UK could lose AAA credit status in 2013

Economists are warning that Britain’s lifeless economy and slow progress in spending cuts endangers its privileged AAA credit status, which may be downgraded by credit ratings agencies this year. This week, thirty-one economists surveyed, gave a median 60 percent chance…

DSE gaining

The key index of Dhaka Stock Exchange gained more than 58 points to stand at over 4,149 points after two hours of trade on Tuesday. Shares and mutual funds worth over Tk 1.78 billion changed hands with 219 issues gaining,…

‘Bangladesh an East-West bridge’

Prime Minister Sheikh Hasina says that Bangladesh’s geographic location makes it a ‘convenient connecting hub’ between the Eastern and Western countries. “It’s essential to utilise this opportunity (geographical location) properly for the country’s socioeconomic development,” she said on Tuesday while…