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
Downfall of remittance inflow again
Time to rethink our fixed exchange rate policy.
Remittance plunged 21.47% in August
It came down to $1.59 billion from last year August's $2.03 billion
Remittance inflow falls 5.86% in July
Remittance inflow to Bangladesh fell 5.86 percent year-on-year to $1.97 billion in July, central bank data showed today.
A welcome step to utilise the diaspora
Government must build an effective mechanism to support its policy
Formal remittance outflow stood at $137m in 2022
Foreigners working in Bangladesh sent home $137 million in 2022, World Bank data showed although analysts believe the exact figure would be much higher since many people from other nations are employed in the country without valid permits.
Remittance hits 3-month high
Remittance flows to Bangladesh rose to a three-month high in June as expatriates sent home $1.79 billion in the first 23 days of the month to help their families celebrate Eid-ul-Azha.
Forex reserves cross $30 billion
Thanks to higher inflow of remittances for Eid-ul-Azha
Budget Subsidies: Big chunks go to power, fertiliser
The allocation for subsidies in agriculture, food, and power will be raised considerably in the next budget, with an aim to ease inflationary pressure on people.
Islami Bank remains top remittance collector
Islami Bank Bangladesh Ltd (IBBL) retained its top spot as the biggest remittance collector as it brought home the highest amount of funds sent home by migrant workers in January-March of 2023, official figures showed.
Remittance declines 16.27% in April
Migrant workers sent home $1.68 billion in October