so if you are
optimistic, that’s half the battle won.
X traordinary
Do something very special today
for a loved one. Cook a meal, write
a poem or serenade with a sweet song.

P rotection
Make sure you are well-protected.
Adequate life insurance is important.
Understand more about insurance on pg 8
Y oga
This is one great exercise you can
do to achieve clarity of mind, a
better body, greater flexibility and most
& 9. importantly, inner peace.

Q uality not
Strive for quality in whatever
you do. It is not how much that matters, it
Z est for Life
You never know what will happen
tomorrow and we only live once.
So, be happy and live life to its fullest!
is how good it is.

“Stay connected with your

loved ones. Give your mum a
Photos: getty images

hug today or tell your child

how much you love him/her. ”

www.askocbc.com 7

The Wheel of life

Live life the way you want with peace of mind and adequate protection
for you and your loved ones.

o you know of someone who is ill and the family is burdened with Shield Plan
hefty medical bills? Have you ever wondered how your loved ones We all have Medisave funds when we start working but it is not an insurance
are going to cope financially should anything happen to you? scheme. Ensure that you have at least a Shield Plan that will take care of
Buying insurance for yourself or your family is not just about managing hospitalisation and surgical costs.
personal risks but also shows how much you care for them. It is also important
that you review your insurance portfolio periodically to ensure that you have Critical Illness Plan
the relevant policies to match your protection needs at different life stages. The Critical Illness Plan will provide a lump sum payment to help you to
make lifestyle adjustments when you are diagnosed with any 1 of the 30
Young Working Adults covered critical illnesses.
You’re young, healthy and have just started to work. You may think that
you do not have enough assets or liabilities to protect, but this is actually Tip: MaxLife Protector ‘For Me’ Package
the best time to purchase medical insurance because your premium will A participating limited premium whole life insurance plan that provides:
be lower. • Coverage for Death, Total and Permanent Disability (TPD)
• Coverage for 30 Critical Illnesses and it also comes with a unique
Carcinoma-in-situ (pre-cancer) and Early Stage Cancer Benefit
• A short premium payment term of 15 years

Singles Retirees
As a financially independent single, you may be concerned that an Most retirees face the uncertainty of not knowing exactly how much is
unexpected illness may disrupt your plans in life or add financial enough to see them through their retirement years. To hedge your longevity
burden to your family. Consider starting a disciplined method of risk, it is important to include an annuity product in your retirement
saving for future expenses as well as to protect yourself with Death portfolio. Most annuity products promise income as long as you live.
or TPD coverage with an endowment insurance plan that offers such The longer you live, the more you will benefit from it. You may also choose
benefits. to buy an endowment plan that provides cash payouts to supplement
Your parents may also need your income to support them future expenses.
through their golden years, so it will be good to get a life insurance Escalating medical costs may also deplete your Medisave savings. To
policy too. avoid this, do ensure you have at least a Shield Plan to help you defray
hospitalisation and surgical costs. A critical illness plan is also an indispensable
Tip: MaxWealth Saver
  part of your insurance protection portfolio.
A 20-year participating regular premium endowment plan that
provides: Tip: PrimeGold Saver
• Coverage for Death and TPD A participating single premium plan that provides:
• Annual cashback from end of policy year 2 – 19 • A good stream of regular income for retirement. For instance, with a
• Annual cashback can be handy to supplement future expenses policy term of 15 years, you will receive annual cashback from the end of
• A maturity benefit at the end of the policy term 6th policy year to a year before maturity
• A maturity benefit at the end of the policy term
Married With Kids
Ensure that your children have at least health insurance plans. Should
a child contract cancer and be admitted to hospital for treatments, Learn
chemotherapy and medication, the medical bills can be hefty. A Insurance
  Terms Made Easy
health insurance plan which may not be costly for a young child will
be a good hedge. Premium
You are also faced with your childrens’ needs till they are at Refers to the amount that you pay for your insurance policy. It may
least 22 years of age, which also includes taking into consideration be on a regular basis (regular premium), for a specific number of
building an overseas education funds for your child which can be years that is less than the policy term (limited premium) or as a
well over S$200,000.
one-time payment (single premium), depending on the type of plan
If your child requires S$500 of your monthly pay to support him till purchased.
he is independent, you will need to have a life insurance cover of at
least S$132,000 (i.e. S$500 x 12 months x 22 years) for yourself. Participating Plan
An insurance plan that ‘participates’ in the performance of the
Tip: MaxFamily Protector
  insurance fund, in the form of non-guaranteed bonuses.
A non-participating regular premium term insurance plan that
provides: Term Insurance Plan
• A lump sum of 3 times the Annual Income Benefit (AIB) immediately An insurance plan that provides protection for a specified period of
in the event of Death, TPD or upon diagnosis of any 1 of the 30 time.
covered critical illnesses (optional benefit)
• A yearly stream of AIB from the next policy anniversary following Endowment Plan
the claim until the end of the policy term An insurance plan that offers both protection and savings for a
• Waiver of future premiums upon a claim specified period of time. The benefits are payable upon occurrence
• A maturity benefit of 3 times the AIB is payable at the end of the of certain events (eg. Death, TPD or critical illness claim) depending
policy term if no claim is made on the coverage purchased. At the end of the policy term, a maturity
benefit will be payable if none of the events occured during the
Tip: School Protection Plan
  policy term.
A unique 2-in-1 plan comprising a participating limited premium
payment endowment plan – School Protection Plan, and an OCBC Maturity Benefit
Young Savers Account. School Protection Plan provides: It is the sum of money you will receive at the end of the policy term,
• Choice of a 12-year or 18-year tenure and you will only need to if no claim or surrender was made during the policy term.
pay premiums for the first 6 years
• Receive yearly cashback from the end of the 6th policy year
onwards to a year before maturity
Treasure the gift of life and secure the best
Besides the insurance protection for your child, should the
protection for you and your loved ones.
unexpected happen to you, the remaining premiums will be waived
and your child will still enjoy the insurance protection and the Visit any OCBC branch or call 1800 438 6088 today.
cashback benefit.

