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‘Expat remittances lifeblood of Pak economy’

Source: Arab NewsBy: ALI FAYYAZ Overseas Pakistanis are a vital source for the growth of Pakistan's economy, according to Saad Kaleem, Deputy General Manager of Habib Bank Limited (HBL) Pakistan. In a...

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Expatriates boost remittances by 4.1%

Source: Zawya Jordanians' remittances went up by 4.1 per cent until the end of March, standing at $550.1 million, up from $528.6 million in the same period of last year, according to the Central Bank...

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Migrant Women Lift Remittances

Source: The Wall Street JournalBy: Miriam Jordan Even when times were tough, immigrant Silvia Navas says she never stopped sending money to her mother in Guatemala. "She needs the money to pay her...

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India tops the list in earnings through remittances says World Bank Report

Source: Daily Bhaskar Indians working abroad sent back home $70 billion in the year 2013, as per a latest report released by the World Bank. This makes India top the list in terms of global...

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Initiative helps bring down costs of remittances

Source: Dawn The Pakistan Remittance Initiative is helping exert downward pressure on costs of making remittances to the South Asian region, and the trend is likely to continue, says a World Bank...

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Facebook Prepares A Money-Transfer Service, But Still Needs Trust

Source: ForbesBy: Parmy Olson With more than 1 billion active mobile users, Facebook has the kind of scale to make any e-payments service jealous, but it could be years before the company gets that...

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'Super tax' on remittances to Africa hurts development -thinktank

Source: Thomson Reuters FoundationBy: Katie Nguyen Africans face the highest remittance fees globally, regularly paying a "super tax" to send money home at a cost that hurts families and holds back...

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UPU News: Posts ready to exploit demand for financial services

Source: All India Association of Inspectors and Asst. Superintendents of Posts To capture the potential for growing the market for postal financial services, Posts must be open, forward-looking and...

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Remittances up 6.9% in March

Source: The Philippine StarBy: Kathleen A. Martin Personal remittances continued to rise in March, registering a 6.9-percent growth to $2.1 billion from a year ago due to robust remittance flows from...

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Diaspora remittances in relative increase, hit Sh10.2b in March

Source: Standard DigitalBy: Nicholas Waitathu Remittances from Kenyans in the Diaspora increased by 16 per cent to Sh10.2 billion ($119.6 million) in March compared to Sh8.8 billion the same period...

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