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> Indonesia: We can damage Singapore wealth industry, with help of our Chinese tycoons News

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mirage2000
post Jul 26 2016, 09:06 AM

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Lol songlap expert country always talk big
munak991
post Jul 26 2016, 09:12 AM

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When there's gold mine.

Find any way to dig only
galaxy_2088
post Jul 26 2016, 09:14 AM

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Singapore dollar is free floated, market determined.
Singapore has wealth management.
Singapore has hedging facilities.
SGD is a good shelter if local currency depreciate.
Freedom of movement of money with no questions ask.
patnam
post Jul 26 2016, 09:16 AM

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Singapore is the safe-haven for the ethnic Chinese who are rich and talent...
XIII
post Jul 26 2016, 09:18 AM

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So...

1) Bring back monies
2) Redo another '98
3) ???
4) PROFIT!!
hyperyouth_firepower
post Jul 26 2016, 09:19 AM

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Its a gold mine for Indonesia. I doubt these tycoons want to 'return', since there's no guarantees that Indonesia will honour the agreement (and besides, who would be stupid enough to admit that they moved their money before? It would just be literally presenting themselves in a silver platter right to the mouth of a tiger / crocodile / lion / whatever).

They underreported what happened in 98. That tragedy was real. Many people were beyond hurt. Entire families destroyed, daughters and mothers mass raped, brothers and fathers hacked beyond recognition.

Sure, there are lucky ones. There will be patriotic ones who stay with indonesia despite the crap shit they go through. But those who were lucky enough to escape, you think they'll go back just like that?

Its the same with what Malaysia did with "come home you pros" scheme (where trying to woo back the top gun pros in all industries to come back to serve in Malaysia), when quite a number of these people who left Malaysia (especially the non Bumis) did not benefit from the NEP (education, grants, etc).

Its a damage that needs a lot to do to reverse, to undone.
mw1980
post Jul 26 2016, 10:32 AM

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lol it's not the laws, it's the people problem.
sniper on the roof
post Jul 26 2016, 10:40 AM

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QUOTE(L_nette @ Jul 26 2016, 08:57 AM)
Indog and malingsial. Both country politician same pattern
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Same kennel
homicidal85
post Jul 26 2016, 10:43 AM

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wtf is indonesia on about?
sniper on the roof
post Jul 26 2016, 10:44 AM

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QUOTE(homicidal85 @ Jul 26 2016, 10:43 AM)
wtf is indonesia on about?
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Same old... politicians thinking ppl became rich for being stupid.
SUSPLOUFFLE
post Jul 26 2016, 10:46 AM

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QUOTE(nearlee @ Jul 26 2016, 08:22 AM)
Just came back from Jakarta
Traffic macham taik
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Go there for?
SUSbudakdegilz
post Jul 26 2016, 10:50 AM

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china again will come to rescue one of ASEAN country
all hail ji xinping notworthy.gif

user posted image

chinese mainland money are far more bigger
compared to chinese indonesian
that been park inside singapore financial sector
RicoT
post Jul 26 2016, 10:53 AM

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In Singapore, ada lui, ada amoi, ada protek, ada bungalow. Why go back Indon? Now manyak lui orang in retirement mode dy.
differ
post Jul 26 2016, 10:53 AM

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Indonesian govt doesn't have the mechanism nor political will to investigate and prosecute those that don't repatriate the full or partial amounts also la...

I think they also know this and are just hoing that a target % will flow back.
Sethmaster
post Jul 26 2016, 10:54 AM

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China mostly parked their money in Europe lar.

Just like Malaysian Muslim scholarship funds and "charities".

This post has been edited by Sethmaster: Jul 26 2016, 10:55 AM
0168257061
post Jul 26 2016, 10:59 AM

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boycott chinese
now ask chinese help


TOPKEK
neoexcaliber
post Jul 26 2016, 11:00 AM

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Interesting that they didn't declare what would happen to those who refuse to accept the offer.
Lyu
post Jul 26 2016, 11:03 AM

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Shameless shit pipu...

They caused harm to the Chinese ethnic pipu, knowingly that Chinese ethic pipu are rich, they shamelessly try to bring them back....


Jasonist
post Jul 26 2016, 11:05 AM

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desperate for money now Indon... what has been damaged is damaged... nothing can be done and forgiven...

once a pukimak always a pukimak
hyunterx
post Jul 26 2016, 11:07 AM

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At most can do air pollution damage only
You think spore only layan your 'Chinese tycoons' meh

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