remittance East Africa: Conflicts, Delayed Financial Remittance Hinder EAC, EALA Progress By allafrica.com Published On :: Thu, 14 Nov 2024 05:43:06 GMT [Capital FM] Nairobi -- National Assembly Speaker Moses Wetangula has taken helm of the Bureau of East Africa Community Speaker amidst challenges facing the region bloc which include underfunding and perennial conflict. Full Article Economy Business and Finance Conflict Peace and Security East Africa Kenya
remittance Africa: Remittances Can Help Fill Funding Gaps for Climate Adaptation By allafrica.com Published On :: Wed, 13 Nov 2024 12:20:19 GMT [ISS] More attention should be given to how remittances can help African countries withstand and adapt to climate change. Full Article Africa Climate Environment
remittance Africhange secures IMTO licence to streamline remittance to Nigeria By thepaypers.com Published On :: Fri, 08 Nov 2024 14:45:00 +0100 Africhange has announced that its Nigerian branch, Currenzo,... Full Article
remittance Boxo and Nium launch white-label remittance platform for apps By thepaypers.com Published On :: Fri, 08 Nov 2024 08:18:00 +0100 Boxo has partnered with global payments infrastructure firm Full Article
remittance Félix Pago partners with Mastercard to expand digital remittances By thepaypers.com Published On :: Tue, 12 Nov 2024 15:10:00 +0100 US-based fintech Felix Pago has announced a partnership... Full Article
remittance Gulf woes echo across south Asia as remittances drop By www.ft.com Published On :: Thu, 22 Jun 2017 02:56:18 GMT India suffers drop in money sent home by migrants as oil-driven economies cut jobs Full Article
remittance Covid-19 pandemic: 800 million households dependent on remittances to be hit By www.financialexpress.com Published On :: 2020-04-25T06:02:00+05:30 Global and multilateral institutions and national governments need to come together to make sure that the loss of income is offset through cash-and-kind support. Full Article Opinion
remittance TranSwap rolls out e-remittance for foreign domestic workers By feedproxy.google.com Published On :: Wed, 06 May 2020 14:40:00 +0200 Singapore-based fintech TranSwap has launched an e-remittance... Full Article
remittance 'Nothing adverse' in overseas remittance data, says CBDT By economictimes.indiatimes.com Published On :: 2020-02-05T08:06:26+05:30 “The Directorate of Intelligence & Criminal Investigation (I&CI) of the income tax department during August and September 2019 obtained LRS data from several banks in Mumbai and Delhi and verification of the top 100 cases was undertaken. However, nothing adverse was found,” said the report, which was submitted to SIT probing black money earlier this year. Full Article
remittance RBI tightens monitoring of outward remittances By economictimes.indiatimes.com Published On :: 2018-04-12T19:53:54+05:30 The LRS transactions are currently permitted by banks based on the declaration made by the remitter. Full Article
remittance India largest remittance-receiving country in the world By economictimes.indiatimes.com Published On :: 2018-05-13T12:19:08+05:30 A report said that India (receiving USD 69 billion in remittances in 2017) was followed by China (USD 64 billion) and the Philippines (USD 33 billion). Full Article
remittance Kerala, Maharashtra, Karnataka & Tamil Nadu get 60% of total remittance in FY17 By economictimes.indiatimes.com Published On :: 2018-08-09T19:52:37+05:30 Nearly 82 per cent of the total remittances received by the country originated from eight countries - the UAE, US, Saudi Arabia, Qatar, Kuwait, Oman, UK, and Malaysia. Full Article
remittance India seen escaping Argentina's fate as remittances curb deficit By economictimes.indiatimes.com Published On :: 2018-10-09T12:50:05+05:30 India received $69 billion in overseas remittances last year, equivalent to almost 3 percent of GDP, Capital Economics said, citing World Bank data. Full Article
remittance India to retain top position in remittances with $80 billion: World Bank By economictimes.indiatimes.com Published On :: 2018-12-08T11:20:33+05:30 India is followed by China ($67 billion), Mexico and Philippines ($34 billion each), according to World Bank. Full Article
remittance Remittances show poll bump, again By economictimes.indiatimes.com Published On :: 2019-01-29T07:18:05+05:30 ET looked at data from 1990-91 to present, and the remittance-elections bump is evident. Full Article
remittance India highest recipient of remittances at $79 bn in 2018: World Bank By economictimes.indiatimes.com Published On :: 2019-04-09T09:28:32+05:30 India was followed by China (USD 67 billion), Mexico (USD 36 billion), the Philippines (USD 34 billion), and Egypt (USD 29 billion). Full Article
