23 Feb 2017
BANGLADESH: Overseas Workers Banned From Low-Skill Roles to Curb Outward Remittances
In a move designed to stem the outflow of remittances, companies have been banned from employing low-skilled foreign workers in positions that could be filled by local employees in Bangladesh. The restriction, however, will not apply to the oil and gas exploration sector, where there is a recognised shortage of properly-qualified local workers. In other sectors, where local workers lack the required skill, overseas employees will be offered four-month work permits.
At present, there are about 200,000 overseas workers in Bangladesh, collectively earning around US$5 billion per annum. Officially, foreign companies are allowed to employ one overseas worker per every 20 local employees, but it is believed that this requirement is frequently ignored.