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Tags : remittance


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BRAC Bank promotes remittance products in Cumilla

BRAC Bank has recently organised a customer engagement event at Daudkandi in Cumilla, aimed promoting its remittance products such as ‘Probashi Poribar’ and ‘TARA Probashi Poribar,’ a press release said...

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Remittance inflow surges

Remittance inflow has soared by 29 per cent in July-May period in 2025 compared with that in the same period in the previous year...

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Proposed US remittance tax may hit inflows: experts

US president Donald Trump’s proposal to impose a 5 per cent tax on remittances sent by immigrants — including green card holders and H-1B visa holders — has raised concerns in Bangladesh, with economists warning of a potential decline in remittance inflows and a rise in informal money transfers...

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Expats send $1.6b in 17 days of May

Bangladesh has received $1.61 billion in inward remittances during the first 17 days of May, marking a robust flow of foreign currency from expatriate workers, according to a revised update from Bangladesh Bank...

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Agrani Remit App launched in Malaysia

Agrani Bank PLC on Tuesday launched ‘Agrani Remit App’ to assist in secure and legal remittance transfers from Malaysia to Bangladesh, said a press release...

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Current account deficit decreases to $659m

Bangladesh’s current account deficit narrowed significantly in the first nine months of the 2024-25 financial year, mainly due to a robust increase in remittance inflows, according to the latest data released by Bangladesh Bank...

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Remittances $2.75b in Apr

The country’s remittance inflow witnessed a year-on-year growth of 34.6 per cent, reaching $2.75 billion in April...

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Dollar eases slightly

Bangladesh’s currency, the Taka, has strengthened against the US dollar, bolstered by recent growth in remittances and exports...

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Bangladesh Bank says forex reserve crosses $21b

Bangladesh’s gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $21 billion again, driven by strong remittance inflows and export earnings...

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Remittance surges to $3.29b in March

Bangladesh witnessed a record-breaking surge in remittance inflow in March, receiving $3.29 billion—the highest ever in a single month, according to Bangladesh Bank data...

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BKB hosts lottery draw of remittance festival

Bangladesh Krishi Bank on Tuesday conducted lottery draw of the first phase of its ‘Remittance Festival 2025’ organised on the occasion of Eid-Ul Fitr, said a press release...

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US top remittance source in Feb

Bangladeshi expatriates in the United States sent home the highest remittance amounting to US$491.26 million in February, according to Bangladesh Bank data...

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Remittance inflow hits $2.5b in February

Remittance inflows to Bangladesh surpassed $2.5 billion in February as expatriates sent additional funds presumably to support their families ahead of Ramadan...

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Forex reserve nears $21b amid high remittance

Bangladesh’s gross foreign exchange reserves, calculated under International Monetary Fund guidelines, neared $21 billion again, driven by strong remittance inflows...

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Bangladesh’s reliance on Gulf nations under threat

OVER 10 million Bangladeshi migrant workers send home an estimated $22 billion in remittances annually, making it the country’s second-largest source of foreign exchange after garment exports. More than 60 per cent of this originates from the Middle East, with Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait leading the way. At the same time...

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Remittance surge boosts current account to surplus

The country’s current account balance turned positive in July-December period of FY25, primarily due to a sharp surge in remittance inflows, compared to the same period in FY24...