IT's been relatively long time I am unable to turn my blog. Coincidentally, during that period, there were a lot head line news with regard to our community. Cheating Agent from Peninsular Plaza hit top most amidst several adverse news because we all migrant workers rely on them to send our hard earn money back home. We all knew that this business is not legal. But we have to use their service because no choice. We don't have banking service like our counterpart from other countries enjoy. Again, we all have to risk our hard earn money by using those agents.
Being Buddhist person, our people are quite optimistic until they are being cheated unfairly. Eventually, disaster news had arrived to us mercilessly. What happened to our unknown fellow citizen agent? They have made a good return business due to this illegal money transfer market. They may not survive without our help. Likewise, we may not be so easy to send back our money without their service. So we are inter-dependent. In such scenario, we keep put our faith in each other. We know that it's not a perfect route. We occasionally found some bitter taste with regard to unsuccessful money transfer which mostly can be settled later.
However, this time, it's not resolvable due to huge amount involved. The report said there are 4 to 5 million Dollar taken away by a greedy person. The problem is victims are unable to file at police due to illegal business. I never thought there would be such huge amount circulating by our agents. There were some news suggests that the Myanmar agents from peninsular plaza may not be survive without illegal effort. They cited the expensive rental fees of downtown plaza which is reported about SGD 5,000 per room. Some analyst guess they are part of money laundering coming from Myanmar's generals back home. Some shops were founded by some Myanmar tycoons and generals. No matter the shops are making profit or lose for them so long as they can make some legal money source for them in order to avoid possible future prosecution against them.
Since, the wide spread biggest cheat story, there have been most scare in money transfer through our agents. Some are still crying for their lost hard earn money. In mitigation of their grief, some got back half amount. Those who escape from this incident became more cautious when money transfer time is getting in mind. At the same time, there are news saying Myanmar government is planning to set up some bank to help it citizen transferring money without worry. It's good news and it follow the most interesting news of income tax free policy. Fortunately, our government have thought of our plight oversea and we welcome such news with both arms. It's impossible for us and even we don't believe the new first come out by thinking just rumors. Anyway I am sure it may ease our life in foreign land. Meanwhile, I read news saying MFA will audit on the shops of peninsular plaza in the wake of shock cheat Burmese stories.
May all my fellow citizen able to transfer their hard earn money without worry.
Being Buddhist person, our people are quite optimistic until they are being cheated unfairly. Eventually, disaster news had arrived to us mercilessly. What happened to our unknown fellow citizen agent? They have made a good return business due to this illegal money transfer market. They may not survive without our help. Likewise, we may not be so easy to send back our money without their service. So we are inter-dependent. In such scenario, we keep put our faith in each other. We know that it's not a perfect route. We occasionally found some bitter taste with regard to unsuccessful money transfer which mostly can be settled later.
However, this time, it's not resolvable due to huge amount involved. The report said there are 4 to 5 million Dollar taken away by a greedy person. The problem is victims are unable to file at police due to illegal business. I never thought there would be such huge amount circulating by our agents. There were some news suggests that the Myanmar agents from peninsular plaza may not be survive without illegal effort. They cited the expensive rental fees of downtown plaza which is reported about SGD 5,000 per room. Some analyst guess they are part of money laundering coming from Myanmar's generals back home. Some shops were founded by some Myanmar tycoons and generals. No matter the shops are making profit or lose for them so long as they can make some legal money source for them in order to avoid possible future prosecution against them.
Since, the wide spread biggest cheat story, there have been most scare in money transfer through our agents. Some are still crying for their lost hard earn money. In mitigation of their grief, some got back half amount. Those who escape from this incident became more cautious when money transfer time is getting in mind. At the same time, there are news saying Myanmar government is planning to set up some bank to help it citizen transferring money without worry. It's good news and it follow the most interesting news of income tax free policy. Fortunately, our government have thought of our plight oversea and we welcome such news with both arms. It's impossible for us and even we don't believe the new first come out by thinking just rumors. Anyway I am sure it may ease our life in foreign land. Meanwhile, I read news saying MFA will audit on the shops of peninsular plaza in the wake of shock cheat Burmese stories.
May all my fellow citizen able to transfer their hard earn money without worry.
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