remittance India was the top recipient of remittances worldwide in 2018 By economictimes.indiatimes.com Published On :: 2019-07-20T23:00:00+05:30 India was the top recipient of remittances worldwide in 2018, data from the World Bank shows. The remittances were boosted in part by migrants from Kerala sending. Full Article
remittance With $78 billion, India still highest overseas remittance receiver By economictimes.indiatimes.com Published On :: 2019-11-28T10:33:17+05:30 India continues remains the top recipient of remittances, with its diaspora sending back $78.6 bn in 2018. Full Article
remittance 'Nothing adverse' in overseas remittance data, says CBDT By economictimes.indiatimes.com Published On :: 2020-02-05T08:06:26+05:30 “The Directorate of Intelligence & Criminal Investigation (I&CI) of the income tax department during August and September 2019 obtained LRS data from several banks in Mumbai and Delhi and verification of the top 100 cases was undertaken. However, nothing adverse was found,” said the report, which was submitted to SIT probing black money earlier this year. Full Article
remittance Fino Payments Bank logs 80 per cent plunge in domestic remittances By economictimes.indiatimes.com Published On :: 2020-04-11T17:50:53+05:30 The payments bank sees average monthly remittances of close to Rs 5,000 crore from daily wage earners working in various factories, construction sites, small businesses, plumbers, carpenters, cab drivers, among others. Full Article
remittance What Would A Sharp Decline In Remittances Mean For Latin America By www.npr.org Published On :: Fri, 08 May 2020 16:01:00 -0400 Immigrants in the U.S. sent an estimated $150 billion to their home countries in 2019 — half to Latin America and the Caribbean. The World Bank is predicting a sharp decline in remittances this year. Full Article
remittance World Bank predicts sharpest decline of remittances to Caribbean By jamaica-gleaner.com Published On :: Thu, 23 Apr 2020 15:26:53 -0500 WASHINGTON, CMC – The World Bank has predicted the sharpest decline of remittances to Latin America and the Caribbean, saying that global remittances on a whole are projected to fall by about 20 percent in 2020 due to the economic crisis... Full Article
remittance Labor Migration from Myanmar: Remittances, Reforms, and Challenges By www.migrationpolicy.org Published On :: Tue, 17 Jan 2017 16:00:55 -0500 Having emerged from a long era of military rule, Myanmar's leaders and many citizens are looking outward. In particular, with Burmese labor migration abroad on the rise, policymakers are examining ways in which to harness remittances as a vehicle for economic development, particularly in impoverished rural areas. This article explores Burmese labor migration flows, financial reforms, and challenges on migration and development. Full Article
remittance Dependent on Remittances, Tajikistan’s Long-Term Prospects for Economic Growth and Poverty Reduction Remain Dim By www.migrationpolicy.org Published On :: Tue, 12 Nov 2019 12:12:08 -0500 More than 1 million Tajiks migrate to Russia every year—a sizeable outflow for a country of about 9 million people. These high levels of emigration have had major effects for Tajikistan, especially in the generation of remittances that help lift everyday Tajiks out of poverty but have also made the country increasingly dependent on Russia. This article explores challenges faced by Tajik migrants in Russia and the effects of emigration on Tajikistan’s economy and society. Full Article
remittance Permissible period for remittance of e-payments into Government account by Public Sector Banks By www.lawyersclubindia.com Published On :: Sat, 9 Oct 2010 11:18:49 GMT Permissible period for remittance of e-payments into Government account by Public Sector Banks Full Article
remittance DCB Bank sees significant jump in foreign remittance services on coronavirus pandemic By www.financialexpress.com Published On :: 2020-04-16T15:50:00+05:30 "Since March 15, our volumes on outward remittance services have increased many fold. There is a significant difference in before-and-after demand since mid of March," said Praveen Kutty, Head of Retail and SME Banking, DCB Bank without quantifying the increase in demand. Full Article Banking & Finance Industry
remittance Service tax payable on remittance fees to India By www.banknetindia.com Published On :: Service tax to be payable on NRI remittance fees to India Full Article
remittance What Would A Sharp Decline In Remittances Mean For Latin America By www.npr.org Published On :: Fri, 08 May 2020 16:01:00 -0400 Immigrants in the U.S. sent an estimated $150 billion to their home countries in 2019 — half to Latin America and the Caribbean. The World Bank is predicting a sharp decline in remittances this year. Full Article
