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Remittance inflows from the United Arab Emirates (UAE) to Bangladesh have been on the rise since 2023, making it top of the central bank's charts of source countries and also foreign-exchange reserves robust. However, sector insiders and economists have had a mixed bag as they said the sudden ri
Saudi Arabia has emerged as an attractive job market for Bangladeshi bikers, driven by a rising demand for online food delivery personnel. To date, around 10,000 Bangladeshi motorcyclists have secured jobs in the food delivery sector in Saudi Arabia. Currently, there is a demand for an additional
Labour migration to South Korea is set to fall by a half of the job quota this year amid the sagging demand for workforce from employers in that country, officials said. South Korea has announced a quota of 11,500 jobs for Bangladeshi workers for 2024, the highest-ever. However, about 1,978 Bangla
Brunei started worker recruitment under the government-to-government (G2G) arrangement from Bangladesh in July. So far, the Southeast Asian nation hired 25 Bangladeshi workers for its trades like construction, services, and hospitality. Dhaka and Bandar Seri Begawan, which is the country'
About 10,000 Bangladeshis are facing uncertainty about their jobs in Europe due to the suspension of Indian visas, as they have to obtain their visas from India for their western destinations. Croatia, Bulgaria, Poland, Lithuania, Czech Republic, Romania and Portugal do not have missions in Bangla
Diaspora bonds of the government have lost attractiveness to expatriates for low profit rates they yield, causing the negative investment growth of the instruments for the past three years. The negative growth in net sales of the state-backed bonds was Tk 19.13 billion in fiscal year (FY) 2023-24,
The outflow of workers increased last month (July) compared to the previous month, despite the country witnessing severe unrest mainly in the second half of the month amid students' anti-discrimination movement. Data released by the Bureau of Manpower Employment and Training (BMET) showed 71,441 B
Bangladeshi expatriates are now upbeat about sending remittance back home through the formal channel as they rest reassured that the country is on track after the formation of an interim government. Migrants abroad raised voices against the Sheikh Hasina government's oppression of people during th