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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.

Content provided by Picture: HKTDC Research
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