Remittance

Remittance
Forex reserve still in standard level: BB governor

Forex reserve still in standard level: BB governor

Bangladesh Bank (BB) Governor Fazle Kabir on Monday said that the country's foreign exchange reserves are still in a standard level.

Remittance

Cash incentive on remittance to remain unchanged at 2.5pc

Keeping the rate of incentive on sending remittance unchanged at 2.5 per cent in the fiscal year 2022-23, finance minister AHM Mustafa Kamal has hoped that a satisfactory growth of remittance will be ...

Remittance

Remittance through banks, not hundi Upcoming budget must have specific guidelines: Experts

Experts fear that the prevailing economic crisis would go downhill if the upcoming budget does not contain specific guidelines regarding the issue.

Hassle of sending overseas remittance must be eased

Hassle of sending overseas remittance must be eased

If there can be a change in the overall management, then we can hope that the expatriates will be more responsible. This will have an impact on overseas remittance and manpower export.

US dollar bill

BB allows banks to fix dollar price

Bangladesh Bank has withdrawn the ceiling of the dollar price earlier enforced to bring in remittance, the central bank's spokesperson Sirajul Islam has confirmed

Bundles of banknotes of US dollars

Remittance decreases amid dollar crisis

Inward remittance has decreased by 13 per cent after the government fixed the rate of dollars. Expatriates have sent a total of 1.88 billion US dollars in May, which is less than April this year and ...

Pressure mounts on forex reserve

Pressure mounts on forex reserve

Bangladesh has registered a 44 per cent jump in import spending in the July-March period as shipping costs as well as prices of consumer products, raw materials and fuel went up to a significant ...

Remittance inflow rises ahead of Eid

Remittance inflow rises ahead of Eid

Bangladesh Bank (BB) is expecting that the figure will exceed USD $ 2 billion as expatriates are sending additional money for their relatives ahead of Eid-ul Fitr

People crowd in front of the Trade Corporation of Bangladesh (TCB) truck to buy the essential commodities at fair prices. The picture was taken from Hatirpul area in Dhaka on 16 March.

Bangladesh Economy: Warning signal in four indicators

The economy of Bangladesh seems to have taken a serious hit from the Covid-19 pandemic and subsequent global tension triggered by the Russian invasion into Ukraine as at least four significant ...

BRAC Bank honours remittance champions of Munshiganj

BRAC Bank honours remittance champions of Munshiganj

BRAC Bank creates awareness about remittance inflow in the banking channel

Editorial

Expatriate worker deaths on the rise, yet govt remains impervious

We do not want to see a miserable scenario for the people whose remittance is boosting the country's economy. The government's nonchalance towards the expatriates must end.

Migrant workers, mostly from Bangladesh, queue to collect free masks and get their temperatures taken in Singapore on 23 February 2020

Covid impact Migrant worker families dip into savings

Relatives of expatriates withdraw a major portion of the money sent from abroad. The rest of the money is deposited in the bank. As a result, the growth rate of money deposited by expatriates in ...

How BRAC Bank strengthens its remittance network

How BRAC Bank strengthens its remittance network

Each and every Bangladeshi in any corner of the world can easily send money through BRAC Bank.

Remittance

Remittance drops by $3.25b in 8 months of FY22

Bangladesh’s remittance inflow decreased by $284.5 million to $1496.09 million in February of 2021-22 fiscal compared with the same month of last fiscal year.

Expatriate workers

98 more Bangladeshi workers leave for South Korea

Some 98 more Bangladeshi workers left for South Korea from Hazrat Shahjalal International Airport in Dhaka via chartered flights operated by a Korean air company

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