Pakistan’s powerful military establishment is under rare scrutiny from the country’s top court, which after a gap of 16 years has opened an investigation into allegations the army funneled money to politicians to influence elections. (rwad on here …)
MoneyGram International , a leading global money transfer company, and India Post, the largest distribution postal network in the world, today announced that their existing agreement to offer money transfer services through India Post outlets has expanded from an initial 100 locations to more than 650 locations across the country. (read the story …)
Asian stock investments backfired on Goldman Sachs Group Inc. (GS) last year, causing the Wall Street firm to lose money in the region for the first time in three years. (rwad on here …)
The Telegraph puts hi-tech payments to the ultimate test. (read more…)
The Anti-Money Laundering Office insisted that the Financial Action Task Force intergovernmental organization has not added Thailand to its blacklist. (read the story …)
Islamabad, Feb 18 (ANI): Pakistan has termed the international money laundering watchdog's decision to blacklist it as "unjustified and unreasonable," insisting that the government believes it has already met all international standards regarding amendments to the Anti-Terrorism Act. (the story here…)
Thai businesses could suffer enormous losses if Thailand fails to strengthen its legal and regulatory framework against money laundering, warned local financiers and regulators. (the story here…)
Drive to save money could increase bureaucracy. (read more…)
PHOTO – A Malaysian Gen-Y vox pop respondent: fashion writer, Linda Kwan. (read more…)
