The government has taken measures to stop illegal Voice over Internet Protocol (VoIP). “The government is following zero tolerance policy to stop illegal VoIP and we have already taken some measures to bring down the illegal call termination to zero” the State Minister for Post and Telecommunications…

Chinese Ambassador in Dhaka Ma Mingqiang has said Bangladesh is becoming the ‘most known’  investment destination attracting more and more Chinese investors,  reports UNB. He made the remark while addressing a function -‘China-Bangladesh Friendship Photo Exhibition’…

Five international geophysical companies have submitted tender documents for conducting a 2D multi-client seismic survey to hunt for offshore hydrocarbon reserves of Bangladesh's areas on Sunday. Five companies are: Norway-US joint venture company TGS-NOPEC and Schlumberger, Chinese company BGP,…

AFP, BAGHDAD: Iraqi oil exports rose in January compared to the previous month but revenue fell by more than $650 million due to plunging crude prices, the oil ministry said yesterday. Baghdad is facing a financial crisis due to the fall in oil prices, which the ministry said averaged $22.21 in January—less…

Some 377.8 million mobile phones were shipped worldwide in the fourth quarter of 2015, 5.7 per cent more than in the fourth quarter of 2014, according to IDC. For the full year, shipments rose by 10.1 per cent to 1.43 billion units, reports Telecompaper.   Samsung remained the leader with sales…

AFP, HONG KONG:  Shanghai and Hong Kong stocks fell yesterday after a gauge of Chinese factory activity hit a more than three-year low, but the Nikkei…

AFP, BEIJING: Chinese football clubs are splashing their cash in Europe, as wealthy owners embrace President Xi Jinping’s vision of the sleeping…

As companies in every industry strive to become end-to-end digital enterprises, Oracle CEO Safra Catz—who earlier in her career led that very transformation at Oracle—offers this advice: “The attitude you need to have is not ‘think outside of the box.’ Instead, it’s…

Companies are finding some of the oddest locations for data centers these days. Facebook, for example, built a data centre in Lulea in Sweden because…

Dhaka stocks showed little recovery yesterday breaking an eight-session fall that started on January 19. The broader DSEX price index at Dhaka Stock Exchange (DSE) eased up by over 19 points to close the week's second session at 4560.42, reports BSS. Similarly, the blue-chip DS30 and the Shariah…

AFP, WUHAN:  French car giant Renault opened its first car factory in China on Monday, the last major manufacturer to set up a plant in the country as it looks to tap into the world’s biggest auto market. The factory in Wuhan, a carmaking hub in the central province of Hubei, is a joint venture…

AFP, COLOMBO: Sri Lanka's government announced yesterday it would take a 25 per cent stake in a joint venture with Google designed to deliver a high-speed Internet service powered by balloons and that tests would begin this month. Telecommunications Minister Harin Fernando said Google has taken…

AFP, WASHINGTON: Barclays and Credit Suisse will pay $154.3 million combined to settle charges that they violated federal securities laws over their so-called "dark pools," the US Securities and Exchange Commission said Sunday. They agreed to record individual settlements for operating alternative…

AFP, KUWAIT CITY: Saudi Telecom Co. (STC) said yesterday it has raised its share in Kuwait Telcom Co. (VIVA) to a controlling stake after acquiring 25.8 percent of shares for $425 million. STC, the largest Arab telecommunications firm in terms of capitalisation, had held a 26-percent stake in VIVA since…

AFP, TOKYO: The yen sank again yesterday, extending losses after the Bank of Japan unveiled shock stimulus last week, while emerging currencies took a hit as weak China manufacturing figures stirred worries about the world's number two economy. Japan's central bank on Friday announced it would…

AFP, LONDON: British aircraft engine maker Rolls-Royce said yesterday that it has won a lucrative engines contract from Scandinavian carrier Norwegian in a deal worth $2.7 billion (2.5 billion euros). “Rolls-Royce has won a $2.7bn order from Norwegian for Trent 1000 engines... for 19 new Boeing…

AFP, PARIS: European manufacturer of turboprop aircraft ATR said yesterday it had signed a one-billion-euro deal with Iran Air for up to 40 planes after the dropping of US sanctions against Iran. Under the accord inked in Tehran, ATR is to provide the Iranian national flag carrier with 20 ATR 72-600…

The National Productivity Organisation (NPO) under the Ministry of Industry has recently conducted a two-day training program on productivity development and quality management at Posmi Sweaters Ltd premises in the capital, says a press statement. Some 60 employees of Posmi Sweaters Ltd, Spectra Sweaters…

XINHUA, JERUSALEM: Israeli and Turkish energy firms signed an agreement on Sunday to sell 1.3 billion U.S. dollars’ worth of gas to Edeltech, Israel’s Leviathan natural gas field offshore partners announced. The Leviathan natural gas field was discovered in 2010 and holds an estimated 622…

AFP, SINGAPORE: Oil prices halted their rise in Asia yesterday, hurt by the strengthening US currency which makes the dollar-price commodity more expensive. The greenback rose after Japan’s central bank shocked markets Friday with a decision to adopt a below-zero interest rate policy in a bid…