• The Journal of Asian Finance, Economics and Business
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• v.8 no.5
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• pp.265-275
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• 2021

This study's motivation is to investigate the association between the stock market, remittance, and the pandemic of COVID-19 for the period from March 3, 2020, to December 14, 2020. For evaluating the impact of COVID-19 and remittances on stock market behaviour during the pandemic, the study applies Autoregressive Distributed lagged (ARDL) for magnitudes estimation and directional association through the Toda-Yamamoto causality test. Study findings from ARDL estimation revealed that COVID-19 measured by detecting new cases negatively influences the stock market both in the long-term and short-term. Remittance positively influences the stock market behaviour, particularly in the long-term. Furthermore, the directional causality test disclosed unidirectional causal effects between COVID-19 and the stock market behaviour, which establishes all proxy measures for the equation's stock market. The hypothesis results explain the causal relationship between remittance inflows and the stock market in Bangladesh. The study's application will help policymakers rethink the policies for channelizing remittances for productive investment areas. Furthermore, the study's findings will reinstate the widely perceived notions, which is the critical role of remittance in the economy even though the economy passes through a great pandemic.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.917-929
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• 2021

This study highlights the importance of remittance, the factors which affect the percentage of income remitted, and the investment options available to reduce remittance. For the year 2019, the remittances from Oman totaled $9.1 billion. Oman was among the top remitters with remittance to gross domestic product (GDP) ratio of 11.9%. A survey was conducted on 300 resident expats in Oman. The descriptive analysis shows that the maximum remittance percentage is between 21%-40% of income. The multinomial logistic regression results show that outward remittance depends on gender, age, occupation, number of dependent in Oman, and the number of dependent in the home country. Regarding investment, the most preferred investment option is business, followed by real estate and financial services. Age and education are found to affect investment options. This paper tries to fill the literature gap, especially for the case of Oman, by exploring what determines the level of remittance and the preferred choices for retaining funds. This study adds to the existing literature, as no previous study is available regarding how personal factors can influence the level of remittance and investment in a small oil-exporting developing country like Oman. The study will be helpful to policymakers and academicians in devising policies to retain and invest the outwards remittances in Oman.

• Proceedings of the Korean Society of Machine Tool Engineers Conference
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• 2004.04a
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• pp.494-499
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• 2004

A ion source using inductively coupled plasma has been tested in order to test its feasibility as a high brightness ion source for focused ion beam. When operating the ion source with filter magentas in front of plasma electrode for a negative ion source, lower remittances are expected. Extracted beam remittances are measured with an Allison-type scanning device for various plasma parameters and extraction conditions. The normalized omittance has been measured to be around 0.2$\pi$mmmrad with beam currents of up to 0.55 ㎃. In particular, noting that multicusp magnets have a role in decreasing the remittance as well as increasing plasma discharge efficiency, transverse magnetic field has been confirmed to be a useful tool fur decreasing remittance via electron energy control.

• Journal of Korea Trade
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• v.25 no.2
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• pp.111-133
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• 2021

Purpose - Although remittance payment in international trade settlements has played a bigger role in recent years, scant research is being done. This study is to zero in on analyzing determinants of international trade payments focused on remittance by constructing a payment prediction model. Design/methodology - This study categorizes the types of trade payments into advance remittance, post remittance, linked remittance, letter of credit, and mixed payment, and analyzes these after constructing a logit model. For empirical analysis, 147 survey data were collected for export manufacturers in Korea, and binominal logistic regression analysis was used to analyze the type of payment method the exporter chooses for trade transactions. Findings - The likelihood of choosing advance remittance increased as the exporters had non-recovery experiences with payments, and decreased as the market power of importers increased. The possibility of post remittance increased when the export amount was large and the character of the buyer was reliable. In the case of linked remittance, it was highly likely to be selected when payment efficiency was important in trade settlement. In addition, when competition among companies in the global market is intense and market uncertainty is high, the possibility of using a letter of credit decreases. It was also found that the greater the export amount, the greater the possibility of choosing advance remittance, and even if the transaction period was longer, exporters using a letter of credit continued to use it. Originality/value - Despite the high proportion of remittances in international trade settlements, it has been hard to find studies that reflect the practical characteristics of remittances. This study classified the types of remittance into advance remittance, post remittance, and linked remittance, and built a trade payment prediction model by adding a letter of credit and mixed payment. In addition, the originality of this study is recognized in that a logistic model was constructed and meaningful results were derived.

