Nepal seeks to cut migrant deaths with safety training KATHMANDU: In a bid to reduce migrant deaths in the Middle East and Asia, millions of Nepalis who work overseas will be given mandatory safety training before departure, officials said on Tuesday. About 1,000 out of an estimated 4 million Nepali... Women 12 Feb, 2020
Encourage remittance inflows: But not dependency syndrome The successful mobilisation of remittances for productive purposes basically hinges on the capacity of the government to build a ‘development-centred’ macroeconomic environment and supporting a viable and inclusive financial sector The inflow of... 09 Dec, 2019
Remittance inflows: Benefits outweigh costs A large chunk of the remittance-related investment has also raised the stock of wealth of the migrant household in the form of land and housing, all of which have indirect macro-economic impacts on development Migrant remittances are a long-standing... 04 Jun, 2019
Role of remittances Migrant remittances refer to that portion of migrants’ earnings sent from the migration destination to the place of origin. Today, remittance constitutes a significant portion of the GDP in many countries. The UN projects that between 2015 and 2030,... 08 Dec, 2017
Remittance better than last year’s; WB predicts fall soon KATHMANDU: By the end of the first 10 months of the fiscal year 2008-09, remittance touched Rs 169.17 billion — a 55 per cent increase in comparison to the same period in the fiscal year 2007-08, according to a Nepal Rastra Bank (NRB) report.... 16 Jul, 2009
Ranabhat becomes NAFEA president Kathmandu, April 6:The 16th AGM of Nepal Association of Foreign Employment Agencies (NAFEA) on Saturday elected Tilak Bahadur Ranabhat of Noor Opportunities Overseas Pvt Ltd as its president for the next two-year term. Ranabhat got 161 votes against... 06 Apr, 2008
India top receiver of remittances Washington, March 21:India is the top receiver of remittances from abroad in 2007, followed by China and Mexico, according to the World Bank’s Migration and Remittances Fact book 2008 launched yesterday.The top five recipients of migrant remittances... 21 Mar, 2008
Millions move one way, billions another Julio Godoy Remittances from migrant workers are now almost double official development assistance, the Global Development Finance (GDF) 2005 report of the World Bank says. Migrants from Africa, Latin America and Asia working in the industrialised... 17 Apr, 2005