Reduced source tax on export from January

    DOT Desk: The National Board of Revenue (NBR) has decided to make reduced rate of source tax, 0.25 per cent, on export proceeds effective from January, 1, 2019, reports The Financial Express BD. The board will issue a clarification today (Friday), mentioning the date of effectiveness of the reduced rate of source tax, officials said….

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      Why Do Competitors Open Stores Next to One Another?

      Spatial Competition: Why do grocery stores, repair shops, and restaurants always seem to exist in groups instead of being spread evenly throughout a community? While there are several factors that might go into deciding where to place your business, clusters of similar companies can be explained by a very simple story called Hotelling’s Model of…

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        No stopping abduction in Sundarbans

        Desk Report: As many as 274 pirates of 26 gangs have surrendered to the law enforcement in the last two years, choosing to make a return to normal life. Over hundred have been killed in [gunfights[ while around 500 have been put behind the bars. Yet, the situation has hardly improved, with new gangs joining…

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          Salesforce billionaire Marc Benioff to buy Time magazine

          BBC: Time magazine is changing hands once again, nearly eight months after it was sold to US media group Meredith Corporation. The co-founder of Salesforce.com, Marc Benioff, and his wife are personally buying Time for $190m (£145.3m).In a statement, Meredith said the Benioffs “will not be involved in the day-to-day operations or journalistic decisions”. The deal…

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            Quader asks Fakhrul to quit BNP accepting failures

            DOT Desk: Awami League General Secretary Obaidul Quader today said BNP Secretary General Mirza Fakhrul Islam Alamgir should resign from his party shouldering the responsibility for the failures both in the movement and the election, reports The Daily Star. “As a secretary general he couldn’t carry out a movement for 10 minutes over the last…

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              Lose weight without starving

              UNB Want to lose weight? Are you depriving yourself from eating what you love? Here is a catch, read on to know how you can lose weight by eating not starving.   Starving yourself in the hope that few kilos S might reduce in the weighing machines, might seem a good idea to many. But,…

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                Government may exempt export-oriented sectors

                Desk Report: The government is mulling exempting export-oriented sectors including RMG from the existing mandatory obligation of group insurance amid strong opposition from rights groups, officials said, reports Financial Express. The government has already approved the proposed amendment to the labour law keeping such provision, they added. Hundred per cent export-oriented sectors, where central fund…

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