remittance Private capital flows, official development assistance, and remittances to Africa: Who gets what? By webfeeds.brookings.edu Published On :: Tue, 19 May 2015 10:33:00 -0400 Strong Growth and Changing Composition External financial flows to sub-Saharan Africa (defined as the sum of gross private capital flows, official development assistance (ODA), and remittances to the region) have not only grown rapidly since 1990, but their composition has also changed significantly. The volume of external flows to the region increased from $20 billion in 1990 to above $120 billion in 2012. Most of this increase in external flows to sub-Saharan Africa can be attributed to the increase in private capital flows and the growth of remittances, especially since 2005 (see Figure 1). Figure 1. Sub-Saharan Africa: External Flows (1990-2012, in USD billions) As also displayed in Figure 1, in 1990 the composition of external flows to sub-Saharan Africa was about 62 percent ODA, 31 percent gross inflows from the private sector, and about 7 percent remittances. However, by 2012, ODA accounted for about 22 percent of external flows to Africa, a share comparable to that of remittances (24 percent) and less than half the share of gross private capital flows (54 percent). Also notably, in 1990, FDI flows were greater than ODA flows in only two countries (Liberia and Nigeria) in sub-Saharan Africa excluding South Africa, but 22 years later, 17 countries received more FDI than ODA in 2012—suggesting that sub-Saharan African countries are increasingly becoming less aid dependent (see Figure 2). Figure 2. Sub-Saharan Africa: Number of Countries Where FDI is Greater than ODA (1990-2012) But to what extent have these changes in the scale and composition of external flows to sub-Saharan Africa equally benefited countries in the region? Did the rising tide lift all boats? Is aid really dying? Are all countries attracting private capital flows and benefiting from remittances to the same degree? Finally, how does external finance compare with domestic finance? The False Demise of ODA A closer look at the data indicates that, clearly, ODA is not dead, though its role is changing. For instance, middle-income countries (MICs) are experiencing the sharpest decline in ODA as a share of total external flows to the region, while aid flows account for more than half of external flows in fragile as well as low-income countries (LICs) and resource-poor landlocked countries (see Figure 3 and Appendix). Download the full paper » Authors Amadou SyFenohasina Maret Rakotondrazaka Full Article
remittance Legal tax liability, legal remittance responsibility and tax incidence: Three dimensions of business taxation By dx.doi.org Published On :: Mon, 18 Sep 2017 11:00:00 GMT This paper examines the role of businesses in the tax system. In addition to being taxed directly, businesses act as withholding agents and remitters of tax on behalf of others. Yet the share of tax revenue that businesses remit to governments outside of direct tax liabilities is under-studied. Full Article
remittance Guyana Remittances By tradingeconomics.com Published On :: Mon, 23 Apr 2018 15:28:00 GMT Remittances in Guyana increased to 415 USD Million in 2013 from 405 USD Million in 2012. Remittances in Guyana averaged 293.77 USD Million from 2001 until 2013, reaching an all time high of 424 USD Million in 2007 and a record low of 90 USD Million in 2001. Remittances in Guyana is reported by the Inter-American Development Bank. This page provides - Guyana Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Maldives Remittances By tradingeconomics.com Published On :: Tue, 25 Sep 2018 15:01:00 GMT Remittances in Maldives decreased to 5.10 USD Million in 2018 from 11 USD Million in 2017. Remittances in Maldives averaged 9.10 USD Million from 2012 until 2018, reaching an all time high of 15.60 USD Million in 2015 and a record low of 2.20 USD Million in 2013. This page provides - Maldives Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Georgia Remittances By tradingeconomics.com Published On :: Mon, 04 Mar 2019 18:00:00 GMT Remittances in Georgia increased to 421156 USD Thousands in the fourth quarter of 2018 from 411157 USD Thousands in the third quarter of 2018. Remittances in Georgia averaged 245596.88 USD Thousands from 2003 until 2018, reaching an all time high of 421156 USD Thousands in the fourth quarter of 2018 and a record low of 33643 USD Thousands in the first quarter of 2003. In Georgia, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Georgia Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Taiwan