remittance earnings

November 21, 2022
November 21, 2022

Our fiscal space is narrowing fast

Both global and local macro-challenges can have serious implications for the people of Bangladesh

September 20, 2022
September 20, 2022

What's so wrong with hundi?

The central bank’s deviation from the policy commitment is the main reason why hundi-makers mushroomed at home and abroad.

September 11, 2022
September 11, 2022

The unjust and discriminatory face of corruption

The cost of grand corruption in Bangladesh is only continuing to go up.

September 2, 2022
September 2, 2022

Robust remittance, exports to ease pressure on external sector

Migrant workers and Bangladeshis living abroad sent more than $2 billion in each of the first two months of the current fiscal year, a promising sign for the economy.

June 12, 2022
June 12, 2022

High and low tide of inward remittance

Till the end of May our inbound remittance totaled $19.19 billion, $3.6 billion dollar less than that last year. With the current downward trend, in an optimistic estimate, we can eye a near $21 billion by the end of the financial year which would be 15 per cent less on a year-on-year basis. But based on this figure alone will it be justified to arrive at a decision that the magic of remittance have waned, we have run out of means to fill the increasing trade gaps, and are quickly embracing a bleak financial future? Before siding with a yes or a no let us revisit the trend of remittance flow. 

May 24, 2022
May 24, 2022

Remittance: No need to submit papers to get incentive

Bangladesh Bank yesterday relaxed the rules related to a 2.5 per cent cash bonus offered as an incentive to remitters if they send money home through official channels.