Posted May 7th, 2021 for 1STOCK
1Stock Limited organises USD 261.5 million aircraft for Employment Recruitment Companies in Uganda.
The externalisation of labour is a fast growing sector around the world with Uganda said to receive over USD 2 billion in annual remittances.
Kampala, Kampala, Uganda., May 7, 2021 - /PressReleasePoint/ - 1Stock Limited, an investment management company, through its Aircraft Charter division, recently arranged a USD 261.5 million (UGX 955 billion) Boeing 777-200 to help alleviate transport needs for Employment Recruitment Companies in Uganda with flights scheduled to begin later this month.
There are over 200 Licensed Labour externalising companies that contribute immensely to direct employment opportunities for Ugandans.
Bangladesh forex reserve makes history crossing $45 bn
Staff Correspondent
3rd May, 2021 10:02:01
Bangladesh’s forex reserve has been crossed $45 billion for the first time in the country’s history.
Bangladesh’s forex reserves have been rising since March 2020 and it crossed another milestone on current month despite Covid-19 pandemic.
According Bangladesh Bank, the forex reserves was $37 billion in July, $ 35.85 billion in June, $33.22 billion in May and $32.92 billion in April of 2020.
The reserve volume increased while the import volume of Bangladesh decreased and the reserve increased again when import demand is decreased.
Experts said the forex reserve has increased due to inward remittance and downfall of import payment.
Mortgage rates are rising. Read this before you refinance
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First find the difference between your current mortgage rate and the potential savings of a refinance offer
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Julia Carpenter
, The Wall Street Journal
If you haven’t refinanced yet, is it still worth it? Homeowners have a lot to consider before signing that application
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Mortgage rates are on the rise after nearly a year of record lows, providing a nudge to homeowners who want to refinance but didn’t get around to it yet.
Does it still make sense to call up your lender and file an application? There is time to figure it out. Here are some questions to consider:
Business
March 12, 2021
KARACHI: Remittance inflows into Pakistan jumped by nearly 24.2 percent in February to $2.266 billion as government incentives attracted people abroad to send more money home through formal channels, the central bank reported on Thursday.
Workers’ remittances reached an unprecedented level of $18.7 billion in the eight months of the fiscal year, up 24.1 percent, compared with the same period a year ago.
“Policy measures undertaken by the government and SBP (State Bank of Pakistan) to encourage inflows through formal channels, limited cross-border travel due to COVID-19, medical expenses and altruistic transfers to Pakistan amid the pandemic, and orderly exchange market conditions, contributed to this sustained rise in workers’ remittances,” the SBP said.
Thomson Reuters Foundation, The New York Times
Published: 03 Mar 2021 06:07 PM BdST
Updated: 03 Mar 2021 06:09 PM BdST Myanmar citizens living in India shout slogans as they burn a poster of Myanmar s army chief Senior General Min Aung Hlaing during a protest, organised by Chin Refugee Committee, against the military coup in Myanmar, in New Delhi, India, March 3, 2021. REUTERS/
Since arriving in Thailand a few years ago, Myanmar migrant worker Own Mar Shwe had been sending money home every month for her family to buy food and medicine. );
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That came to an abrupt halt last month.
Like millions of Myanmar migrants who work abroad and send their earnings back home to dependents, the Feb 1 coup has cut a lifeline for her family with bank and remittance services heavily disrupted.