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Army chief off to Russia, Croatia on official visit

Army Chief General Waker-uz-Zaman on Sunday morning left Dhaka for Russia on an official visit. Following his stay in Russia, Waker is scheduled to go to Croatia on April 10.

During the visit, he will hold courtesy meetings with senior military and civil officials of both countries and exchange views on enhancing bilateral cooperation in defence and related sectors, said a media release sent from the Inter-Services Public Relations (ISPR).

Average tariff on US imports to Bangladesh 6pc

The average tariff rate on imports from the United States to Bangladesh was 6 per cent last year. This means that for every 100 taka worth of goods imported from the US, the government collected an average of 6.15 taka in duties and taxes. However, import-stage taxes such as value-added tax (VAT), advance income tax (AIT), and advance tax (AT) are later adjusted by businesses. Excluding these three adjustable taxes, the effective average tariff rate stood at 2.20 per cent. This analysis is based on data from the National Board of Revenue (NBR).

Nothing to be panicked: CA’s High Representative on US tariffs

Chief Adviser's High Representative Dr Khalilur Rahman said Bangladesh would soon take some measures in consultation with the US administration regarding the tariff issue, stressing that there is nothing to panic about. "We are prepared for this. We will soon take some measures. These measures will be taken in consultation with the US administration. There is nothing to fear or get panicked about. We are fully prepared," he said.

The High Representat...

Disasters drain $13.6B from Bangladesh’s economy

Bangladesh’s vulnerability to natural disasters continues to pose significant economic challenges, with floods and tropical cyclones wreaking havoc on infrastructure, industries, and livelihoods. Between 2000 and 2023, disasters affected approximately 130 million people, inflicting an estimated US$13.6 billion in damages, hindering poverty reduction efforts and sustainable development. As climate change intensifies, experts warn that extreme weather events will become more frequent and severe, necessitating stronger financial preparedness.

CA Yunus holds emergency meeting to decide on US tariffs

Chief Adviser Professor Muhammad Yunus on Saturday held an emergency meeting with top experts, advisers and officials, giving necessary directives to deal with the US tariff issue. Foreign Affairs Adviser Md Taouhid Hossain, High Representative to CA Dr Khalilur Rahman, Chief Adviser's Special Envoy Lutfey Siddiqi and Bangladesh Bank Governor Dr Ahsan H Mansur were, among others, present at the meeting held at State Guest House Jamuna to discuss the US tariff issue, CA’s Deputy Press Secretary Abul Kalam Azad Majumder told UNB.

NBR to response to US counter-tariff tomorrow

The National Board of Revenue (NBR) is set to hold a meeting tomorrow, 6 April, to decide on its next course of action in response to the recent 37% counter-tariff imposed by the United States under the Trump administration.

According to officials, the NBR is currently assessing whether there is any possibility of reducing customs duties on imports from the United States as a reciprocal measure.

US President Donald Trump announced reciprocal tariffs to match duties put on US goods by other countries, ratcheting up a trade war he kicked off on his return to the White House.

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