Browse Day

April 3, 2025

Bangladesh ranks 181st in global passport power index

Bangladesh has been ranked 181st in the 2024 edition of the Nomad Passport Index, released yesterday by global consultancy firm Nomad Capitalist. The index evaluates the strength of 200 passports worldwide, taking into account not only visa-free access but also factors such as taxation, global perception, and personal freedoms.

Bangladeshi passport holders can currently travel to 50 countries either visa-free or by obtaining a visa on arrival. The country scored 38 o...

‘In economic terms, Trump’s tariffs make no sense at all’

From world leaders, to the tiniest manufacturers thousands of miles from Washington, decision-makers across the global economy are racked with uncertainty as they scramble to come to terms with Donald Trump’s historic tariffs.

[caption id="attachment_33395" align="alignleft" width="562"] Donald Trump and China’s President Xi Jinping. China reacted to the tariffs hike with a reciprocal 34% levy, sending markets plummeting[/caption]

...

Companies sought to diversify from China

Asian countries that produce for the apparel industry among those that could feel particular strain

Several Asian nations reeled on Thursday as they were hit with some of U.S. President Donald Trump's heftiest tariffs, which now threaten the economies that have benefited from investment after Trump imposed levies on China during his first term. Six of the nine Southeast Asian countries listed by Trump were slapped with much bigger-than-expected tariffs of between 32 per cent and 49 per cent on Wednesday. By comparison, the level for the European Union was 20 per cent, and Japan was at 24 per cent. So far, none of the Southeast Asian nations has spoken of retaliatory tariffs.
  • 1
  • 2
Verified by MonsterInsights