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Remittances Newsletter
  • Jul–Apr FY25: Robust 31pc jump recorded in remittances 10 May 2025 02:00 GMT

    … continued in April 2025, with workers’ remittances amounting to $3.2 billion … , mainly due to record-high workers’ remittances. This surplus and SBP’s … than earlier projected growth in workers’ remittances, lower commodity prices, and continuing …

  • Remittances jump to $31.21bn in 10MFY25 10 May 2025 01:42 GMT

    … $30.25bn remittances received in FY24. The remittances have significantly … the inflows are easy money without paying any returns … or a decline in remittances occur. Furthermore, the … particularly skilled workers from the IT sector, to seek employment abroad, …

  • Secret police use defectors in China to catch remittance brokers 10 May 2025 02:04 GMT

    … 20. Both were caught delivering money to defectors’ families. The … defectors planning to send money into North Korea, then … sweeps aimed at dismantling domestic remittance networks,” he said. “People … while unknowingly trying to deliver money.” “The core of …

  • Remittances boom fades in April 10 May 2025 00:28 GMT

    … the increase in workers' remittances is primarily attributable to … growth in overseas employment, expansion of digital banking infrastructure … currency stability and expanding labour market access in key Gulf economies. The data on workers' remittances …

  • Investigating Wicknell Chivayo: South African banks linked to R800 million money laundering allegations 10 May 2025 00:14 GMT

    … to investigate widespread allegations of money laundering activities against flamboyant … into the allegations of money laundering and corruption levelled … Forex (Proprietary) Limited, a money remittance entity in Johannesburg, allegedly facilitated …

  • Union residents call for money transfer services 09 May 2025 23:37 GMT

    … Union Island are calling for money transfer services like Western Union … sent a small amount of money, say, US $200, without … cash service in Union, the remittances have little value for the … a limited manner, or the money transfer services can connect with …

  • Embassy in Doha organises networking event for promotion of foreign remittances to Sri Lanka 09 May 2025 20:23 GMT

    … Manager Thilini Perera, Manager – Remittance Dayani Kulathunga, Deputy Manager Danuska … to promote foreign remittances through Sri Lankan expatriate workers in Qatar. Representatives … on strategies to boost foreign remittance inflows. This networking event …

  • After FIJ's Intervention, PERCOSO Remits Employee's N108,000 Pension Deduction Held for 3 Years 09 May 2025 19:59 GMT

    … has just confirmed the remittance,” he said. BACKSTORY … Act. READ ALSO: CitiServe Employee Exceeded Monthly Target. His … money to his pension account in violation of their employee-employer … ALSO: Westgate Technologies Withholds Employee’s Salary — Because He …

  • Mother’s Day gives May remittances a boost as Mexicans send money home to mom 09 May 2025 19:47 GMT

    … BBVA Research’s Migration and Remittances Observatory, remittances are often used for … remittances to the country do so electronically. The report dubbed “The Money … Journey: Adopting Digital Remittances in 2024,” noted that …

  • Pakistan's remittances rise by 13.1 pct in April 09 May 2025 15:46 GMT

    … Xinhua) -- Remittances sent by overseas Pakistani workers rose by 13 … said on Friday. The workers' remittances recorded an inflow of 3 … billion dollars in total remittances, marking a 31 percent … and Eid, during which remittance flows typically rise due …

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