remittance
Remittance hits four-month high
Migrant workers sent home $1.98 billion in October
1 November 2023
Remittance hits 41-month low
$1.34 billion came in September, lowest since April of 2020
1 October 2023
All that went wrong for Bangladesh’s economy
Clearly, the major economic challenges facing Bangladesh are results of inadequate and incorrect policies.
11 September 2023
Downfall of remittance inflow again
Time to rethink our fixed exchange rate policy.
4 September 2023
Remittance plunged 21.47% in August
It came down to $1.59 billion from last year August's $2.03 billion
3 September 2023
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.
1 August 2023
A welcome step to utilise the diaspora
Government must build an effective mechanism to support its policy
28 July 2023
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.
20 July 2023
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.
26 June 2023
Forex reserves cross $30 billion
Thanks to higher inflow of remittances for Eid-ul-Azha
21 June 2023
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.
30 May 2023
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.
20 May 2023
Remittance declines 16.27% in April
Migrant workers sent home $1.68 billion in October
2 May 2023
Remitters sent home $2.02 billion in March
The amount is a seven-month high
2 April 2023
Why the fall in remittances?
Take concrete steps to address loopholes in the system
4 March 2023
Remittance rises 4.46% in February
However, February's remittance of $1.56 billion was 20.3 per cent lower than the previous month's $1.95 billion
1 March 2023
Declaration not needed to send remittances up to $20,000
According to the Guidelines for Foreign Exchange Transactions 2018, a declaration is not required against inward remittances up to $10,000 or its equivalent.
22 February 2023
How USA becomes top remittance source beating Saudi Arabia
The USA has 5 lakh Bangladeshi migrant workers and Saudi Arabia 20 lakh
21 February 2023
USA continues to be Bangladesh's top source of remittance
Bangladeshis in the North American country sent home $966.89 million in the October-December period of 2022
19 February 2023
How much do we know about our emerging ‘new rural’?
“New rural” will be a critical player in the next chapter of Bangladesh’s transformation.
10 February 2023