remittance Bangladesh

Taking up nursing as a profession: Here’s All You Need to Know

Nurses are professionals who act as a constant support system in treating the ill, elderly, and injured with an unbelievable amount of kindness, compassion, and respect. Often referred to as the heart of the healthcare system, nursing is among the very few professions in the world that work round the clock and all around the year.

Remittance up on Eid cheer

Remittance inflows hit a seven-month high in March as expatriate Bangladeshis sent more money home for Ramadan and Eid-ul-Fitr.

Banning hundi won’t solve Bangladesh’s forex problem

Eminent economists have blamed the hundi market for the sorry state of Bangladesh’s forex reserves and the downward pressure on our exchange rate.

Puzzling case of more migrants and less remittance

The following year, 757,731 migrant workers left the shore. But the remittance receipt was 10.9 percent lower at $13.61 billion.

Remittance flow hits five-month high

Remittance flow to Bangladesh rose to a five-month high in January as banks have given all-out efforts to mobilise dollars from abroad to tackle the stress in the foreign exchange market.

Our fiscal space is narrowing fast

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

Denial syndrome is hampering our economic policies

Interventions must involve fiscal policy to address our fundamental economic issues

Denial syndrome is hampering our economic policies

Interventions must involve fiscal policy to address our fundamental economic issues

Remittance lowest in seven months

Despite a surge in the outflow of migrant workers, remittances to Bangladesh declined 11 percent year-on-year to $1.54 billion in September, the lowest in seven months.

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.

August 25, 2022
August 25, 2022

IMF Loan Talks: Here's how we need to prepare

The economy needs firm handling to ensure the situation doesn't turn into a crisis.

August 12, 2022
August 12, 2022

Do our remittance earners deserve such disrespect?

Airport and Biman officials must provide quality service to all

July 25, 2022
July 25, 2022

US$ 1.64bn remittance received in 21 days of July: Bangladesh Bank

Bangladesh received US$ 1.64 billion inward remittance till July 21, due to  Eid-ul-Azha when Bangladeshi migrants sent more money to families to celebrate one of the biggest festival of Muslims, according to data from Bangladesh Bank.

July 3, 2022
July 3, 2022

Remittance falls to $21.03 billion in FY2022

Inward remittance to Bangladesh fell by 15 per cent year-on-year to $21.03 billion in the just-concluded fiscal year, intensifying pressure on the country’s macroeconomy, central bank data showed today.

June 30, 2022
June 30, 2022

Remittance to rise significantly next fiscal year

Remittance inflow may rebound significantly in Bangladesh in 2022-23 fiscal year as increased number of people flew abroad for jobs, Bangladesh Bank (BB) Governor Fazle Kabir said today.

June 13, 2022
June 13, 2022

Dip in remittance: Hundi at play again

Remittance inflow fell in 11 months of the current fiscal year mainly because a large number of migrants switched to informal channels like hundi from formal ones for sending money, say experts.

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. 

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