Bangladesh has witnessed a remarkable economic milestone as remittance inflows reached an all-time high of $30.04 billion in ...

Last year, total personal remittances from overseas Filipino workers (OFWs) to the Philippines reached $38.34 billion, representing a 3% increase from the $37.21 billion recorded in 2023. Cash ...

A new tax on cash remittances sent from the U.S. to Mexico could result in a 25% decrease in Mexico's domestic consumption, ...

Reuters reports that this proposed tightening reflects India’s growing caution regarding the increase in outward remittances and its measured approach to achieving full rupee convertibility.

New legislation introducing a 1% tax on cash remittances sent from the United States to Mexico could result in a 25% decrease in Mexico’s domestic spending, the president of the National ...