Important Information
The insurance plans are underwritten by The Overseas Assurance Corporation Limited and/or The Great Eastern Life Assurance Company Limited, both wholly-owned subsidiaries of Great Eastern Holdings Limited and
members of the OCBC Group. They are not bank deposits or obligations of, or guaranteed by OCBC Bank. MAX is a registered trademark of The Overseas Assurance Corporation Limited. You may wish to seek advice from
a financial adviser before making a commitment to purchase a life policy. In the event that you choose not to seek advice from a financial adviser, you should consider whether the life policy in question is suitable for you.
Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid. The material is for general
Photo: getty images

information only. It is not a contract of insurance. It does not constitute an offer to buy an insurance product or service. It is also not intended to provide any insurance or financial advice. The specific terms and conditions of
the plan are set out in the policy documents. A person interested in the insurance policies should read the product summary and benefit illustration (available from OCBC Bank) before deciding whether to buy this product.
No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without
limitation any statement, figures, opinion, view or estimate) provided herein is given by OCBC Bank and it should not be relied upon as such. OCBC Bank does not undertake an obligation to update the information or to
correct any inaccuracy that may become apparent at a later time. All information presented is subject to change without notice. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly
or indirectly howsoever in connection with or as a result of any person acting on any information provided herein. This publication may be translated into the Chinese language. In the event of any ambiguity, discrepancy or
omission between the English and Chinese versions, the English version shall apply and prevail.

www.askocbc.com 9

Is the 60s the

New 50s?
Who says you can’t have
fun as you grow old. After
years of working hard, it’s
time for you to sit back,
relax and enjoy life.


Go bird watching, knit, brisk walk, line dance or teach your grandkids
how to cook or sew. If you have limited mobility, activities like reading
and listening to music can still bring you lots of enjoyment.

Hang out with friends Do Something For Yourself Today!

Gather with old friends or make new ones with the neighbours or
at the community centre. Sign up for the Supplementary Retirement Scheme (SRS) account now to start enjoying
lower personal income taxes and to build an additional stream of retirement income.
Smile & help FREE S$10 Robinsons voucher^ for the first 50 customers!
Life becomes more meaningful when you are able to help make Simply apply for the SRS account via OCBC Internet Banking. Visit www.ocbc.com/personal
someone else’s life easier and better. Babysit your grandkids, call now. Hurry, promotion ends 31 Aug 2010.
up an old friend or help out at a charity organisation. There’s great For details, call 1800 438 6088 or visit any OCBC branch.
joy in helping. ^Terms and conditions apply.

You are not an ‘antique’

Stay abreast of trends and technology. Start off with something
simple but useful like a basic computer course and set up your
Facebook account. Your grandkid will be impressed! Learn
Did you know?
Celebrate life!
Don’t live in the past. Create new memories and share them with
your family and friends. Treat each day as a gift and blessing.
The maximum yearly SRS
Retirement is not the end contribution is S$11,475*.
Think of your golden years as the perfect time for you to do what If you contribute this
you like without having to worry about money. Make this possible amount into the SRS
by planning early. each year, you’ll enjoy
a tax relief of the same

Retirement Planning Tips #101 Plus, if you contribute the

same amount for 10 years,
Photos: getty images, istockphoto

• Aim to clear all your debts by the time you retire. you will have an additional
• Achieve financial freedom. Build a stream of income
nest egg of S$114,750 for
for yourself after you retire so that you can continue
with your lifestyle even after your steady employment
your golden years.
income has stopped.
*Applicable to Singaporeans/Singapore PRs.


Share your dreams & discover how you can achieve

them. Plus connect with others, make new friends,
check out inspirational quotes, tips and more! Look
out for exciting promotions, contests and surprise
Visit www.facebook.com/DreamsSpace to be
on Dreams SpaceTM today!

We surprise our 5 lucky fans S$100
Qinyan Yu Borrowing the traditional English wedding shopping
below! Their posts were
custom, I would use it for... Something Old – pick up an vouchers
selected in response to our old hobby: learning the piano! I gave it up a decade ago each!
question ‘What would you and have always wanted to go back to it. Something New –
do with S$250,000 in cash?” a new-found interest in travelling, especially to exotic places like s u b -
Congrats to all! Saharan Africa and North Korea. Something Borrowed – repay the housing
loan for my parents and Something Blue – fund a local version of project
BLUE (www.betruetoblue.com), an initiative dedicated to protecting our oceans,
Wins waves and beaches!
Noraini Ahmad I hope to let my S$500 April 30 at 4:09pm · Flag
girl continue her Math tuition for cash!
PSLE this year. Due to some hiccups, Annabelle Ng Use the money to learn everything that I’ve always wanted
I cannot afford her tuition fees even to learn (property agent course, threading, waxing, spa, facial, manicure)
though I feel that it is very important for because knowledge is power. The rest of the money will go into investments,
her. I would also like to have my house my wedding and migration funds.
renovated and keep the rest of the money April 30 at 4:11pm · Flag
for my childrens’ education.
May 1 at 1:18am · Flag Amanda Tan アマンダ First, to settle my degree course fee, give some to my
Dreams SpaceTM supports Noraini’s dreams for her parents and grandfather (who is cancer-stricken and needs the money for his
daughter to do well in her PSLE and her wishes for treatment), go to Japan and save the rest for future use (marriage, new house,
her family. We hope that our cash prize comes in kid’s education, etc)
useful! April 30 at 4:06pm · Flag

LuRve Struck I will travel the world and keep part of it for my 3 childrens’
education and splurge the rest. Chanel and Christian Louboutins, here I come!
April 30 at 4:56pm · Flag

