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THREE DAYS before Sept 11, 2001, Mohamed Atta, the man who piloted American Airlines flight 11 into the North Tower of the World Trade Centre (WTC) in New York, wired out a total of US$7,860 from two grocery stores in Maryland. On Sept 10, Marwan al-Shehri sent US$5,400 from a Greyhound bus terminal in Boston before he commandeered United Airlines flight 175 the next day, crashing it into the WTC South Tower. In both cases, the recipient of the funds was a terrorist support network based in the United Arab Emirates (UAE).
THE US and Malaysia have been working #147;very well together#148; in stopping and tracking down laundered money, said US embassy deputy chief of mission Robert A. Pollard, who also called on banks, financial institutions and corporations to help stem the tide of money laundering.
THE Malay Chamber of Commerce Malaysia (MCCM) and gBiz Consortium Sdn Bhd have signed a memorandum of understanding (MoU) for the development of a gBiz portal, an Internet-based information platform, aimed at providing a link between entrepreneurs and the gBiz users group.
In July, MBf Cards (Malaysia) Sdn Bhd launched its first Visa credit card and called it the Gaia card.
Survey says that corp[orations in Asia Pacific that are doing social work just to get on the good side of the government and opinion leaders are misguided - not only morally, it seems, but also in terms of business strategy.