If I was a RICH business man from Indo. with Money Parked in Singapore.

Why would I need to repatriate the MONEY back to Indonesia ??

Business Expansion.

Loan Money from Singapore at a LOWER Rate. Sent to Indo for my Business. Use my Fixed deposit as collateral. Business go bust in Indo. ? Blame it on Indo.


Bank Returns ( More Returns from Bank or Govn Securities )

Better interest rates from Govn securities and Banks ? Note the Exchange Rate. Interest of 4 to 5 % can be wipe OUT from Currency Exchange. Risk ?

Plus > Singapore Currency has been steady or appreciated again US$. So earn too.

Under ground Business ??

Likely the reason. So ..............

Why not attract the Middle East / South American business ?

This post has been edited by sunshine-kc: Jul 26 2016, 01:22 PM

They did not LEAVE.

They where FORCED out !!! ( Quek, Shaw Bros, Wilmart, etc )

So the ELITE Malays can take over their BUSINESS.