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…

Stocks end positive Monday

The prices of the most shares on the country’s premier bourse increased on Monday, to continue upward trend for the fifth consecutive day. The benchmark General Index of DSE, gained 26 points to reach 4,197 points at closing of the…

BGMEA sit-in calls for arrests

Apparel workers on Monday held the owners of Tazreen Fashions and Smart Fashions responsible for the death of at least 118 workers in devastating fires, demanding they be arrested by Jan 31. They hit the authorities with the deadline from…

‘President’s call useless’

he chief opposition party’s MP Moudud Ahmed said the call bore no value. “It’s not consistent with the reality. That’s why we cannot respond to the President’s call.” Zillur made the call during his opening speech at the 16th session…

Congress team for duty free access to US

Foreign Minister Dr Dipu Moni categorically said visiting US Congressional delegation thinks that Bangladesh should get duty free access of its products to US market. The foreign minister also suggested Bangladesh to appoint lobbyists as they need support of more…

Padma Bridge getting new design

Prime Minister Sheikh Hasina categorically said that with the help of army, Bangladesh University of Science and Technology (BUET) and Bridges Division a new design for Padma Bridge would be prepared by the next six months. The premier came up…

Mymensingh to be City Corp

The government has decided to upgrade Mymensingh municipality to a City Corporation. Prime Minister Sheikh Hasina on Sunday told Awami League Parliamentary Party at a meeting that the proposal would be placed at the next meeting of National Implementation Committee…