Design Your Show us how creative you are! Design your dream
Dream weekend weekend bag with the theme ‘Celebrate Life!’ and
Set your dreams with
Bag Contest the winning design will win S$500 cash! Plus your
design will be produced as limited edition eco-friendly OCBC Dreams Board on
weekend bags as Dreams SpaceTM giveaways! Facebook today! Find out
how you can fulfil them
Prizes with OCBC MSA 123, a
monthly savings account
1st Prize : Win S$500 cash & the design will be produced
that gives you higher interest rates1 compared to a
as limited edition giveaways!
2nd Prize : Win S$200 cash Design me regular savings account. Start saving from
3rd Prize : Win S$100 cash as little as S$100 monthly today! Visit
www.ocbc.com/MSA123 for more details.
To take part, simply visit www.facebook.com/DreamsSpace to be
a Dreams SpaceTM fan and send in your design now! Have fun!
Celebrate 1
Compared to interest earned on a regular savings account where the first tier interest starts from

Terms and conditions apply. Life 0.125% p.a. Singapore dollar deposits held by or for an individual or a charity in accounts listed in OCBC
Bank’s Insured Deposit Register (available at www.ocbc.com/policies) will be insured in accordance
with and for up to the limits specified in the Deposit Insurance Act.

www.askocbc.com 11

boosting your
child’s memory is
as simple as
Antioxidant-rich food: Give your child more antioxidant-rich foods like apples
or apple juice! Oats during breakfast helps your child perform better because it is
high in fibre and protein, one of the foods that boost memory performance.

Books: Nurture their interest in reading and make it fun with story-telling!

Reading is about sounding out the letters and joining them into words. With
constant practice, they get familiar with the letters and the word will remain in
their mind.

Crossword puzzles: Perfect game to jog their memory and brain cells. Lateral
thinking puzzles, memory games and even riddles are a great way to get some
brain exercise. The best part is you can do them anywhere with your child!

OCBC SmartParenting Series

Brought to you by
Want to fulfil your dreams for your kids? Learn from the
experts like Tony Buzan at this half-day workshop! Plus
a kids workshop for the young so the whole family can
learn together.

For Parents:
• Unlock your Child’s Brain W i n To n y B u z a n ’s
Power and Creativity! Tony Power Learning Camp
Buzan, Inventor of Mind Maps® and package, autographed
author of bestselling books on the book & SmartParenting
Tony Buzan seminar tickets worth
Brain, Learning and Creativity
• Raising Financially Savvy Kids. Anne Tay, Vice
President, Wealth Management Singapore, OCBC Simply share your dreams
Bank for your kids with us. Visit www.facebook.com/
DreamsSpace from 1 Aug for details.
• Learn Different! Dr Janice Wong, Consultant
Contest is from 1 Aug – 12 Sep 2010.
Paediatrician, Thomson Paediatric Centre
Terms and conditions apply.
For Kids:
• Understanding Money & Learning the
Habits of Millionaires. MoneyTree Singapore
• The 8 Keys of Excellence & Multiple
Intelligences. SuperCamp Here’s what
you missed!
About 400 parents and children joined us at
Date : 25 Sep 2010 our inaugural OCBC SmartParenting Seminar
• OCBC SmartParent
Time : 12.30pm – 5pm 50% off for
in March at Marina Mandarin Singapore.
OCBC Mighty • Mighty SaversTM
Venue : Carlton Hotel SaversTM Family • Children Development Account Holder Kids had fun learning money management
Fee: S$30 per parent customers
• OCBC Platinum Cardmember skills while the adults picked up tips on
S$20 per child
nurturing academic learning and creativity.

Hurry, seats are limited. Registration is on a first-come-first-served basis* and ends 12 Sep 2010. Don’t miss our next seminar and kids workshop
Visit www.ocbc.com/mightysavers to register now! on 25 Sep 2010.

*Confirmation of seat is upon receipt of seminar fee payment.

>> smart parenting

And This Is How

Ong Tien Tien, 31
and hubby Gerry
Chan, 34 share with
We Did It!
e have always found Smart parents know the importance of financial planning. From saving
us why they started OCBC’s wide offering to investing, income protection to life insurance, they all take on new
an OCBC Children of products suitable for
us. So we opened Charmaine’s Children
significance once anyone becomes a parent!
Development Development Account with OCBC and also Here’re 3 easy steps to start!
started a SmartParent account for regular
Account for their savings.  Step 1 Start a savings plan with your Baby
1-year old daughter, We hope that by managing our finances
better, we can focus on having a quality life Regular savings is the first and most important step to healthy finances.
Charmaine. together – for ourselves, our parents and When baby arrives, OCBC Bank will help set up your newborn’s Children
Development Account (CDA), the special account for the Baby Bonus
our child.  OCBC also helped identify the
right products for us, such as an income Scheme. You can even ‘upgrade’ to OCBC CDA Extra for higher returns.
replacement plan – MaxFamily Protector.
Step 2 Grow Your Family’s Nest Egg
We also enjoy visiting the Suntec City
Take another step to reach your family’s goals by opening an OCBC
branch on Sundays with our parents and
SmartParent, an account which earns you higher interest than a regular
Charmaine. We love the relaxing family-
savings account.
friendly atmosphere and warm staff. This is
especially great for Charmaine who doesn’t Step 3 Teach the lil one to save
like crowded, noisy places with long queues. When it’s junior’s time to open his or her own account, OCBC Mighty
Sunday Banking has definitely help us to Savers™ can help you start the habit of saving in your child. With interactive
enjoy banking with OCBC!” elements like cards and stickers, plus encouragement gifts for your child on
completion of each card, saving and banking becomes a memorable and
smart fun experience. 
ncy & guide

pregna careHow to be a

baby savvy
Breast shop Toy box
for 2 Energy boosters
for you & hubby
in g re ady
Gett by Teach your kid

Simply sign up for the OCBC SmartParent account today at any OCBC branch.
for ba about money
Your laist play Family fun
for free

Bond 8
Return to

For details, visit any OCBC branch, call 1800 438 3333 or log onto

with - page

baby www.ocbc.com/mightysavers

Proudly brought to
you by
No: 19320

to you by
Co. Reg.

oration 13 nus
ing Corp pore 0495 ocbc.com/babybo
inese Bank e, Singa www.
Oversea-Ch t, OCBC Centr 438-6088
Stree 1800
65 Chulia Service:

* Terms and conditions apply. Promotion valid for branch applications only, while stocks last.
The information provided herein is intended for general circulation only. It does not take into account any specific objectives, financial situation or particular needs of any particular person. OCBC Bank shall not be
responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided herein. Singapore dollar deposits held
by or for an individual or a charity in accounts listed in OCBC Bank’s Insured Deposit Register (available at www.ocbc.com/policies) will be insured in accordance with and for up to the limits specified in the Deposit
Insurance Act.

www.askocbc.com 13

Travel Back In Time

with the Mighty Savers™

Let your child save the fun way and travel back in time with the Mighty Savers™! Learn about pre-historic times
where dinosaurs reigned and the early days of Singapore history and more.
Gear up for the adventures with these exclusive gifts!

