The country's foreign exchange reserves today hit a new record of $44.02 billion thanks to the upward trend of remittance and lower import payments, Bangladesh Bank data showed. The reserves, one of the major macroeconomic indicators of an economy, touched the $41 billion mark on October 28 and rose to $42 billion on December 15 and $43 billion...
Prime Minister Sheikh Hasina has asked the Expatriates' Welfare and Overseas Employment Ministry and recruiting agencies to take care of Bangladeshi expatriates. "Those who are involved in manpower migration -- from recruiting agencies to the ministry, I request you to give them (expats) the due honour and make sure they are not facing any prob...
World Bank, in one of its reports, projects that Bangladesh will see increased remittance flow and secure eighth position in the world in terms of it in 2020. WB revealed the prediction in the report titled "COVID-19 Crisis Through a Migration Lens" published on October 29. According to the projection, two South Asian countries will see an inc...
Prime Minister Sheikh Hasina has announced that the government will provide Taka 2000 crore (US$ 235.3 million)) to Karmasangsthan Bank and Taka 500 crore (US$ 58.8 million) to Probashi Kalyan Bank to help the youths and expatriate Bangladeshis who became jobless amid the coronavirus pandemic. She also declared that the government will giv...
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