Remittances By tradingeconomics.com Published On :: Fri, 24 May 2019 12:56:00 GMT Remittances in Taiwan decreased to 52 USD Million in the fourth quarter of 2015 from 56 USD Million in the third quarter of 2015. Remittances in Taiwan averaged 23.73 USD Million from 2001 until 2015, reaching an all time high of 65 USD Million in the first quarter of 2015 and a record low of 8 USD Million in the second quarter of 2001. This page provides - Taiwan Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Tajikistan Remittances By tradingeconomics.com Published On :: Mon, 17 Jun 2019 09:15:00 GMT Remittances in Tajikistan increased to 3638 USD Thousand in the fourth quarter of 2014 from 2907.30 USD Thousand in the third quarter of 2014. Remittances in Tajikistan averaged 1168.05 USD Thousand from 1998 until 2014, reaching an all time high of 12672.50 USD Thousand in the second quarter of 2014 and a record low of -619.80 USD Thousand in the second quarter of 2009. This page provides - Tajikistan Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Haiti Remittances By tradingeconomics.com Published On :: Mon, 22 Jul 2019 10:41:00 GMT Remittances in Haiti increased to 3214.47 USD Million in 2018 from 2721.80 USD Million in 2017. Remittances in Haiti averaged 1663.03 USD Million from 2001 until 2018, reaching an all time high of 3214.47 USD Million in 2018 and a record low of 810 USD Million in 2001. In Haiti, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Haiti Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Belize Remittances By tradingeconomics.com Published On :: Tue, 10 Sep 2019 16:12:00 GMT Remittances in Belize increased to 90.20 USD Million in 2018 from 87.90 USD Million in 2017. Remittances in Belize averaged 63.95 USD Million from 2001 until 2018, reaching an all time high of 90.20 USD Million in 2018 and a record low of 24.30 USD Million in 2002. In Belize, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Belize Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Bolivia Remittances By tradingeconomics.com Published On :: Tue, 26 Nov 2019 15:36:00 GMT Remittances in Bolivia remained unchanged at 330 USD Million in the second quarter of 2019 from 330 USD Million in the first quarter of 2019. Remittances in Bolivia averaged 212.77 USD Million from 2001 until 2019, reaching an all time high of 381.32 USD Million in the fourth quarter of 2017 and a record low of 18.10 USD Million in the second quarter of 2002. In Bolivia, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Bolivia Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Kuwait Remittances By tradingeconomics.com Published On :: Sat, 11 Jan 2020 10:10:00 GMT Remittances in Kuwait decreased to 1071 KWD Million in the third quarter of 2019 from 1202 KWD Million in the second quarter of 2019. Remittances in Kuwait averaged 1129.84 KWD Million from 2012 until 2019, reaching an all time high of 1326 KWD Million in the third quarter of 2013 and a record low of 943 KWD Million in the third quarter of 2017. In Kuwait, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Kuwait Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Finland Remittances By tradingeconomics.com Published On :: Fri, 17 Jan 2020 17:58:00 GMT Remittances in Finland remained unchanged at 5 EUR Million in the first quarter of 2014 from 5 EUR Million in the fourth quarter of 2013. Remittances in Finland averaged 2.77 EUR Million from 1999 until 2014, reaching an all time high of 5 EUR Million in the first quarter of 2008 and a record low of 0 EUR Million in the second quarter of 1999. This page provides - Finland Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Luxembourg Remittances By tradingeconomics.com Published On :: Fri, 17 Jan 2020 18:19:00 GMT Remittances in Luxembourg decreased to 16 EUR Million in the first quarter of 2014 from 19 EUR Million in the fourth quarter of 2013. Remittances in Luxembourg averaged 13.70 EUR Million from 1995 until 2014, reaching an all time high of 25 EUR Million in the third quarter of 2008 and a record low of 6 EUR Million in the third quarter of 1995. This page provides - Luxembourg Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Trinidad and Tobago Remittances By tradingeconomics.com Published On :: Fri, 17 Jan 2020 18:27:00 GMT Remittances in Trinidad and Tobago increased to 131 USD Million in 2013 from 129 USD Million in 2012. Remittances in Trinidad and Tobago averaged 105.62 USD Million from 2001 until 2013, reaching an all time high of 131 USD Million in 2011 and a record low of 41 USD Million in 2001. In Trinidad and Tobago, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Trinidad and