From babies to schoolchildren, we have a wide range of gifts for every child to enjoy!

Sign-up / Top-up Gifts1 Encouragement Gifts2

Open or top up your child’s Deposit your child’s S$20
savings account with a OR savings with a completed
minimum deposit of S$1,000 Mighty Savers™ card and
at any OCBC branch and receive a Time Travel Poster
Watch Cap
choose your gift: and Dinosaur Stickers Set.

(Available from now till 31 Aug 2010) (Available from now till 31 July 2010)

Sign-up / Top-up gifts will be refreshed every two months. Encouragement gifts will be refreshed monthly. Please visit any OCBC branch,
call 1800 438 3333 or log onto www.ocbc.com/mightysavers for the latest gifts.
Terms and Conditions
Open or top up your child’s savings account with minimum S$1000 at any OCBC branch and receive a sign up / top up gift (choice between Time Travel Watch or Cap). The gifts are available from 8 July – 31 Aug 2010. 2Deposit $20 with a completed Mighty Savers™ Sticker Card at any OCBC
branch and get a set of Mighty Savers Encouragement Gifts. The gifts are available from 8 – 31 July 2010. Free gifts are available while stocks last. The gifts are not exchangeable for cash or other items. OCBC Bank reserves the right at its sole and absolute discretion to replace any gift with
any item(s) of similar value. OCBC Bank shall not be responsible for the quality, merchantability or the fitness for any purpose or any other aspect of any gift. Notwithstanding anything herein, OCBC Bank shall not at any time be responsible or held liable for any defect or malfunction in any
gift, and/or for any loss, injury, damage or harm suffered or incurred by or in connection with the use of any gift by any person. OCBC Bank reserves the right to waive/vary/amend any of these terms and conditions without prior notice. The decision of OCBC Bank on all matters relating to
this offer shall be final and binding. The Terms and Conditions Governing OCBC Mighty SaversTM Programme apply. Please refer to www.ocbc.com or visit any OCBC Bank branch for a complete set of terms and conditions. Singapore dollar deposits held by or for an individual or a charity in
accounts listed in OCBC Bank’s Insured Deposit Register (available at www.ocbc.com/policies) will be insured in accordance with and for up to the limits specified in the Deposit Insurance Act.

FIND US! Sunday Banking branch
Banking Hours: 11am to 7pm daily

Sun Plaza
OCBC Bank branch
 Northpoint
Causeway Point Yishun
 Woodlands
Premier Banking Centre

