Iran-Israel conflict raises concerns over Bangladesh remittances, forex reserves and migrant jobs as Middle East instability ...
Many decades ago, Amir landed his first job working in a gleaming Singapore high-rise. He was making more money than before, but a long way from home and his family. He was thankful to be able to send ...
The cancellation of 222 flights and suspension of six Middle Eastern routes over the past five days is likely to put a heavy burden on Bangladesh’s labour market and the economy.
Mobile financial services (MFS) are increasingly becoming a major channel for remittances sent by millions of Bangladeshis working abroad.
The End of the ‘Hidden Spread’ The remittance industry’s most persistent criticism has been its “hidden tax” the gap between interbank exchange rates and those offered to consumers. For NRIs making ...
The digital remittance ecosystem is experiencing significant changes as technological advancements, regulatory modifications, and shifting consumer preferences reshape global fund transfers. This ...
Notably, West Asia plays an important role in supplying India with essential commodities. About 10 million Indians live and work across the Gulf, sending home record remittances that support millions ...
ASUNCIÓN, Paraguay, May 29 (UPI) --A proposed 3.5% tax on remittances from the United States could cost some Latin American countries up to half a percentage point of gross domestic product, sparking ...
Remittance services generally include high transaction volumes, which can generate significant revenue for banks. If you manage a bank, the offset costs of offering these services can provide you with ...
The Nigeria Governors’ Forum (NGF) has thrown its weight behind ongoing reforms mandating the direct remittance of oil and ...
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