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Textiles stuck at $15-18b despite subsidies; remittances hit $4.25b in May alone
Eid-related inflows drive 15.4% growth; S Arabia, UAE lead with over $1b each
The latest Finance Ministry data showed that remittances increased by 11.5% from the previous year to ¥1.004 trillion, double the figure recorded in 2015.
The U.S. remained the largest source of remittances to Kenya at 43.5 per cent, as the report showed Kenyans abroad sent home Ksh931.8 billion in 2025.
BISHKEK, June 10 (Xinhua) -- Remittances received by Kyrgyzstan in March of this year totaled 255.2 million U.S. dollars, according to the National Bank of Kyrgyzstan. The data pub...
Remittances from Moroccans living abroad continue to play a major role in the Moroccan economy. According to the latest data from the Exchange Office, diaspora remittances exceeded...
Tola Associates estimates $20b annual inflows; PBC seeks tax relief to stem wealth exodus
Diapora remittances continued to soar as Kenyan households received Sh931.8 billion from relatives and friends abroad in the 12 months to May 2025. The figure highlights the diaspo...
Migrant workers in the six Gulf Cooperation Council countries sent an estimated $124 billion home in 2024, supporting families from Asia and the broader Middle East to Africa.
Ripple partner SBI Remit has surpassed $15.6 billion in international remittances, putting XRP’s cross-border use cases in spotlight amid rising institutional participation.
The Volunteer State will add a $10 tax for cross-border payments, and an extra 2% fee for some, under a new law drawing the ire of payments players.
Hong Kong’s Social Welfare Department (SWD) has launched a free cross-border remittance service for elderly recipients of portable cash assistance. Proposed in the 2025 Policy Addr...
The cross-border payment leader is still firing on all cylinders.
Every year, millions of migrant workers send billions of dollars back home to family members in Africa and Asia. A mother in London wires money to her parents in Lagos. The post Wh...
Remitly, a digital remittance provider serving global migrants, reported a notable insider sale amid steady financial performance.
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