Looking for alternatives to Middle East for manpower exports: Foreign minister 
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
SATURDAY, MAY 28, 2022
SATURDAY, MAY 28, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
Looking for alternatives to Middle East for manpower exports: Foreign minister 

Economy

TBS Report 
01 December, 2021, 09:55 pm
Last modified: 01 December, 2021, 09:58 pm

Related News

  • Momen, Jaishankar to inaugurate River Conclave in Guwahati Saturday
  • Dhaka seeks Seoul’s 'extra initiative' for Rohingya repatriation
  • Recruiters against Malaysian labour market syndication
  • Bangladesh seeks diversified investment from US
  • FM Momen hopeful of early signing of Teesta; India looks forward to Hasina’s visit

Looking for alternatives to Middle East for manpower exports: Foreign minister 

The country’s export volume has now reached around $40 billion from only $12 billion in 2009

TBS Report 
01 December, 2021, 09:55 pm
Last modified: 01 December, 2021, 09:58 pm
Foreign Minister Dr AK Abdul Momen. Picture: File Photo
Foreign Minister Dr AK Abdul Momen. Picture: File Photo

The government is now exploring new alternative labour markets, given the fragile future of jobs in the Middle East, said Foreign Minister AK Abdul Momen on Wednesday.

"Around 1.22 crore Bangladeshi migrant workers are currently employed abroad. Most of them are working in the Middle East. But the employment situation in the Gulf region will not remain favourable in the future. So, we are trying to send workers to alternative labour markets," the foreign minister said while addressing a programme on Bangladesh's diplomatic success over the last 50 years since independence, organised by Bangabandhu Foundation in the capital.

For example, the government has completed all processes to send 10,000 workers to Romania as an alternative market, Abdul Momen said.

He also said the government has taken up all long-term initiatives to implement the roadmap charted out by the prime minister. One of her big moves is to create job opportunities for the people at home and abroad.

The foreign minister said, "To boost the economy, we have launched two packages. One is economic diplomacy and another is for increasing exports."

The country's export volume has now reached around $40 billion from only $12 billion in 2009, he also said, adding, "We want to increase it all the more." 

Abdul Momen said they will brand Bangladesh as a land of opportunities all over the world. If investments go up, so will employment opportunities.

The return on investment in Bangladesh is the highest in the region, he noted.

"We are informing big foreign companies about the investment-friendly environment in our country. We are also working on investment proposals that we got even in the pandemic time," the foreign minister said. 

 

Bangladesh / Top News

Foreign Minister Dr AK Abdul Momen / manpower / Expatriate Workers

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Mahbub Ahmed. Illustration: TBS
    Budget should focus more on inflation control than on growth
  • Govt borrows 51% of target thru’ savings certificate sales in 9 months
    Govt borrows 51% of target thru’ savings certificate sales in 9 months
  • Protecting Hatirjheel would require striking a balance between the preservation of its natural beauty, fisheries and ease of communication. PHOTO: Mumit M
    Can the Hatirjheel water taxi service be stopped?

MOST VIEWED

  • British International Investment (BII) CEO Nick O’Donohoe. Illustration: TBS
    BII to invest $450m in Bangladesh in 5 years
  • Representational image. Picture: Pixabay
    Govt raises regulatory duty to discourage imports of 130 products
  • All banks have to sell dollars at same rate
    All banks have to sell dollars at same rate
  • Representational Image. Photo: Mumit M/TBS
    Govt to list products to suspend imports amid dollar crisis
  • BPC hunts for dollar to import fuel oil
    BPC hunts for dollar to import fuel oil
  • Changes in NBFIs’ deposit, lending rates in the offing
    Changes in NBFIs’ deposit, lending rates in the offing

Related News

  • Momen, Jaishankar to inaugurate River Conclave in Guwahati Saturday
  • Dhaka seeks Seoul’s 'extra initiative' for Rohingya repatriation
  • Recruiters against Malaysian labour market syndication
  • Bangladesh seeks diversified investment from US
  • FM Momen hopeful of early signing of Teesta; India looks forward to Hasina’s visit

Features

A male Baya Weaver beating wings. Photo: Enam Ul Haque

Baya Weavers weave: ‘Must be witnessed to be fully credited’

3h | Panorama
Starlink is ideal in rural or remote locations where internet access has been unreliable or completely unavailable. Photo: SpaceX

Time for a reality check: How viable is Starlink in Bangladesh?

4h | Panorama
First Look: Nissan Magnite 1.0L Turbo

First Look: Nissan Magnite 1.0L Turbo

3h | Wheels
Car myths that really need to go away

Car myths that really need to go away

4h | Wheels

More Videos from TBS

Foods that will prevent future famines

Foods that will prevent future famines

2h | Videos
Sustainable initiative of Pcycle creating employment

Sustainable initiative of Pcycle creating employment

2h | Videos
Photo: TBS

Education at Tk1 changing lives, making dreams come true

4h | Videos
Photo: TBS

An electricity bill that connects Brahmanbaria with Tripura

4h | Videos

Most Read

1
Bangladesh at risk of losing ownership of Banglar Samriddhi
Bangladesh

Bangladesh at risk of losing ownership of Banglar Samriddhi

2
Corporates go cashless…tax cut on cards
NBR

Corporates go cashless…tax cut on cards

3
Photo: Courtesy
Panorama

Misfit Technologies: A Singaporean startup rooted firmly in Bangladesh

4
Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
Bangladesh

Tk100 for bike, Tk2,400 for bus to cross Padma Bridge

5
British International Investment (BII) CEO Nick O’Donohoe. Illustration: TBS
Economy

BII to invest $450m in Bangladesh in 5 years

6
Representational image. Picture: Pixabay
Economy

Govt raises regulatory duty to discourage imports of 130 products

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab