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NBR looks to expand base of VAT payers

The National Board of Revenue (NBR) has taken a move to expand its Value Added Tax (VAT) base, with a view to increasing revenue collection for the national exchequer. In a meeting chaired by NBR chairman Md Abdur Rahman Khan on Thursday, the field-level officials of Dhaka have been asked to be more active and sincere for improving VAT collection keeping aside the stories of growth.

An official who was present at the meeting said that the NBR chairman has instructed them to expan...

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...

China hits back at Trump tariffs with extra 34pc tax on US goods

China has announced that it will impose an additional 34% tariff on all US goods, effective from 10 April.

The decision comes as a response to the latest trade measures taken by the United States, which China claims are "not in line with international trade rules," according to its finance ministry, reports BBC.

This move follows US President Donald Trump's announcement of a 54% tariff on Chinese products, which includes earlier duties already in place. The escalating trade tensions have sent global markets tumbling for a second consecutive day, fuelling fears of a potential global economic downturn.

Yunus, Modi meeting marks effort to rebuilding trust

In a significant diplomatic engagement, Chief Adviser Muhammad Yunus of Bangladesh and Indian Prime Minister Narendra Modi met during the BIMSTEC summit in Bangkok on Friday. This marked their first official interaction since the ousting of the Sheikh Hasina government in August 2024. The meeting took place against the backdrop of increasingly strained ties between the two South Asian nations. The leaders exchanged greetings with mutual respect, emphasising a willingness to engage in open dialogue. Their candid 40-minute conversation was described as productive and constructive.

Key Discussions

Bangladesh Requests<...

1st-ever Yunus-Modi meet held on BIMSTEC sidelines

Chief Adviser Professor Muhammad Yunus and Indian Prime Minister Narendra Modi joined a bilateral meeting on the sidelines of the sixth BIMSTEC Summit in Bangkok, Thailand, today (Friday). Chief Adviser's Press Secretary Shafiqul Alam confirmed the media. Chief Adviser Dr Muhammad Yunus raised a number of issues in the meeting, including deposed Prime Minister Sheikh Hasina’s extradition, water sharing of common rivers and border killings with Indian Prime Minister Narendra Modi during the much-talked-about bilateral meeting on the sidelines of the BIMSTEC Summit. Chief Adviser's Press Secretary Shafiqul Alam briefed reporters ...

CA leaves for Bangkok to attend BIMSTEC Summit

Chief Adviser Professor Muhammad Yunus departed for Bangkok at 8:55 am (Thursday morning) by a Biman Bangladesh Airlines flight to attend the sixth Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit. Chief Adviser's High Representative on Rohingya and priority issues Dr Khalilur Rahman informed that the BIMSTEC Summit 2025 will focus on seven key pillars of regional cooperation: Trade, Investment and Development; Environment and Climate Change; Security; Agriculture and Fo...
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