Booming economy during Eid
Booming economy during Eid

The political alteration in the country has deeply affected the economy, resulting in an interrupt in investment and employment. The budget implementation has also been hindered, with a revenue shortfall of nearly 58 thousand crore taka for the government. Seven months after the interim government...

NBR chairman reveals tax evasion through Tk730cr remittance
NBR chairman reveals tax evasion through Tk730cr remittance

National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan revealed that a taxpayer brought Tk730 crore into Bangladesh, exploiting the tax-free remittance facility for expatriates. When asked to disclose the individuals name, he said, Its better not to say the name. Once actions are taken,...

Expatriates send $192cr in remittances in 22 days of Feb
Expatriates send $192cr in remittances in 22 days of Feb

Bangladeshi expatriates sent $192.99 crore in remittances in the first 22 days of February which is equivalent to 23 thousand 544 crore 78 lakh Taka. According to Bangladesh Bank data, of the $192.99 crore received so far in February, $68.69 crore came through state-owned banks, $14.43 crore...

Bangladesh receives Tk 16,000 crores in remittances in 15 days
Bangladesh receives Tk 16,000 crores in remittances in 15 days

In the first 15 days of February, expatriate Bangladeshis sent a total of 131 crore 23 lakh 30 thousand US dollars in remittances through legal channels, amounting to 16,000 crore Bangladeshi Taka (at an exchange rate of 123 Taka per dollar). This translates to a daily average of 8.74 million...

Country poised for record remittance inflow this year: Governor
Country poised for record remittance inflow this year: Governor

Bangladesh is on track to set a record for inward remittances through legal channels this year, as expatriates regain trust in the banking system, said Bangladesh Bank Governor Dr Ahsan H Mansur, reports UNB. The governor made the remarks while addressing concerns over recent media reports...

Bangladesh receives $2.18b remittance in January
Bangladesh receives $2.18b remittance in January

Bangladesh has seen remittance inflows exceed $2 billion for six straight months. In January 2025, the total remittance amounted to $2.18 billion, reflecting a 3.40% rise from $2.11 billion in January 2024, as per data from Bangladesh Bank. State-owned and specialised banks received $627...

Expats send $1.68bn in remittance over 25 days of Jan
Expats send $1.68bn in remittance over 25 days of Jan

Bangladesh received $1.68 billion in remittance through legal channels during the first 25 days of January, 2025. On average, expatriates sent $67.04 million per day during this period. According to the latest data from Bangladesh Bank (BB), the total remittance flow for January is likely to...

Building a skilled workforce is the core challenge
Building a skilled workforce is the core challenge

While global demand for skilled workers continues to rise, Bangladesh faces a significant challenge in developing and exporting skilled labor. Currently, half of the countrys workforce remains unemployed, and 30 percent lack the education and training needed to secure jobs. Over the past four...

Expats send $1.20 billion remittance in 18 days of January
Expats send $1.20 billion remittance in 18 days of January

Bangladesh has received over $1.20 billion ($1206.88 million) remittance in 18 days of January this year. According to the latest update of Bangladesh Bank (BB), expatriate Bangladeshis have sent this amount of remittance through banking channels between January 1 and 18. If this remittance...

United States overtakes UAE as leading source of expatriate remittances
United States overtakes UAE as leading source of expatriate remittances

The United States has surpassed the United Arab Emirates (UAE) in sending the most expatriate income, maintaining the top spot for three consecutive months. This marks a significant shift in global remittance trends, driven by a steady increase in U.S. expatriate remittances since political changes...

Expats send $73.66cr in remittances in 11 days of January
Expats send $73.66cr in remittances in 11 days of January

Expatriate Bangladeshis have sent $73.66 crore in remittances during the first 11 days of January, the first month of the new calendar. The daily average remittances to the country are $6.69 crore. According to the latest data received from the Bangladesh Bank on Saturday, Bangladesh received...

"I hear the cries of expatriates in every country I visit"
"I hear the cries of expatriates in every country I visit"

Dr. Shafiqur Rahman, Ameer (Chief) of Bangladesh Jamaat-e-Islami, highlighted the struggles and contributions of expatriate Bangladeshis during a gathering in Kuwait recently. Addressing the crowd at a Khaimah in Ardia Sanaiya, he said, The cries of expatriates resonate wherever I go. Their...

Forex market gets volatile again
Forex market gets volatile again

The countrys economy has struggled with an inconsistent dollar rate for almost two years. Although the economy saw some stability in between, the price of the greenback is becoming volatile once again. After the government announced an increase in the currencys price, the kerb market became...

Overvaluation of taka threatens exports & remittances
Overvaluation of taka threatens exports & remittances

Economists and business leaders have raised concerns that the overvaluation of the taka, compared to the currencies of Bangladeshs trade partners, may negatively impact the countrys key foreign exchange sourcesexports and remittances. While these sectors have contributed to foreign currency...

Bangladesh receives $22.67cr in remittances in 4 days of Jan
Bangladesh receives $22.67cr in remittances in 4 days of Jan

Expatriate Bangladeshis sent $22.67 crore in remittances during the first four days of January, the first month of the new calendar. The daily average remittances to the country are $5.66 crore. According to the latest data received from the Bangladesh Bank on Monday, Bangladesh received over...

Dollar price dearer despite record remittance inflows
Dollar price dearer despite record remittance inflows

Despite record remittance inflows, the price of the US dollar remains high. The value of the dollar is still over the top in the kerb market. The price has risen further over the past week. In some places in the kerb market, the exchange rate stands at Tk 129 per dollar. Although remittance...