Tobago Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Uruguay Remittances By tradingeconomics.com Published On :: Fri, 17 Jan 2020 18:29:00 GMT Remittances in Uruguay increased to 115.97 USD Million in 2016 from 115.84 USD Million in 2015. Remittances in Uruguay averaged 104.16 USD Million from 2003 until 2016, reaching an all time high of 128.84 USD Million in 2011 and a record low of 61.75 USD Million in 2003. In Uruguay, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Uruguay Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Honduras Remittances By tradingeconomics.com Published On :: Tue, 21 Jan 2020 12:42:00 GMT Remittances in Honduras decreased to 459.70 USD Million in November from 501.80 USD Million in October of 2019. Remittances in Honduras averaged 198.33 USD Million from 1998 until 2019, reaching an all time high of 514.60 USD Million in July of 2019 and a record low of 11.90 USD Million in January of 1998. In Honduras, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Honduras Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Albania Remittances By tradingeconomics.com Published On :: Wed, 29 Jan 2020 16:31:00 GMT Remittances in Albania decreased to 184.64 EUR Million in the third quarter of 2019 from 185.17 EUR Million in the second quarter of 2019. Remittances in Albania averaged 179.08 EUR Million from 2004 until 2019, reaching an all time high of 295.68 EUR Million in the third quarter of 2004 and a record low of 115.07 EUR Million in the first quarter of 2004. In Albania, Remittances refers to inflows of migrants’ and short-term employee income transfers. This page provides - Albania Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Belarus Remittances By tradingeconomics.com Published On :: Wed, 29 Jan 2020 16:34:00 GMT Remittances in Belarus decreased to 118.90 USD Million in the third quarter of 2019 from 125 USD Million in the second quarter of 2019. Remittances in Belarus averaged 80.90 USD Million from 2005 until 2019, reaching an all time high of 148.60 USD Million in the fourth quarter of 2013 and a record low of 18.40 USD Million in the first quarter of 2005. In Belarus, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Belarus Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Mongolia Remittances By tradingeconomics.com Published On :: Thu, 30 Jan 2020 10:45:00 GMT Remittances in Mongolia increased to 15.60 USD Million in December from 11.40 USD Million in November of 2019. Remittances in Mongolia averaged 7.46 USD Million from 2009 until 2019, reaching an all time high of 18.61 USD Million in August of 2010 and a record low of -9.01 USD Million in September of 2012. In Mongolia, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Mongolia Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Estonia Remittances By tradingeconomics.com Published On :: Mon, 03 Feb 2020 14:27:00 GMT Remittances in Estonia increased to 79.20 EUR Million in the third quarter of 2019 from 68.20 EUR Million in the second quarter of 2019. Remittances in Estonia averaged 40.03 EUR Million from 1994 until 2019, reaching an all time high of 111.70 EUR Million in the fourth quarter of 2017 and a record low of 1.70 EUR Million in the first quarter of 1994. In Estonia, Remittances refers to inflows of current and capital transfers in cash and kind, including migrants’ and short-term employee income transfers (personal remittances) and acquired rights in social benefits (total remittances). This page provides - Estonia Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
remittance Moldova Remittances By tradingeconomics.com Published On :: Mon, 03 Feb 2020 14:34:00 GMT Remittances in Moldova decreased to 213.91 USD Million in the third quarter of 2019 from 237.28 USD Million in the second quarter of 2019. Remittances in Moldova averaged 132.89 USD Million from 1995 until 2019, reaching an all time high of 316.09 USD Million in the third quarter of 2008 and a record low of 0.02 USD Million in the fourth quarter of 1995. In Moldova, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides the latest reported value for - Moldova Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
remittance Montenegro Remittances By tradingeconomics.com Published On :: Wed, 19 Feb 2020 13:02:00 GMT Remittances in Montenegro increased to 64488.35 EUR Thousand in the fourth quarter of 2019 from 64302.72 EUR Thousand in the third quarter of 2019. Remittances in Montenegro averaged 50677.74 EUR Thousand from 2010 until 2019, reaching an all time high of 64488.35 EUR Thousand in the fourth quarter of 2019 and a record low of 35725.82 EUR Thousand in the first quarter of 2010. This page provides - Montenegro Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
