Typical way to get higher interest but still must guarantee
principal amount is to go for Fixed Deposit. I know of Hong Leong
offering 1.3125 + 0.25(promotion) for a 10K 12 month period. It is
little but at least it is better than the bank rates.
For those more willing to commit more years, there are so called
endowment policy with interest tag to it. Downside is tie you down
for 3 - 5 years etc. The protection is basically death and
permanent disability not much. This may get you maybe 3 - 4% at the
end of 5 yrs period. There are also those long term playing like
asset guaranteed plan etc but first need ask yourself you can wait
20 - 25 yrs? 
For ppl looking for a quick returns then should go for shares,
funds, bonds etc etc.... however those do not guarantee your
principal amount.
My conclusion: If my money confirm won't take out, can take out
those mid-term endowment policies. If my money confirm won't take
out for 1 yr then go for those short term FD. If I want a sum of
money at 20 - 25 yrs mark, go for those long term policy.
On top of above, can also try to play a bit of shares or invest in
funds. It is always good to put your eggs in many baskets. So for
those high risk even if lose not so bad still got those cash in FD
and policies.
I am not a financial planner but just a normal citizen doing my own
personal way of planning. Others may differ.
