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E-commerce spend in SEA will grow from US$31 billion to US$120 billion by 2025: Facebook and Bain & Company study

By 2025, projected annual spend for online shopping in South-east Asia is expected to hit US$120 billion, Facebook and Bain & Company said.

17-year-old among four arrested over ‘SG Nasi Lemak’ group, which circulated lewd photos of women without their consent

The group has been set up for more than a year, and had over 44,000 members at its peak.

Singapore and Malaysia could be among five nations hosting World Cup in 2034

The other nations are Indonesia, Thailand and Vietnam, and other Asean members are welcome to take part.
American competitiveness was hurt by trade and geopolitical tensions, the WEF said.

Trump’s trade war means America lost the top spot as the world’s most competitive country

Singapore swooped in to take the No. 1 slot, according to a 666-page report from the World Economic Forum, which cited trade and geopolitical tensions.
Hong Kong jitters are sending investors to Singapore.

Goldman Sachs says $4 billion flowed out of Hong Kong to Singapore because of the protests

Protests in Hong Kong have raged for months now, and it's causing investors to move their money out of the city.
Independence-class littoral combat ship USS Gabrielle Giffords launches a Naval Strike Missile.

The Navy has a new ship-killer missile to take on China — and it just used it to sink an old warship

The US and Singapore navies conducted an exercise in the Philippine Sea to take out a decommissioned frigate.
A file photo shows an unidentified trader.

A rogue trader lost $320 million on wrong-way oil bets, prompting Mitsubishi to fire the person and alert police

The derivatives bets were unauthorized and disguised to look like customer trades, says Mitsubishi, which fired the employee this week.

Singapore retailer IUIGA agrees to stop using Muji’s name in marketing and promotional material

IUIGA has announced the decision to customers on its website as well.