Suspicious transaction and activity reporting shot up 65 percent year-on-year to 14,106, with 91 percent of the reports filed by scheduled banks, according to the annual report of BFIU

Migrant workers sent home $2.1 billion in January

The return and reintegration of migrants is an integral part of the migration cycle

Bangladesh has long relied on its diaspora's remittances, accounting for 4.76 percent of GDP in 2022-23 – the true potential lies in fostering deeper engagement

The remittance experienced a sharp decline—13.5 percent year-on-year—when it hit $4.91 billion in the July-September quarter of 2024, down from $5.67 billion in the same period previous year, according to the quarterly data of the central bank.

The inflow of remittance to Bangladesh increased 21 percent year-on-year to $1.93 billion in November as most banks are offering higher rates for the US dollar to boost foreign currency collection.

Migrant workers sent home $1.93 billion in November this year, which was $1.59 billion in the same month last year.

The central bank sits with top 10 foreign exchange houses

Migrant workers sent home $1.98 billion in October, a four-month high, as banks stepped up efforts to woo more remittance buoyed by a relaxed central bank rule on incentive, a development that is expected to give some relief to a country reeling under the foreign exchange crisis.

Migrant workers sent home $1.98 billion in October

$1.34 billion came in September, lowest since April of 2020

Clearly, the major economic challenges facing Bangladesh are results of inadequate and incorrect policies.

Time to rethink our fixed exchange rate policy.

It came down to $1.59 billion from last year August's $2.03 billion

Remittance inflow to Bangladesh fell 5.86 percent year-on-year to $1.97 billion in July, central bank data showed today.

Government must build an effective mechanism to support its policy

Foreigners working in Bangladesh sent home $137 million in 2022, World Bank data showed although analysts believe the exact figure would be much higher since many people from other nations are employed in the country without valid permits.

Remittance flows to Bangladesh rose to a three-month high in June as expatriates sent home $1.79 billion in the first 23 days of the month to help their families celebrate Eid-ul-Azha.

Thanks to higher inflow of remittances for Eid-ul-Azha

The allocation for subsidies in agriculture, food, and power will be raised considerably in the next budget, with an aim to ease inflationary pressure on people.