Remittance

Remittance

Remittance rises 21% in October

Migrant Bangladeshis sent home $2.39 billion in October

2w ago

Non-resident Bangladeshis can now get up to Tk 10 lakh in bank loans

Repayments will be made from the remittances sent home

1m ago

Remittance rises 80% in September

Migrant Bangladeshis sent in $2.40 billion in September, 8.12% higher than August

1m ago

Major economic indicators showing signs of improvement: MCCI

Imports, remittances and forex reserves are likely to increase, the leading chamber says

2m ago

Forex reserves decline by $1.3 billion in a month

Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago

3m ago

Banks asked to hike USD rate for inward remittance

The move was taken to boost remittance inflow

3m ago

Remittance jumps 15.59% in June

It hit $2.54 in June this year, up from $2.19 billion in the same month last year

4m ago

Bangladesh’s GDP to grow 5.7% in FY25

Bangladesh's gross domestic product (GDP) growth will decrease to 5.7 percent in 2024-25 from 5.8 percent in the current fiscal year while inflation will ease to 8 percent, according to the Mastercard Economic Institute (MEI).

4m ago

Saarc nations contribute below 1% of remittance to Bangladesh

Of the $21.61 billion remittance Bangladesh received in FY23, only $44.99 million came from Saarc countries

5m ago

Remittance rises 32% in May

$2.25 billion remittance came in May this year, up from last year same month's $1.7 billion

5m ago

Farashuddin recommends introducing unified exchange rate

He spoke at the third AKN Ahmed Memorial Lecture on Central Banking

8m ago

Remittance hits eight-month high

In February, migrants sent home $2.16 billion, up 39% year-on-year

8m ago

$12.9b in remittances received in last 6 months

Finance Minister Abul Hasan Mahmud Ali today told the parliament from July to July to January of the current financial year (2023-24), the country received some $12.9 billion ($12, 900.63 million) in remittances

8m ago

MFS transactions grow fourfold in five years

People made Tk 4,100 crore MFS transactions in 2023's December

9m ago

Remittance rises in January, highest in seven months

Migrant workers sent home $2.1 billion in January

9m ago

Bank MDs prefer moving to Canada’s Begum Para after retirement

Immediate past state minister for planning Shamsul Alam says

10m ago

Forex reserves fall after $1.27b ACU payment

Bangladesh’s foreign exchange reserves fell to $20.38 billion yesterday after the central bank settled import bills of two months through the Asian Clearing Union (ACU), a top official said today.

10m ago

Star, BRAC launch ‘Remittance Award’

To honour the contributions of migrant workers to the country’s GDP growth and their role in enriching foreign currency reserves, The Daily Star and BRAC have jointly initiated the “Remittance Award”.

10m ago