 Punggol Plaza
Business Banking Centre
 Bukit Panjang Ang Mo Kio Central
Compass Point
Choa Chu Kang
 Ang Mo Kio
Hougang Mall White Sands
 Bukit Batok  Bishan  Hougang  Tampines South
 Thomson  Upper Serangoon  Tampines Central
 Serangoon Garden  East Point
 NTU Jurong West Shopping Mall
 Bukit Timah
Toa Payoh
Jurong Point Jurong East Sixth Avenue  Central  Bedok North
Jurong balestier Ubi
City Square Mall  Aljunied
 Clementi  Joo Chiat
Holland  jalan Sultan East Coast
ION  Jalan Besar  Geylang
Village Orchard Lucky  North Katong
Plaza  SMU
 Citylink Mall
 Alexandra
Village OCBC Centre Suntec City
We are at Caltex Stations!
 People’s Park Enjoy 24-hour access to your OCBC accounts with
Harbour  tanjong Pagar
Front our ATM Plus machines. Deposit or withdraw cash
Tel: 1800-438-3333
at your convenience anytime, islandwide.
Internet Banking, Mobile Banking, Phone Banking
Tel: 1800-363-3333 For banking hours, branch and ATM locations, visit www.ocbc.com/personal
Tel: 1800-438-6088 Alexandra Village Geylang OCBC Centre
LOANS Blk 123 Bukit Merah Lane 1, #01-98/100, S(150123) 325/327 Geylang Road, S(389360) 65 Chulia St, #01-00 OCBC Centre, S(049513)
Home Loan, EasiCredit (1 Hour Approval), Aljunied HarbourFront People’s Park
Auto Loan, Renovation Loan Blk 119 Aljunied Ave 2, #01-40/42, S(380119) 1 Maritime Square, HarbourFront Centre, 101 Upper Cross Street, #01-27 & #B1-49/50/51
Tel: 1800-438-3333 Ang Mo Kio #02-99/100 S(099253) People’s Park Ctr, S(058357)
Commercial Property Loan Blk 629, Ang Mo Kio Ave 4, Holland Village Punggol Plaza
Tel: 1800-538-1111 #01-1006/1008/1010, S(560629) 249 Holland Avenue, S(278980) Blk 168, Punggol Field, #01-11/12 Punggol Plaza,
Ang Mo Kio Central Hougang S(820168)
CPF 53 Ang Mo Kio Avenue 3, #B1-32/33 AMK Hub, Blk 211, Hougang St 21, #01-295, S(530211) Robinson Road
Tel:1800-227-1188 S(569933) Hougang Mall 77 Robinson Road, #01-03 Robinson 77, S(068896)
CPF Investments Balestier Road 90 Hougang Ave 10, #01-01/02/03/05, S(538766) Serangoon Garden
Tel: 1800-783-5911 360 Balestier Road, #01-14/15 Shaw Plaza - Twin ION Orchard 86/88 Serangoon Garden Way, S(555982)
Dual Currency Returns, Structured Deposits, Heights, S(329783) 2 Orchard Turn, #B2-56/57 (Linkway to Wisma Atria), Sixth Avenue
Unit Trusts Bedok S(238801) 827 Bukit Timah Road, S(279886)
Tel:1800-438-6088 Blk 204, Bedok North St 1, #01-403/405/407, Jalan Besar SMU
OCBC Securities S(460204) 10 Jalan Besar, #01-01 Sim Lim Tower, S(208787) 70 Stamford Road, #B1-43, Singapore Management
Tel: 1800-338-8688 Bedok North University (Li Ka Shing Library), S(178901)
Jalan Sultan
CARDS Blk 88, Bedok North St 4, #01-163, S(460088) 200 Jalan Sultan, #01-05 Textile Centre, S(199018) Sun Plaza
Credit Cards, Debit Card, Promotions Bishan Joo Chiat 30 Sembawang Drive, #02-23/24, S(757713)
Tel: 1800-363-3333 Blk 501, Bishan St 11, #01-372/374, S(570501) 40 Changi Road, S(419702) Suntec City
FOREIGN EXCHANGE Bukit Batok Jurong 3 Temasek Boulevard, Suntec City Mall (near Tower 1),
Foreign Exchange & Interest Rates Trading Blk 634, Bukit Batok Central, #01-108, S(650634) Blk 65, Yung Kuang Road, #01-95/101, S(610065) #01-104/106, S(038983)
Tel: 1800-538-1111 Bukit Panjang Jurong East Tampines Central
OCBC Foreign Exchange Rates Blk 257, Bangkit Rd, #01-51/55, S(670257) Blk 130, Jurong East Street 13, #01-235, S(600130) 1 Tampines Central 5, #01-02 Tampines CPF
Tel: 1800-363-3333 Bukit Timah Building, S(529508)
Jurong Point
BUSINESS BANKING 170 Upper Bukit Timah Rd, #01-01 Bukit Timah 1 Jurong West Central 2, #B1-31/32/33/46 Jurong Tampines South
Corporate Accounts, Business Loans, Shopping Centre, S(588179) Point Shopping Centre, S(648886) Blk 138, Tampines St 11, #01-108/110, S(521138)
Trade Finance Products and Services Causeway Point Jurong West Tanjong Pagar
Tel: 6538-1111 1 Woodlands Square, #01-18, Causeway Point, Blk 502, Jurong West Ave 1, #01-821, S(640502) 260 Tanjong Pagar Road, #01-01, S(088542)
S(738009) Thomson
Tel: 1800-363-3333 Choa Chu Kang Blk 83, Marine Parade Central, #01-576/578, 181 Upper Thomson Road, S(574331)
Blk 304, Choa Chu Kang Ave 4, #01-663, S(680304) S(440083) Toa Payoh Central
CityLink Mall Lucky Plaza 520 Lorong 6 Toa Payoh, #02-52/53, S(310520)
If you are calling from overseas, please call 1 Raffles Link, #B1-09 CityLink Mall, S(039393)
(65) 6xxx-xxxx where ‘xxx-xxxx’ is the last 304 Orchard Road, #01-95/96/97 Lucky Plaza Ubi Business Banking Centre
7 digits of the toll-free number. For example, City Square Mall Shopping Centre, S(238863) Blk 302 Ubi Ave 1, #01-59/63, S(400302)
180 Kitchener Road, #02-01/02, City Square Mall, North Upper Serangoon
to enquire about our Al-Wadiah accounts,
S(208539) 460 North Bridge Road, #01-00, S(188734) 777 Upper Serangoon Road, #01-01, S(534645)
dial (65) 6438-3333.
Northpoint Woodlands
Blk 446, Clementi Avenue 3, #01-193/195, S(120446)
Corporate Website 930 Yishun Ave 2, #B2-21 to 26 Northpoint Shopping Blk 303, Woodlands St 31, #01-159/161, S(730303)
Compass Point Centre, S(769098)
www.ocbc.com White Sands
1 Sengkang Square, #01-40/41 Compass Point,
NTU 1 Pasir Ris Central Street 3, #01-11/A White Sands,
iOCBC S(545078)
50 Nanyang Avenue, NS3 #01-01, Academic Complex S(518457)
www.iocbc.com East Coast North, Nanyang Technological University, S(639798) Yishun
Personal Banking 174/176 East Coast Road, S(428880)
Orchard Road Blk 103, Yishun Ring Rd, #01-67, S(760103)
www.ocbc.com/personal East Point Shopping Mall 160 Orchard Road, #B1-12/13 Orchard Point,
3 Simei St 6, #B1-06 Eastpoint Mall, S(528833) S(238842)
Information is accurate at the time of printing. (Counter Services are not available)

www.askocbc.com 15
a date with ocbc

Join the New
July Moon Big september
Walk 2010!
Do your bit for charity at the
New Moon Big Walk (5km)! Sign Momotaro
up and New Moon will contribute Classic Japanese
100 bowls of rice for every participant. New folktale marvellously
Mozart’s Die Zauberflote Moon is targeting to raise 500,000 bowls of rice which transformed into a
[The Magic Flute] will go towards helping less fortunate families from delightful musical for
Step into the fantasy world of fairy tale and the North East CDC. Look out for exciting lucky draw all! A thrilling epic of
finest melodies, set in the mythical East by prizes, fun games and local celebrities Fann Wong and idealism, friendship,
Singapore Lyric Opera. Jeanette Aw at the walk. Registration heroism, and comic
Enjoy up to 20% off with OCBC Cards from fee at S$25 per person. Visit www. misadventures by
now till 27 Jul. newmoonbigwalk.com to I Theatre.
23 - 27 Jul @ Esplanade Theatre FREE New Moon register today! Enjoy up to 15% off
Big Walk umbrella
1 Aug, 7.45am – 11.30am with OCBC Cards
when you register
with your OCBC @ White Sands (Pasir Ris) from now till 19 Sep.
Card! Hurry, while Proudly sponsored by 3 – 19 Sep @ The
stocks last. Singapore Airlines
Theatre, LASALLE

