Dhaka, July 10 -- Chinese airlines operating in Bangladesh are reportedly facing complexities in remitting earnings to their headquarters due to "non-approval" from the central bank, officials have said.
One of the airliners alone has over $2.5 million in earnings stuck. The company is "losing its income due to fluctuation in foreign currency exchange rate," it said.
The Chinese Embassy in Dhaka in a recent letter to the Ministry of Foreign Affairs (MoFA) made a request to coordinate the issue with the central bank so that the airlines can remit their earnings smoothly. Later, the MoFA has sought the finance ministry's intervention to resolve the problem.
The embassy in the letter mentioned that Chinese airlines have constantly increas...
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