Remittances from Saudi Arabia Decline to $2.74B in FY24
Despite Bangladesh sending a record 5.26 lakh workers to Saudi Arabia in FY24, remittances from the Gulf nation have dropped…
Remittance Surpasses $2 Billion for 6 Consecutive Months
Bangladesh received $2.18 billion in remittances in January 2025, marking the sixth consecutive month above $2 billion, a 3.4% year-on-year…
Experts Propose Increasing Remittance Incentive to 4%
Experts and stakeholders at a seminar proposed increasing the remittance incentive from 2.5% to 4% to encourage overseas workers to…
US Emerges as Leading Remittance Source in November
In November, Bangladesh received $2,199.99 million in remittances, with $511.96 million coming from the US and $684.58 million sent to…
Remittances Reach Historic $26.9 Billion in 2024
Expatriate Bangladeshis sent a record $26.9 billion in remittances in 2024, marking a 23% year-on-year increase, as policymakers sought to…