Monday, November 22, 2010

Remittance on the rise

http://www.thedailystar.net/newDesign/news-details.php?nid=124835

Remittance on the rise
Star Business Report

Remittance increased by 21 percent in the first seven months of the current fiscal year and stood at $6.48 billion at end-January.

The remittance inflow amounted to $950.92 million in January, while the amount was $876.33 million in December.

However, the recent negative trend in manpower export so far could not cast any shadow on the remittance inflow.

A Bangladesh Bank official said remittance earning went up as semi-skilled manpower export increased. Also banks have taken steps to boost the remittance inflow, the official said.

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