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Volume & Issue no: Volume 3, Issue 7, July 2014

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Title:
What has driven remittance activity of the Indonesian migrant worker in Hong Kong; a study to formulate a proper business strategy To capture the business opportunity
Author Name:
Yunisyaaf Yunizal Arief
Abstract:
ABSTRACT This research was conducted to study the things that encourage remittances by Indonesian workers in Hong Kong. The results can be used as a basis for preparing a felicitous strategy to increase remittance activity of Indonesian workers in Hong Kong to Indonesia. The results showed that 61% of motivation to perform a money transfer is influenced by agent variables (X2), the fees and the exchange rate of the Hong Kong dollar to rupiah, which is still perceived to be a burden, meanwhile the remittance processing speed is not very influential. Furthermore, remittances from workers seems to be reinforced by activities to offshore savings and to conduct money transfers to family needs. Field of Research: Remittance activity; Indonesian worker remittances
Cite this article:
Yunisyaaf Yunizal Arief , " What has driven remittance activity of the Indonesian migrant worker in Hong Kong; a study to formulate a proper business strategy To capture the business opportunity" , International Journal of Application or Innovation in Engineering & Management (IJAIEM) , Volume 3, Issue 7, July 2014 , pp. 052-057 , ISSN 2319 - 4847.
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