Monday, 17 October 2011

Brac Bank mobile remittance service becomes active

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BRAC Bank remittance beneficiaries have begun to receive money from Robi Sheba Points recently at Kaligonj, Gazipur, said a press release. ...
Wednesday, 30 March 2011

E-payment for Ghanaians in the Diaspora

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Ghanaians in the Diaspora are set to benefit from the country's first ever fully electronic payment system in a move to ease bureaucraci...

Banks embracing India remittances

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Banks are wooing expatriate workers in the UAE with deals on remittances, seeking to corner the lucrative market on money transfers. Standa...

LITHUANIA: in 2010 emigrants' remittances equal one quarter of wages bill in Lithuania

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In 2010, private persons transferred to Lithuania a record sum of 4.1 billion litas (1.188 billion euros), which equaled nearly one quarter ...

Constraints in the UK to Ghana Remittances Market

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Over the past decade, remittances have  had a significant impact on the economy  of Ghana.  According to the Bank of  Ghana (BoG), remittanc...

Will recent events in the Middle East Affect Remittance Flows to South Asia?

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For countries with substantial numbers of workers in the Middle East, recent events have not only raised concerns for the repatriation and w...
Friday, 25 February 2011

PHILIPPINES: Dollar's Fall Rocks Far-Flung Families

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MABINI, the Philippines—The world's currencies are gyrating, but the strains are being felt beyond financial capitals and corporate boa...

PHILIPPINES: Remittances from Libya, Yemen, Bahrain 1.3% of total, says central bank

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Money sent home by overseas Filipino workers in strife-torn countries in the Middle East and North Africa is only 1.3 percent to the total r...

PHILIPPINES: Harvard prof: PH emigration to slowdown in 30-40 years

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Harvard professor Dr. Jeffrey Williamson talked to Business Nightly on Wednesday to talk about  emigration trends. He said that every emigr...

PHILIPPINES: Philippine Peso Gains on Speculation Drop Overdone; Bonds Fall

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The Philippine peso rose for the first time in three days as some investors took advantage of declines triggered by unrest in the Middle Ea...

PAKISTAN: Remittances and hope

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A pioneering new study commissioned by the Pakistan government and carried out by the International Organization of Migration, finds that re...
Wednesday, 9 February 2011

West Asia crisis may slow remittances in near term

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Region accounts for 48 per cent of the total inflows into India. Remittances to India, especially from the West Asian countries, may decele...

Remittances from Kenyans in Diaspora rise

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Remittances from Kenyans abroad increased minimally last year to stand at Sh51.3 billion, the  Central   Bank  of Kenya has said. In a year...
Saturday, 5 February 2011

SOMALIA: Dahabshiil Provides Vital Remittances, Says BBC

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LONDON, PRNewswire/ -- By handling remittances from the international Somali diaspora, Dahabshiil provides a vital source of income for Afri...

Hawala operators expect windfall

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DOHA: People running unofficial remittance channels (hawala) between Qatar and Egypt literally anticipate a ‘windfall’ if the demonstrations...

GUATEMALA: Guatemalan remittances rose 15.1% in January 2011

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Guatemala City. Revenues through remittances increased by 15.1 percent in January 2011 compared to the same month in 2010. The Bank of Guate...

LATIN AMERICA: New program helps harness the development potential of remittances sent to Latin America.

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new program helps harness the development potential of remittances sent to Latin America. BY MIMI WHITEFIELD MWHITEFIELD@MIAMIHERALD.COM Bil...
Thursday, 3 February 2011

ZIMBABWE: Diaspora remittances up

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HARARE - Remittances from Zimbabweans living abroad have increased 32.9 per cent in 2010 to about US$263.3 million, the Reserve Bank of Zimb...

MEXICO: MoneyGram and Visa Extend Remittance Service to World’s Largest Remittances Corridor

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MoneyGram International (NYSE:MGI), a leading money transfer services company, and Visa Inc. (NYSE:V) announced today the launch of MoneyGra...

PAKISTAN: IOM Launches Study on Impact of Remittances on Pakistan's Development

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Pakistan -   IOM today launched a study investigating the impact of remittance flows from Pakistani migrant workers in Saudi Arabia on their...

PHILIPPINES: Landbank makes Japan remittances easier

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A news service being offered by the LandBank of the Philippines has made it easier for Overseas Filipinos (OFs) and their families to send a...

VIETNAM: More cash pours in from overseas Vietnamese

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HCM CITY — The World Bank predicts inward remittances will increase by more than 6 per cent this year, based on the amount of last year. In...

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After a slump in 2009, migrant financial remittances back to Africa were again on the rise in 2010. Experts expect a further growth in funds...

TAJIKISTAN: Remittances on the rise in Tajikistan

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Tuesday, February 01, 2011 -  Foreign workers’ remittances sent home to Tajikistan climbed by more than one-quarter to reach $2.1 billion in...

Egypt bank closures cut off vital Gulf remittances

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DUBAI, Feb 1 (Reuters) - The closure of Egyptian banks has prevented Gulf-based Egyptians, who make up the bulk of the population living abr...