Faithin Omaha eBook Collection

Download or read book The Malaysia-Indonesia Remittance Corridor written by and published by World Bank Publications. This book was released on 2008-01-01 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Malaysia, Indonesian migrants are showing an increasingly clear preference for informal transfer mechanisms compared to their counterparts in other countries. A little less than half of all Indonesian migrants overseas&—thought to be around 2 million&—are working in Malaysia. An increasing number of migrants are women, and the corridor is also marked by a high number of undocumented migrants. Despite the increasing flows of migrants, only about 10 percent of the estimated flow of remittances into Indonesia from Malaysia is transferred through the formal system. The extent of the preference fo.