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Remittances News is an EIN News Service for international employment professionals. Constantly updated news and information about employment.
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  • PM: Bangladesh worker ban stays 30 Nov 2009 01:10 GMT
    ... a ban on the import of its workers. However, Prime Minister Datuk Seri Najib Razak ... and work abroad, and the amount of money they send home is far higher than the official figures. Remittances are Bangladesh's second-highest earner after exports and ...

  • Dubai debt crisis to keep rupee under pressure 30 Nov 2009 00:12 GMT
    ... about the one-sided nature of the Japanese currency's move. Even the threat from the finance ... are crucial from the perspective of overall employment, wage growth and consumer spending. In the ... implications for capital inflows as well as remittance-related dollar inflows into India. The RBI would ...

  • Home from Dubai for Eid, workers axed over SMS 29 Nov 2009 19:32 GMT
    ... hours. We have not even taken our salaries for the past four months as we wanted to save money to get our families to UAE. Our dreams ... in 2008, India got $43.5 billion as remittances from those working in the UAE. A ...

  • Govt tracking Dubai fallout, missions directed to help workers 29 Nov 2009 10:53 GMT
    ... whether the debt crisis would impact the remittances, Ravi dismissed such fears saying he was ... Indians residing in the country are blue-collar workers. Secretary in the overseas Indian ministry K ...

  • More than 120 rural banks engage in foreign money transfer 29 Nov 2009 16:00 GMT
    ... than 120 rural banks engage in foreign money transfer Agona Nkwanta (W/R) Nov 29, GNA - ... twenty-four rural banks now deliver foreign money remittances through the Western Union Money Transfer system, ...

  • Government urged to help Gulf returnees 29 Nov 2009 01:34 GMT
    ... are working there," Isaac said. "See, a worker spends a lot of money to get a job Dubai and reach there. ... for nearly half of the country's inward remittances worth $25 million annually. An estimated five ...

  • Dubai crisis: India says no need to panic 29 Nov 2009 17:12 GMT
    ... job cuts and its adverse fallout on remittance-dependent economy in Kerala but India on Sunday ... following the crisis which could badly affect workers from the state. Over two million migrants ... said. Lakhs of workers from India are employed in realty and other sectors in Dubai ...

  • Wait And Watch 29 Nov 2009 19:12 GMT
    ... contributing over 10 per cent of incoming remittances. Yet if incomes of the families of ... of the families of immigrants and contracted workers dip, it's worth recalling that money flow has been thinning for some time. Also, ...

  • Dubai crisis: Making mountain out of molehill? 29 Nov 2009 12:03 GMT
    ... of families across India-- dependent on regular remittances from the Middle East-- after Dubai World's ... particularly in construction sector in Dubai which employs numerous workers from India. Local Indian businessmen said it ...

  • No job losses, exodus due to Dubai crisis: Indian consulate 29 Nov 2009 12:11 GMT
    ... or an exodus back home. Million of workers from India are employed in reatly and other sectors in Dubai ... cities and their families are dependent on remittances. Indians form 42.3% of the population of ...

  • Sovereign default spectre 29 Nov 2009 17:50 GMT
    ... some tremors in India, especially from lower remittances. One-third of the money sent home by overseas Indians comes from West ... the Centre to offer financial aid to workers returning from West Asia to Kerala, a ...

  • Fallout from Dubai crisis will spare Lebanese economy 29 Nov 2009 22:01 GMT
    ... Most of the Lebanese expatriates are white-collar employees with professions ranging from engineers to top ... some concern that the size of the remittances sent by Lebanese in the UAE in ... the crisis in Dubai. “Lebanon is a money maker for these Gulf companies and I don’t ...

  • Dubai's Debt Default Fears Shake Investor Confidence, Rattle Stock Markets 29 Nov 2009 07:10 GMT
    ... 10 to 12 percent of India's inward remittances, CLSA said in a report. The UAE ... are active in handling remittances from overseas workers and India's banking index was down 3 ...

  • Gulf crisis causes concern in Kerala 29 Nov 2009 07:32 GMT
    ... on the state's economy, heavily dependent on remittances. The crisis erupted last week when the ... the crisis which would badly affect migrant workers from Kerala. "A majority of workers in ...

  • `No job losses, exodus due to Dubai crisis` 29 Nov 2009 13:12 GMT
    ... or an exodus back home. Million of workers from India are employed in reatly and other sectors in Dubai ... cities and their families are dependent on remittances. Indians form 42.3 percent of the population ...


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