Directed by Glen Goei,
with an astounding cast
led by Adrian Pang, a
spanking new set and
ravishing lingerie, this
revamped and reloaded by
Enjoy 10% off with OCBC
Cards from now till 4 Sep.
4 Aug – 4 Sep @ Drama
Centre Theatre

Celebrate National Day at Mid Autumn Festival delight at

sunday banking! sunday banking!
• Sunday Surprise Treats for all! Get your kids involved in a lantern-making
8 Aug, 2 – 3pm @ 18 Sunday Banking
branches Visit www.ocbc.com/sundaybanking for
• National Day fun at Little Creators
workshops for kids. Visit www.ocbc. 19 Sep @ selected Sunday Banking branches
Time Travel at Mighty Savers™
Little Creators sessions com/sundaybanking
Catch the new Mighty Savers™ Time Travel for details.
Adventure cartoon and learn to draw time 8 Aug @ selected Sunday Banking
machines, dinosaurs and more. SmartParenting
branches Series – Fulfil Your
Every Sunday @ 18 Sunday Banking branches Dreams For Your
OCBC Happy Savings Grand Draw Kids
Enjoy exclusive promotions and free Join us at the parenting
gifts at our roadshow. Plus meet our seminar while your
lucky Happy Savings Draw grand child attends the kids
prize winner of S$250,000 in an workshop. Refer to pg
exciting gameshow! 12 for details.
28 & 29 Aug, 11am – 7pm 25 Sep, 12.30 – 5 pm
@ Toa Payoh HDB Hub @ Carlton Hotel

Enjoy exclusive savings with OCBC Credit Cards.

Visit www.ocbc.com/ArtsShowcase for prevailing promotions.

Information is accurate at time of printing.

Arts Vibes
Presented by OCBC Arts
Platinum MasterCard

experience DECEMBER RAINS this issue.

FRIED RICE PARADISE is hailed as the

Catch this from biggest local production to hit the theatre
20 Aug onwards this year. We had a chat with Dick Lee,
at The Esplanade composer and writer of this true-blue
Singaporean musical.
Enjoy 15% off*
with OCBC
Back to the Future
I wrote this as a pop song 26 years ago as my entry
to a Rediffussion Talentime. When People’s Association
approached me to write a musical to commemorate their 50th
anniversary this year, I thought of this song but with a fresh spin.

Fashion & Music from 70s

I love the fashion and music from the 70s as it was a very interesting
time for Singapore, with many changes happening quickly. This musical
deals with how Singaporeans embraced the changes while fighting for
their identity and values.

Introducing… Don’t have an

I worked closely with Singapore Repertory Theatre’s OCBC Arts Platinum
Stage Two to put together both the creative team MasterCard?
and the cast. I can’t wait to introduce Taufik Batisah SMS <OCBCCards>
and Rahimah Rahim to the musical theatre genre space<Artsplat>
for the first time. Come prepared for a fun night at space<Name>
the theatre, to laugh your hearts out and be touched to 76062 to
by a heart-warming Singaporean musical. apply now.

DECEMBER RAINS was the first Mandarin musical ever written

in Singapore in 1996 and it was an instant hit with sold out
performances. We speak to known director and songwriter, Liang
Wern Fook ( ).

All About Love & Kit Chan

This year’s version of DECEMBER RAINS centres on friendship and family love. Look out for
several fresh takes to the plot including a love triangle struggle! This is also Kit Chan’s first
debut after a long break from the entertainment scene and marks our first collaboration
in musicals.

Singapore’s Unsung Heroes

The story is set in the chaotic 1950s because I hope to use this musical to feature the
various characters’ life stories and emotions, which portrays the era of a developing
Singapore. There is so much history to be shared of the many forgotten unsung
Catch this from heroes who have contributed to Singapore’s development.
6 – 15 Aug at The
Esplanade Theatre!
Enjoy 15% off* Music to the Ears
with OCBC I’ve composed a few new songs with Jimmy Ye, a very talented composer just
Cards! for this musical. There will be a variety of old and new songs sung by Kit Chan
and George Chan who are both talented singers. I invite everyone to share my
poetic experience in this lovely musical.

Visit www.ocbc.com/ArtsShowcase for more details today!

* Terms and conditions apply

www.askocbc.com 17

Pack your bags, arm yourself with
an adventurous spirit and jet off
with us to the 4 exotic wonders of
South America.

Harbour of Rio De Janeiro, Brazil


Machu Picchu

The Amazon Rainforest

Statues of Easter Island, Chile

harbour of Rio De Janeiro, Brazil

Harbour of Rio De Janeiro, River of January, is one of the 7 wonders of the natural world.

Did you know?

Rio De Janeiro was founded on 1 January 1502 by Portuguese navigators who thought that For dit
C bers
the entrance of Guanabara Bay was the mouth of the river. Hence, they named it River of
Machu Picchu, Peru From now till 31 Dec 2010, every S$70 charged to your OCBC
Nestled on a small hilltop between the Andean Mountain Range, this majestic city in Peru Card gives you a chance to win the Grand Prize of an unforgettable
which towers at 7,000 feet above sea level, soars above the Urabamba Valley below. With trip to see all the top 7 Wonders voted!
a moniker like ‘Lost Cities’, this Incan built structure looks right out of a movie scene.
Plus take part in ‘Wonder of the Month Draw’ to win trip to visit
South America*!
Did you know?
The Inca Trail in Peru is one of the world’s most famous hiking trails that starts from the 3 Easy Steps to Win the Wonder of the Month Draw
Sacred Valley of the Urabamba River and ends at the breathtaking ruins of Machu Picchu. 1. SPEND : Every S$70 spent gets you 1 chance to vote
The 45km trail takes three to five days to complete. 2. VOTE : You get to decide which 4 destinations gets voted as
the ‘Wonder of the Month’
the Amazon Rainforest 3. WIN : If your Wonder tops the chart, you might just win a trip
Also known as Amazonia, the Amazon Rainforest is a tropical rainforest located in the for 2 to see it!
northern part of South America. A guide or river tour is the best way to explore this Here’s how you can vote:
rainforest that is home to 120-foot trees, thousands of different species of plants and
animals, and home to the indigenous tribes. Visit www.facebook.com/ocbcwonders & follow the steps
Did you know?
  SMS <WONDERS> space <Code> space <NRIC> space
The Amazon Rainforest is the biggest forest in the world and 60% of it is located in Brazil, <First 8 digits of your credit card number> space <Spend
covering almost half of the country. Amount> space <Approval code> to 76062
Harbour of Rio De Janeiro, Brazil: Code SA1
Statues of Easter Island, Chile Amazon Rainforest: Code SA2
Photos: istockphoto, getty images

