BB further relaxed the rules for remittance incentives

The Bangladesh Bank, on December 2, has further relaxed conditions for getting a 2 per cent cash incentive against foreign remittance worth...

Remittance continues to grow as inflow hits $2b mark for third straight month November

Remittance continued its great show amid COVID-19 pandemic as the the country received US$2.09 billion in remittance in November 2020, up 34.23...

Forex reserve sets new record of $40 billion mark riding high on remittance

The country’s foreign exchange reserves stood at $39.78 billion on October 7 which crossed $40 billion mark on October 8. The credit...

Remittance keeps surging as inflow in July-Sep records 48% growth over last year

The remittance earning of the country has continued to soar despite global economic fallout from the Covid-19 pandemic as the country received...

Remittance in September shows promise as record US$922m received in first ten days

The first ten days of September have shown a shine in remittance inflows as expatriates have remitted US$922 million to home. The...

SCB, bKash & Valyou launch country’s first blockchain-based cross-border remittance service

Standard Chartered Bank yesterday launched country's first blockchain-based cross-border remittance service in Bangladesh facilitating instant transfers from Malaysia. The...

Foreign exchange reserve exceeds US$39 billion fueled by continuous growth of remittances

Despite the COVID-19 situation, the remittance inflows reached US$1.96 billion in August while the figure was US$1.44 billion in the same month...

Foreign Exchange reserve reached record US$38b for the first time

For the First time ever, Bangladesh’s foreign exchange reserves have crossed US$38 billion mark for the first time amid the coronavirus pandemic....

Forex reserve hits highest ever $37 billion mark

Forex reserves of Bangladesh touched a new record of $37.10 billion for the first time and is the highest amount of remittance...

Forex reserve crossed record $35 billion landmark, dollar price drops

The country’s foreign exchange reserve reached an all-time high of $35.09 billion on Wednesday amid falling import payments and moderate inflow of...

Eid failed to rave up as remittance falls by 14% year on year in...

The inflow of remittance rebounded to hit a four-month high in May after a sharp fall in the previous months of the...

Remittance up before Eid, but concern remains as global economy shrinking

Inflow of remittance rebounded a bit in the first 19 days of May as the expatriates sent money to their near and...

BB eases release of incentive against remittance up to Tk 5 lakh

The Bangladesh Bank raised the limit on the amount of inbound remittance against which the recipients would get government incentive without showing...

Remittance via bKash surges in April

Despite a sluggish remittance inflow through regular channels amid Covid-19 outbreak, the amount of remittance sent by expatriate Bangladeshis through online or...

Remittance inflow 12% down in March, negative first time in FY2020

The inflow of remittance dropped by 11.83 per cent or $173 million year-on-year in March this year as the pandemic coronavirus has...

Recent Article

Bank Asia re-elects A Rouf Chowdhury as its chairman

Bank Asia has re-elected A Rouf Chowdhury as chairman of Bank Asia at the 453rd meeting of its Board of Directors.

Gazi Golam Ashria became the new chairman of Jamuna Bank

Gazi Golam Ashria has been elected as the chairman of the board of directors of Jamuna Bank Limited for a timeframe of...

Stocks continue to struggle as profit booking goes on

Stocks closed lower on May 3 (Monday) as the profit-booking tendency continues to prevail among the investors after the 3-day streak of...

After 7 years of its launch, the number of agent banking accounts reach the...

The amount of accounts in agent banking in the nation reached the 1 crore mark in January 2021, after 7 years of...

Govt plans utilizing a large amount of aid for development projects

The government plans to utilize foreign aid worth Tk 88,024 crore for development projects in the next fiscal year. The amount is...

Uttara Group managing director to be felicitated by Japan

Chairman and managing director of Uttara Group, Matiur Rahman, is set to receive an award from Japan for his contribution in promoting...

Sea levels rising induced coastal migration could affect 1.3 million Bangladeshis by 2050: study

A recent study published by the American Geophysical Union – an international scientific group apprehended that there could be a triggered wave...

Credit growth of the private sector declines again in March

The credit growth of the private sector has returned to the downward trend in March after a slight recovery in April as...