By this time next year, LIRNEasia will have much to say on this subject.
Western Union Empire Moves Migrant Cash Home – New York Times
With five times as many locations worldwide as McDonald’s, Starbucks, Burger King and Wal-Mart combined, Western Union is the lone behemoth among hundreds of money transfer companies. Little noticed by the public and seldom studied by scholars, these businesses form the infrastructure of global migration, a force remaking economics, politics and cultures across the world.
Last year migrants from poor countries sent home $300 billion, nearly three times the world’s foreign aid budgets combined.
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2 Comments
Donald Gaminitillake
Interesting from telegrames to money trasfers
In srilanka Ceylinco group promoted this product with lots of ad on TV “Uncle Johnson” sending the money to buy a wedding ring!!!!
Today Ceylinco is out of this western union but Peoples Bank has taken agency!!! Also I have seen NDB and Aitkenspence has joined.
Donald
Jimmy T
One would expect remittances to remain relatively stable because the money isn’t usually used for investments, but I guess unemployment is going to hurt just about everyone! Here is an interesting article on why remittances might fall in the next couple of years: https://www.mindreign.com/en/mindshare/Global-Economics/Remittances/sl35291137bp484cpp10pn1.html
LIRNEasia CEO Helani Galpaya at the Launch of State of India’s Digital Economy Report
The ICRIER-PROSUS Center for Internet and Digital Economy (IPCIDE) had its annual conference in New Delhi on the 1st of June 2026 in New Delhi, India. LIRNEasia CEO Helani Galpaya participated in the opening panel and discussed the report.
Harnessing Data for Democratic Development in South and Southeast Asia: South Korea Country Report
This report on data protection in South Korea is part of the “Harnessing Data for Democratic Development in South and Southeast Asia” (D4DAsia) project, which aims, inter alia, to create and mobilize new knowledge about the tensions, gaps, and evolution of the data governance ecosystem, taking into account both formal and informal policies and practices. This report presents a focused case study of South Korea’s evolving data protection framework and its efforts to balance strong privacy protections with data-driven innovation
Harnessing Data for Democratic Development in South and Southeast Asia: Nepal Country Report
This report on data governance in Nepal is part of the “Harnessing Data for Democratic Development in South and Southeast Asia” (D4DAsia) project, which aims, inter alia, to create and mobilize new knowledge about the tensions, gaps, and evolution of the data governance ecosystem, taking into account both formal and informal policies and practices. The report provides an overview of Nepal’s constitutional and governance framework and examines the laws, policies, and institutional arrangements that shape the collection, processing, storage, access, and sharing of data.
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