All Finance
Holy Shab-e-Qadr today
Soon the situation in Chittagong Hill Tracts will be calm: Obaidul Quader
KNF attack to loot money and show capability: RAB
Kidnapped manager of Sonali Bank returns to his family
Home Minister to visit Bandarban tomorrow to inspect situation
Ministry urges everyone to be sincere in the service of remittance warriors
Own Correspondent, Dhaka, 24 March 2024: State Minister for Expatriate Welfare and Foreign Employment Shafiqur Rahman Chowdhury has urged everyone to be more sincere in serving the remittance fighters. Stating that the image of the ministry depends on the service and use of the new recruits, he said, remittance fighters come to you with a lot of hope and hope to serve. The more comfortably you serve them, the brighter the image of the ministry will be.
Foreign Minister calls on Saudi expatriates to send remittances through legal channels
Own Correspondent, Dhaka, March 9, 2024: Foreign Minister and Awami League Joint General Secretary Dr. Hasan Mahmud has called upon Bangladeshi expatriates in Saudi Arabia to send remittances to the country legally.
Expatriates' remittances are key drivers of the economy: PM Hasina
Own Correspondent, Dhaka, 16 January 2024: Awami League President and Prime Minister Sheikh Hasina said that diaspora made a big contribution in creating global public opinion in the freedom struggle. Expatriates have contributed in every movement-struggle, liberation war. Now remittances sent by expatriates are the main driving force of the economy of Bangladesh. She said these things in an exchange meeting with expatriate Awami League leaders and activists at Ganobhaban on Tuesday afternoon.
Looking for structural reforms to boost remittances: Finance Minister
Own Correspondent, Dhaka, 25 September 2023: Finance Minister AHM Mustafa Kamal has said that the government is looking for structural reforms to increase remittances.
Daily remittances before Eid-ul-Azha are Tk 694 crore
Dhaka, June 19: Ahead of the holy Eid-ul-Azha, the pace of expatriate income (remittance) has increased. About 6.40 crore USD or 694 crore taka (about 108 taka 50 paise per dollar) is coming to the country every day in this month of June. If the trend of remittances continues, it will reach close to two billion (over $191 crore) by the end of the month.
Remittance worth Tk 17,000 crore received in February
Dhaka, March 2: Bangladesh Bank has taken various initiatives to increase remittances through banking channels. Incentive on remittances increased from two percent to two and a half percent. However, remittances (expatriate income) are not coming to the country as expected.
Bangladesh recording daily remittances in excess of Tk 688 crore
Dhaka, February 14: Remittance flows have started to turn positive. In the first month of this year, Bangladeshi expatriates in different countries of the world sent remittances of 195.88 crore US dollars to the country. Which is more than 20 thousand 959 crores in Bangladeshi currency (as 107 taka per dollar). According to that, the average daily remittances are more than 6.31 crore dollars. In the previous month of December, remittances came in at 169 crore dollars.
Expatriate income increases
Dhaka, February 2: In the midst of the dollar crisis, there is a breath of fresh air in expatriate income. In the first month of this year, January, remittances of 195.88 crore dollars have arrived. In Bangladeshi currency (with per dollar as 107 taka) this amount is more than 20 thousand 959 crore taka. That means more than 6.31 crore dollars have come every day. In the previous month, the remittance of 169 crore dollars came in December. This information is known from the report of Bangladesh Bank.
Remittances witness growth
Dhaka, January 23: Remittances from expatriates, one of the main sources of demand for dollars, have suffered. As a result, the pressure on the foreign exchange reserves is gradually decreasing. According to the data of Bangladesh Bank, after last December, the flow of remittances sent by expatriates has increased in the current month of January.
Expatriate income slowing down as country receives $350 million in six days
Dhaka, October 11: Incentives to increase remittance flows have been increased from two percent to two and a half percent. However, the speed did not increase much. Expatriate Bangladeshis sent USD 1.54 billion to the country in September. This figure was the lowest in the last seven months.
Remittances crosses 2 billion dollars in August as well
Dhaka, September 2: The benefits of various concessions and benefits given by the government to increase expatriate income or remittance flow are coming together. In the first two months of the current financial year, expatriates have sent more than 2 billion dollars in remittances. In the recently concluded month of August, remittances of 203 crore 78 lakh (2.03 billion) US dollars have arrived. In local currency (at 95 taka per dollar) which amounts to 19 thousand 359 crore taka.
Expatriate income declines for fifth consecutive month
Dhaka, November 2: Expatriate income also declined in October as expatriates sent USD 164.68 crore to the country (Tk 13,997.80 crore). The amount of expatriate income in September was USD 172.67 crore (Tk 14,676.95 crore). As a result, the expatriate income has decreased by Tk 679.15 crore last month as compared to September. Expatriate income has been on a downward trend for five consecutive months, according to Bangladesh Bank sources.