What Are Productive Investment Sectors In Senegal For Low-Mid Size Businesses To Expand Business?

Are you planning to send money to Senegal for investment? Senegal has a well-diversified economy, characterized by a high reliance on imports, a low export rate, and a relatively small domestic market. More than 60% of the workforce now works in agriculture, which accounts for less than 17% of the country’s […]

What Are The Steps Necessary To Be Taken To Increase Remittance To Bangladesh?

Bangladeshis primary purpose of working abroad is to send money to Bangladesh to support the family. Bangladesh has experienced frequent and massive labor migration to other countries since the 1980s, and it is still one of Asia’s most remittance-receiving countries. Remittances, like overseas jobs, have been growing year after year as […]

What Are Dual Nationality Problems In International Investment Arbitration?

Do you know Pakistani dual nationals in abroad countries send money to Pakistan? “Multiple nationalities” refers to a situation in which an individual is considered a resident of multiple countries at the same time. The most common form of various nationalities is “dual nationality,” described as a citizen of two states. […]

How Is Bangladesh Struggling To Keep the Trend Of Remittance Going Upward During Current Pandemic Situation?

Bangladeshi expatriates send money to Bangladesh is increased during covid-19 lockdown due to restrictions to stay-at-home. As compared to the same time last year, Bangladesh’s remittance inflow increased by 50% in March. The high inflow pattern began at the start of the current fiscal year (FY2020-21) but eventually slowed before the […]

How India Pips China, US, Others In 2020 and Leads Global Tally With Highest Online Money Transfers?

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Digitalization has changed the way people send money to India and even domestic transactions. The November 2016 demonetization was perhaps the most significant trigger for India’s digitization. At the time, Indian Prime Minister Narendra Modi declared the demonetization of the 500 and 1,000-rupee paper currency, causing widespread economic disruption. Even though […]

What Are The Reasons Behind Ten Consecutive Months Of Remittance Above £2 Billion?

Sending money to Pakistan in a bank account for roughly 86 percent of Pakistan’s secondary income balance, emphasizing their importance for the country’s overall foreign exchange reserves. Pakistan received USD 21 billion in remittances between 2020 and 2021, nearly equaling the country’s total export bill. It is worth noting that the […]