These are monolithic statues carved from rock on the Polynesian island of Easter Island Machu Picchu, Peru: Code SA3
between the years 1250 to 1500. The distinct characteristics of the Moai are the oversized
Statues of Easter Island, Chile: Code SA4
heads which is three-fifths the size of their body. For more details, visit www.ocbc.com/Wonders now.
*Promotion period to vote for the South American Wonder of the Month
Did you know?
ends on 31 July 2010. Terms and conditions apply.
The tallest Moai erected ‘Paro’ was almost 10m tall and weighed 75 tonnes. The heaviest
erected was a shorter one weighing 86 tonnes.

www.askocbc.com 19


Tomato & Mozzarella Caprese Salad

Michael s the Executive Sous Chef of Fairmont Singapore, Q: Is it true that healthy food rarely taste as
Muller Chef Michael Muller’s enthusiasm and culinary good as the ‘unhealthy’ ones? Can you give
creations have always impressed diners. With an some tips for cooking food that is both healthy
Steamed Marinated endearing personality and affable attitude, Chef Michael yet good-tasting?
Norwegian Cod with is also an advocate of good food and healthy eating. MICHAEL: We need to change the perception that
Ginger-lime, Orange,
Carrot & Asparagus healthy foods are less satisfying in appearance, flavour
Q: How has healthy eating evolved as a trend and portions. In fact, processed foods – especially
in recent years? fast-food items – tend to look artificial because of the
MICHAEL: There is a consciousness among chefs preservatives used, and have less natural flavour due to
on the benefits of cooking and eating healthily. Diners the high sodium and added flavour content. The first
are now more aware of the quality, flavour and health step to cooking healthily is cutting out processed foods
benefits of organic produce. At Fairmont Singapore, we and making sure that you start with ingredients that are
have eliminated all trans-fat products and where possible, naturally wholesome and flavourful like vine-ripened
switched to organic items like free-range eggs, organic tomatoes, kampong chicken, free-range eggs, olive oil,
milk and cream, organic fruit. We even have our own Herb salad greens, organic potatoes, etc.
Garden. Look out for our selection of Fairmont Lifestyle

Vegetable Lasagna
cuisine dishes, which are identified by green leaf symbols Q: What is one healthy ingredient you can’t
in our menus. I believe eating healthily has a positive live without in your cooking?
effect on your overall well-being. MICHAEL: Olive oil. It is a completely natural ingredient
that has a wonderful healing effect on the body (great
Q: Are you a health nut and what do you do for soothing stomach ulcers and gastritis). Get organic
to stay healthy? certified extra virgin olive oil, it is delicious for dressing
MICHAEL: No, I’m not obsessive about being healthy salads, stir-fried vegetables or just add a few drops to your
but I do strongly believe in staying fit. When I’m not pasta or risotto dish.
working, I swim and spend as much time outdoors as

OCBC Must Savour Dining Privilege Programme has taken gourmet

Fresh Sweet
Indulge in your dining to a new level, with a collaboration with Fairmont Singapore and
Water Prawn
& Avocado
‘Appetite for Life’ the dieticians from Parkway Health Group. A variety of gourmet menus
served at Fairmont Singapore will boast of delicious and yet nutritious
with OCBC Cards! pairings of the freshest ingredients.
OCBC Cardmembers are invited to enjoy the ‘Appetite for Life‘ dishes
with 15% off total bill* at Fairmont Singapore’s restaurants:
• Alligator Pear • Prego • Szechuan Court
For dining reservations, please call 6431 6156.

*Promotion valid for ala carte dishes too. From now till 31 Dec 2010. Terms and conditions apply.


Chef Ryan Shiu

This issue, we get up close and personal with Chef Q: What are some of your favourite mooncakes?
Ryan Shiu, Director of Kitchen at Peony Jade, Keppel Club to RYAN: My personal favourites are the Peony Jade Low Sugar
share his thoughts on the Mid Autumn Festival. Baked Premium White Lotus Paste with Macadamia Nuts &
Double Yolk and the new Snow-skin Japan Yuzu Truffle with
Q: What do you remember most fondly about the Orange Walnut Paste. They are made with less sugar, no
Mid Autumn Festival? preservatives, essence or colouring and freshly baked daily.
RYAN: When I was a child, the festival always coincided with
the school holidays so it was a very fun and carefree time. My Q: What’s the best way to enjoy mooncakes?
family would gather to enjoy good food while the kids played RYAN: Mooncakes should be enjoyed with a pot of freshly
with the beautiful lanterns under the moonlight. brewed Pu-er tea.

Q: What is the significance of such Chinese Q: How do you intend to celebrate the  festival
festivals and their celebrations? this year?
RYAN: I think many Chinese festivals such as Mid Autumn RYAN: I will be working but I will make it a point to enjoy some
Festival are important in our fast-paced lifestyle today. They mooncakes and tea with my colleagues and more importantly,
helped to bond families together as they celebrate and catch catch up with family and friends in Hong Kong via MSN.
up during these occasions. Besides, the many interesting
legends and stories behind these festivals, like how the Chinese Q: Any delicious mooncake creation ideas in store
organised a united revolt against Mongolian rule by slipping for 2011?
paper in the mooncake filling, helps to promote values such as RYAN: They will be petite-sized mooncakes which can be
the spirit of unity to be shared with the younger generation. enjoyed in just one bite! Definitely less sweet, healthier and
filled with my favourite fruits like mango or pineapple.

