Money Lenders in Miri - What is going on?

Why are there so many money lenders around Miri ?

They are basically ALL OVER the place

everywhere you look there is a LEGAL money lending shop

what about ILLEGAL ones ?..there must be thousands here

why like this?


[size=85]example[/size]

because of you…

because of my ‘high flyer’ lifestyle?

they want to copy people like me ?

:roll:

bank have lots of money. if lend out properly, ‘ahlong’ businesses sure die one.

but banks do not trust the common man. it prefer to do business only with big companies. tell them ‘social responsibilities’ they laugh in your face. they only lend you umbrella when it is dry and takes back the umbrella when it is pouring.

a bank with brain will know that it is small /medium businesses that runs 85% of the economy. it knows but it decides ‘not my problem’ and plays safe.

recently a well known bank announced closing down its commercial division all over Sarawak, what can i say except GOOOOOOOD ! this particular bank tells me , to open account must be recommended by other account holder and must deposit minimum few thousand dollars too.

I think it is more to do with the minimum wage…

it needs to be raised to AT LEAST RM 5000 per month.

your photo shows restoran haji tapah from p. pinang. is this the same haji tapah running Banana Leaf Restoran in miri?

that is just an example pic from google.
maybe i should drive around Miri today and take a few snaps

name and shame :lol:

You’re too coward to take photos which is why you resort to taking pics from Penang.

The picture was not taken from Penang.
Penang telephone number start with 04-XXXX…

[quote=“Chow”]Why are there so many money lenders around Miri ?

They are basically ALL OVER the place

everywhere you look there is a LEGAL money lending shop

what about ILLEGAL ones ?..there must be thousands here

why like this?


[size=85]example[/size][/quote]

Bro Chow, please do something to stop those illegal activities

everywhere I look there are these money lender shops…

Miri council should shut them all down!

Actually these money lender business is just a cover up for their “underground business”. In order to “clean” their money, they set up money lender shops so that they wont get catch by the authorities.

livedlooz said:
Actually these money lender business is just a cover up for their "underground business". In order to "clean" their money, they set up money lender shops so that they wont get catch by the authorities.
I noticed these places on every street corner in Miri..

Can the CM get rid of these ?

Illegal timber companies = gone
illegal alcohol = gone
illegal cigarettes = gone

Loan sharks are next!

livedlooz said:
Actually these money lender business is just a cover up for their "underground business". In order to "clean" their money, they set up money lender shops so that they wont get catch by the authorities.
couldnt agree more. nowadays its either these lending businesses or fancy cafes. see those fancy cafes that has literally no customers but is still going strong for months even years? and their shopowners are people you'd never think to run a coffee shop for the next 10000 years? yep..
Awesomian1st said:
livedlooz said:
Actually these money lender business is just a cover up for their "underground business". In order to "clean" their money, they set up money lender shops so that they wont get catch by the authorities.
couldnt agree more. nowadays its either these lending businesses or fancy cafes. see those fancy cafes that has literally no customers but is still going strong for months even years? and their shopowners are people you'd never think to run a coffee shop for the next 10000 years? yep..
you are right brah! that is something I always wonder about...

fancy cafe - crap food - no customers - HOW???