remittance
Remittance rises 14% in November
However, November’s inflow of $2.2 billion was 8.16% lower than the previous month
Remittance rises 21% in October
Migrant Bangladeshis sent home $2.39 billion in October
The relation between corruption and remittance
Many are sympathetic towards migrant workers for justifiable reasons.
Remittance hit $24b in FY24, highest in three years
After hovering around the $21-billion mark for the previous two fiscal years, total remittances sent home by Bangladesh’s migrant workers reached nearly $24 billion in the just concluded fiscal year of 2023-24, providing some breathing space amid the forex crunch.
UAE emerges as top remittance source for Bangladesh
Bangladesh received the highest remittance from the United Arab Emirates in the first 10 months of the outgoing fiscal year, well ahead of traditional powerhouses such as Saudi Arabia and the United States, central bank figures showed.
Why are so many seeking asylum in Europe?
Economic, political failures major drivers behind the surge
Can Bangladesh boost agriculture production to reduce import?
Bangladesh's economy heavily depends on garment exports and remittances for its foreign exchange reserves, with limited diversification in agricultural products. Despite being an agrarian society, it imports key agriculture-related products, straining reserves.
We must protect vulnerable migrants
Alarming revelation about undocumented workers in Libya raises questions
Suspicious transaction, activity reports in banks up 65% in FY23
Suspicious transaction and activity reporting shot up 65 percent year-on-year to 14,106, with 91 percent of the reports filed by scheduled banks, according to the annual report of BFIU
Policy actions can aid reintegration of returnee migrants
The return and reintegration of migrants is an integral part of the migration cycle
Integrating Bangladeshi diaspora with our growth story
Bangladesh has long relied on its diaspora's remittances, accounting for 4.76 percent of GDP in 2022-23 – the true potential lies in fostering deeper engagement
Hundi at play in dipping remittance inflow: Bangladesh Bank
The remittance experienced a sharp decline—13.5 percent year-on-year—when it hit $4.91 billion in the July-September quarter of 2024, down from $5.67 billion in the same period previous year, according to the quarterly data of the central bank.
Remittances climb, buoyed by higher exchange rate
The inflow of remittance to Bangladesh increased 21 percent year-on-year to $1.93 billion in November as most banks are offering higher rates for the US dollar to boost foreign currency collection.
Remittance inflow climbs 21% in November
Migrant workers sent home $1.93 billion in November this year, which was $1.59 billion in the same month last year.
Exchange houses won’t get higher than banks’ fixed rate for a dollar: BB
The central bank sits with top 10 foreign exchange houses
Relaxed incentive rules send remittance to a four-month high
Migrant workers sent home $1.98 billion in October, a four-month high, as banks stepped up efforts to woo more remittance buoyed by a relaxed central bank rule on incentive, a development that is expected to give some relief to a country reeling under the foreign exchange crisis.
Remittance hits four-month high
Migrant workers sent home $1.98 billion in October
Remittance hits 41-month low
$1.34 billion came in September, lowest since April of 2020
All that went wrong for Bangladesh’s economy
Clearly, the major economic challenges facing Bangladesh are results of inadequate and incorrect policies.