BSCCL Shows Tk 252 crore Share Capital Without Approval

Several Bangladeshi firms have partnered with Starlink to facilitate the setup of ground earth stations in the country, signing contracts with the US-based telecommunications provider. The collaboration involves space allocation, construction support, and infrastructure maintenance. Some firms are offering their own properties, while others are considering Hi-Tech Park locations.

Bangabandhu Satellite-I may experience temporary broadcast disruptions from March 7 to March 13 due to a solar outage, according to the Bangladesh Satellite Company Limited. These outages, known as solar satellite interference, occur when the sun aligns directly behind the satellite, affecting signal transmission.

Twenty-nine international internet gateway (IIG) operators in Bangladesh owe the BTRC Tk 205 crore, with top five defaulters accounting for 77% of the outstanding sum. BTCL has the highest dues at Tk 51.58 crore, followed by Earth Telecom (Tk 32.02 crore) and Aamra Technologies (Tk 25.48 crore).

TRANSFORM, an impact accelerator led by Unilever, the UK Government, and EY, announced grants of up to BDT 10 million each for two Bangladeshi SMEs focused on climate resilience.

A proposed hike in gas prices by Petrobangla has sparked major concerns among industrialists in Bangladesh, fearing economic harm. Industrial leaders argue that the increase, if approved, could lead to factory closures, job losses, and reduced industrial output, harming economic growth and potentially causing social unrest.

In FY 2023-24, the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) faced operating losses due to reduced trading, fewer IPOs, and increased costs. The DSE's core revenue of Tk 125 crore fell short of expenses, causing a Tk 20 crore loss, while the CSE incurred a Tk 10 crore loss with Tk 31 crore in core revenue.