• IE interfaces
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• v.18 no.3
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• pp.268-276
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• 2005

In recent years, the money Laundering crimes are increasing by means of foreign exchange transactions. Our study proposes four scoring models to provide early warning of the laundering in foreign exchange transactions for both inward and outward remittances: logistic regression model, decision tree, neural network, and ensemble model which combines the three models. In terms of accuracy of test data, decision tree model is selected for the inward remittance and an ensemble model for the outward remittance. From our study results, the accumulated number of transaction turns out to be the most important predictor variable. The proposed scoring models deal with the transaction level and is expected to help the bank teller to detect the laundering related transactions in the early stage.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.16 no.6
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• pp.287-297
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• 2021

The goal of this study is to investigate and provide information to the Fintech Industry on the main factors responsible for customer loyalty via the mediating effect of customer satisfaction. Secondly, providing traditional banking reasons for customer shifts from banking to Fintech, therefore these factors could be more focused. The consumer choices presented in this study can thus serve as a foundation for further research into post-adoption behaviors associated with Fintech for cross-border payments. This study examines consumer evaluations of how key attributes of fintech using mobile payment services affect their choice by using a conjoint analysis approach, which allows for the approximation of user preferences for specific features. In our study we have used SPSS 26 to test the reliability and mediation effect on the sample size of 348 people who regularly used Fintech for cross border payments. All the questionnaires were prepared if the customers were given fintech as an option instead of traditional banks to send their remittances abroad. The result shows that(Service Quality, Customer's trust and product quality) effecting customer satisfaction significantly would be very helpful for the current fintechs working for home remittances to improve these factors and would serve as a benchmark for the upcoming fintech startups and traditional banks to focus on these factors and catch up the fintech Industry. Finally, it is argued that, in order to be successful, focusing on service quality, customer trust, and product quality triggered customer loyalty for the Fintech in comparison to other traditional options for cross-border payments via the mediation effect of customer satisfaction.

• Convergence Security Journal
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• v.20 no.3
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• pp.71-78
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• 2020

Bitcoin-based blockchain technology provides an infrastructure that enables anonymous smart contracts, low-cost remittances, and online payments. However, the block-chain technology that implements the bitcoin has scalability constraints in tradeoffs between throughput and latency. To solve these problems, the Byzantine fault tolerant block-chain technique has been proposed. This technique improves throughput without increasing latency by selecting a leader and constructing many microblocks that do not contain proofs of work within the existing block by the leader. However, this technique may be less secure than existing techniques in selecting the reader.

• Journal of the Korean association of regional geographers
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• v.14 no.2
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• pp.141-158
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• 2008

The goal of this paper is to analyze Korean migration to the Russian Far East(RFE) from the perspective of transnationalism. The analysis suggests that the Korean migrants could have constructed their transnational identities using the following practices: religious ritual, language uses, collective remittances, ethnic businesses, immigrant newspapers, and immigrant associations. In particular, the Korean migrants could have retained transnational interconnection between the places of origin and destination even without the process of globalization, which is regarded as an inevitable incentive to transnationalism in the literature. The Korean case indicates that the contextual changes in the sending and receiving countries, for instance, the establishment of a Japanese protectorate over Korea and the Russian Revolution, significantly facilitated the formation of transnational relationships among the Korean immigrants.

• Acta Via Serica
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• v.5 no.2
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• pp.111-140
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• 2020

This paper focuses on the emerging patterns of educational mobility and unskilled labor migration from Uzbekistan to Japan and South Korea. Labor migration and educational mobility are becoming the next "horizon" in the expanded relationship between East and Central Asia, powered by several factors, including the efforts by Japan and South Korea to build "original" people-oriented policy engagements with the region and the demand from Central Asian states, such as Uzbekistan, to provide more labor opportunities to their young and growing populations. This paper presents the initial findings of a pilot survey that explores and occasionally compares the experiences of Uzbek migrants to Japan and South Korea, using datasets of face-to-face interviews related to various aspects of life in Japan and South Korea. The interviews were conducted face to face and online (Telegram, Skype, etc.) with 66 migrants and Japanese language school students (whom this paper treats as labor migrants masquerading as students) in Japan from November 2019 to January 2020 as well as online with 30 laborers and students in South Korea from August to September 2020.

• Journal of Contemporary Eastern Asia
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• v.19 no.2
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• pp.40-60
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• 2020

Among Filipino entertainers in Japan, trans women (transgender women) or transpinay (Filipino trans woman) entertainers remain understudied compared to cisgender women. Though the number of entertainers has declined, transpinay entertainers remain relevant as transgender issues continue to be salient globally. This study explains the gendered experiences of the transpinay migrants, particularly in entertainment work and their relationships, which are different from cisgender Filipino women entertainers' experiences. Using grounded theory and drawing on concepts of performativity in interactions to analyze the narratives of transpinay entertainers, I delve into how transpinay entertainers negotiate their gender and migrant identities as they establish professional and personal relationships. Moreover, the transpinays' entertainment work is a significant contributing factor to their sense of belonging in Japan, as they form relationships with colleagues, clients, and partners who support them and, thereby, sustain their lifestyles as trans women. The transpinay entertainers' flows of migration between Japan and the Philippines reveal that they embrace various aspects of social remittances and use them to their advantage to create and enhance their transpinay identity in Japan. By examining the transpinays' migrant experiences, this study aims to elucidate the gendered experiences of transpinay entertainers, which involve significant negotiations in their migration pathways notably different from cisgender Filipino women entertainers, reveal resilience.