Celebrate Mid Autumn

With OCBC Cards!
Enjoy these sweet delights at Peony Jade restaurant:
Online early bird discounts from 12 – 27 Jul 2010.
Visit www.pjmooncake.com for details!
30% early bird discount* from 28 Jul – 10 Aug 2010
20% off^ from 11 Aug – 22 Sep 2010
BONUS S$20 dining voucher + when you spend S$200 in a single receipt!

Exclusive Treat for OCBC Platinum Cardmembers!

Free delivery to 1 location for orders above 20 boxes
(4 mooncakes per box) and for deliveries made by 8 Sep 2010.
Terms and conditions apply.

* Promotion valid for direct purchase at restaurants only. Not applicable for pre-orders. While stocks last. Terms and conditions apply.
Promotion not applicable with other discounts, offers and vouchers. Terms and conditions apply.
Promotion valid for minimum S$200 spend after any discounts and taxes. Voucher terms and conditions apply.

www.askocbc.com 21

The ultimate
weekend guide
Here’s a bumper list of great ideas to have a
fabulous weekend!


 Cable Ski  Diving

Get wet and wild with cable skiing! This Explore the beautiful underwater world,
is also a great toning workout which get wowed by the ocean’s beauty and
promises loads of fun. swim with the fishes!

Ski360DEGREE Deep Blue scuba

• Free 1-hr trial for first- • 15% off diving
timers on weekdays equipment purchases
(Mon-Thu) • 5% off diving courses
• 10% off hourly rate, skiing/wake-boarding • 10% off course fee (group of 4 and above)
courses and annual passes Valid till 31 May 2011.
Valid till 31 May 2011.
Terms and conditions apply.

Terms and conditions apply.
74 South Bridge Road #03-01 Tel: 6557 2705

• Skiing/wakeboarding Sunny Cove Diving

clinic at S$32 (U.P. S$64) • Up to 30% off Mares diving products & 20%
• Bring along a friend and enjoy off other brands
a special rate of S$48 for 2 • FREE Mares mask & snorkel set (worth S$80)
(limited to 1 friend per OCBC Cardmember) with each sign-up for PADI Open Water
Valid till 30 Aug 2010. Diver Course

Terms and conditions apply.
• S$20 off individual course fee with group
1206A East Coast Parkway Tel: 6442 7318 sign-ups of min. 4 persons per group
Valid till 31 May 2011.
Terms and conditions apply.

237 Alexandra Road, The Alexcier #06-09

Tel: 6333 8819


 Sing-a-long
Sing the blues away! Gather your family and friends and have fun belting
out your favourite tunes.

Party World KTV

• Enjoy 10% off
Valid till 30 Apr 2011.
Not applicable on eve of and public holidays.
Terms and conditions apply.

 Learn something new

Swing your hips to hot salsa or create yummy bites at a sushi-making class. Pick up
a new hobby or an interesting course that you’ve always wanted to try!
Take up these self enrichment courses and challenge yourself. Now you can with OCBC
ExtraCash Loan with a deferred payment option to help you pursue your passions.
Find out more, SMS <ECL><NRIC> to 73377 or visit www.ocbc.com/
extracashloan today.

 Watch performances and go wild with your

favourite artistes
Don’t miss out on the coolest concerts or plays and musicals in town!
Check out what’s happening this weekend and enjoy.
• Exclusive discounts on the latest plays and musicals with the OCBC Arts Platinum
MasterCard. Refer to pg 17 for more.

Redeem exclusive Jay Chou concert

merchandise with OCBC$ Rewards!
• Worldwide Singapore Exclusive Limited Edition 3-pc
• Concert Edition Figurine
• Worldwide Singapore Exclusive Musical Box
• Show Goodie Bags (Blue or Pink, worth S$64 each)
Hurry, visit www.ocbc.com/rewards to redeem NOW
with your OCBC$, while stocks last.
Terms and conditions apply.

 Rock Climbing  Catch the latest blockbusters

Grab the popcorn, drinks and chill out with the latest movies this
Scale the heights with rock climbing. Definitely
a great way to work that endurance level.

Golden Village cinemas

BorderX & Climb Asia
Enjoy weekend tickets at S$8.50 each and weekdays at S$7 each. Plus S$1
• Up to 40% off* purchases in
off promotional combo meal of the week!
retail shop
• Up to 20% off* courses Valid till 6 Apr 2012. Weekend includes Fri – Sun, eve of and public holidays. Weekdays
include Mon – Thu, except eve of and public holidays.
• FREE 1 hour^ taster session with min. spend of
Terms and conditions apply.
*Valid till 25 Jul 2010 for BorderX and 31 Jul 2010 for
Eng Wah cinemas
Climb Asia.
Enjoy weekend tickets at S$8 each and weekdays at S$7 each. Plus exclusive
^Valid till 31 May 2011 for BorderX and Climb Asia.
combo meal promotion at S$11.50 (includes 1 popcorn, 1 pack of mixed nuts and 2
Terms and conditions apply.
cups of coke)!
BorderX @ Orchard Central #04-22 Tel: 6884 4870 Valid till 30 Apr 2011. Weekend includes Fri – Sun, eve of and public holidays. Weekdays
Climb Asia @ 60 Tessensohn Road, c/o Civil Service Club include Mon – Thu, except eve of and public holidays, sneaks or opening nights.
Tel: 6292 7701 Terms and conditions apply.
Photos: getty images

Visit www.ocbc.com/cardspromotions for more exciting prevailing offers today!

Information is correct at time of printing.

www.askocbc.com 23
ask ocbc
July — September 2010

about ideas for living well today

The Ultimate
Weekend Guide
Exclusive deals
for weekend warriors.
Pg 22 & 23

The A–Zs to
Celebrating Life!
Pg 6 & 7

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