With the launch of Mobile Number Portability (MNP) the quality of mobile phone service will improve, State Minister for Posts and Telecommunications, Tarana Halim, told The Independent. Tarana said MNP service will start this March and Bangladesh Telecommunication Regulatory Commission is now waiting…

AFP, LONDON: Oil prices rallied sharply yesterday, regaining $32 per barrel as traders mulled talk of an OPEC-Russia coordinated output cut to curb oversupply. At about 1800 GMT, Brent North Sea crude for delivery in March jumped $1.84 at $32.34 per barrel. US benchmark West Texas Intermediate for March…

The telecom operators are following “go slow” policy in the ongoing biometric SIM and Removable User Identity Module (R-UIM) registration, State Minister for Posts and Telecommunications, Tarana Halim told The Independent yesterday Expressing her dissatisfaction over the progress of re-registration…

AFP, SAN FRANCISCO: Apple raised the specter of the end of a technological era after reporting Tuesday the slowest growth sales ever of its market-leading,…

AFP, PARIS: The roller coaster of oil prices. 1973: The Yom Kippur war and first oil shock  On October 16, 1973, ten days after an Egyptian/Syrian offensive is launched against Israel, six Gulf OPEC members raise oil prices by 70 percent. It is the first time since the oil cartel was formed…

AFP, TOKYO: Toyota yesterday  kept the title of world’s biggest automaker for the fourth straight year after saying it sold 10.15 million vehicles…

AFP, PARIS:  Reflecting a global economic slowdown, worldwide steel production dropped 2.8 per cent last year to 1.62 billion tons, just under half…

Some 30 brokerage houses on the Dhaka Stock Exchange (DSE), including LankaBangla Securities, could not execute trade on yesterday due a technical malfunction, report agencies. Meanwhile, stocks fell for the six consecutive sessions yesterday with key index of the DSE dipped below the 4,600-mark…

Industries Minister Amir Hossain Amu yesterday told Parliament that 395 industrial plots of 20 BSCIC estates are awaiting allotments across the country, reports UNB. A process to allocate plots among potential entrepreneurs is underway through district-level plot allotment committees, headed by Deputy…

A three-day national seminar and exhibition on “Renewable Energy to Achieve Sustainable Development Goals: Bangladesh Perspectives” began at Dhaka University (DU) Mukarram Hossain Khandker Science Building yesterday. State Minister for Power, Energy and Mineral Resources Nasrul Hamid joined…

Nearly 975 telephone lines of Bangladesh Telecommu-nications Company Limited (BTCL) under Jatrabari exchange in the capital was disconnected due to stolen cable, reports BSS. BTCL clients in Sain board, Tushar dhara, Giri dhara, Bhuigar, Saddam Market, Medical road, Shaheed nagar, Muzahid nagar, Habib…

AFP, NEW YORK:  US consumer products giant Procter & Gamble reported a jump in second-quarter earnings Tuesday, despite a strong dollar that continued to depress the value of foreign sales. Net income of $3.21 billion was up 35.1 per cent from the year-ago period as it cut costs and focused…

AFP, SEOUL: South Korean tech giant LG Electronics said. Tuesday its net profit halved last year, amid a global economic slowdown and stiff competition for its mobile phone business. LG Electronics’ 2015 net earnings came to 249.1 billion won ($205.7 million), down 50.3 per cent from the previous…