Mahathir to testify over forex losses

Former Malaysian prime minister Mahathir Mohamad will today testify at the Royal Commission of Inquiry into foreign exchange losses suffered by the central bank in the 1990s when the country was under his watch.

Losses previously estimated at RM9.3 billion in the forex scandal is now believed to be slightly above RM32 billion, according to the testimony of former Bank Negara Malaysia governor Zeti Akhtar Aziz.

Experts' gathering on cyber security

The Singapore International Cyber Week kicks off today, with experts gathering to discuss cyber-security matters in the region.

This comes as the world is becoming increasingly digital, underscoring the importance of protecting the digital assets of individual users, companies and governments.

The event, which ends on Thursday, is organised by the Cyber Security Agency of Singapore.

Non-oil export figures for August

Data on Singapore's non-oil domestic exports (Nodx) last month will be released today. A poll of 10 economists conducted by Reuters found that they expect a fourth straight month of expansion.

United Overseas Bank economists said in a report that they expect last month's Nodx to have risen 10.8 per cent from the same month a year ago. This comes after Nodx grew 8.5 per cent in July from the same month a year earlier.