Remittance

The country’s government has announced a two-month amnesty for foreign nationals including Bangladeshis living illegally in the United Arab Emirates to leave the country. The special opportunity of amnesty is starting today from Sunday. It will continue till October 31. This information was informed by the Bangladesh Consulate General Office in Dubai and Northern Emirates….

For the past 5 years, the government has been giving incentives to increase remittances or expatriate income through legal or banking channels. The International Monetary Fund (IMF) advised the government not to give this incentive. The IMF said, ‘Recent exchange rate reforms have provided such incentives – (to attract remittance flows through legal channels) that…

On the occasion of Qurbani Eid, expatriates sent huge amounts of remittances to their relatives back home. In the 14 days before Eid, expatriates sent foreign currency equivalent to about 19.5 thousand crore rupees. According to the latest data of Bangladesh Bank, expatriates remitted more than 164.67 million US dollars in legal or banking channels…

Bangladesh Bank’s foreign exchange reserves increased due to remittances or expatriate income around Eid-ul-Azha. However, gross reserves have yet to cross the $25 billion mark. At present the gross reserve is 2 thousand 478 crores or 24.78 billion dollars. According to the latest data of Bangladesh Bank, the gross reserve is 2 thousand 478 crores…

Foreign Minister visiting Saudi Arabia and Joint General Secretary of Awami League asked expatriates to contribute to the country’s economy by sending remittances in a legal way. Hasan Mahmud.  Congratulating the expatriate Bangladeshis, he said that every expatriate is a representative of his country abroad. If he commits a crime, his country is disgraced. Laws…

The state minister said that 4 lakh 93 thousand 642 people have been given clearance from the Bureau of Manpower Employment and Training (BMET) till May 31. Among them, 4 lakh 76 thousand 672 have gone to Malaysia so far. According to that, about 16 thousand 970 people could not go. State Minister for Expatriate…

UN High Commissioner for Human Rights Volker Turk has called for an end to hate speech and misleading campaigns against expatriate workers and refugees in Malaysia. Volker Turk said, ‘The various contributions of immigrants to society deserve recognition, respect and appreciation.’ According to a study by the United Nations High Commission for Human Rights, he…

According to the announcement of Malaysian Home Minister Saifuddin Nashnoon, the country’s labor market for Bangladeshis is closing at 12:00 this Friday. After this, no more Bangladeshi calling visa workers can enter Malaysia. As a result, there is extreme frustration among the waiting staff at Dhaka and Kuala Lumpur airports. If the time is not…

Export of manpower is closed in Maldives. Workers will not go to Malaysia after May 31. Six months have passed since the Omani visa was suspended, but there has been no resolution. Terming the issue as a ‘black shadow’ in the export of manpower, experts in this sector say that although the government is talking…

Wealthy people from around the world have built mountains of wealth in the housing sector of Dubai, United Arab Emirates. Bangladeshi nationals are also in their list. 394 Bangladeshis own 641 properties worth Tk 2,636 crore in Dubai.  This list of property owners also includes big businessmen and influential political figures of different countries. Even…