Revenue of Aamra Networks Surges by 39%

The Dhaka Stock Exchange (DSE) saw a significant decline on Sunday, with the DSEX index falling nearly 30 points, or 0.56%, to 5,174, marking its lowest level since February 10. This drop was driven by investor unease following tensions within the Bangladesh Securities and Exchange Commission (BSEC) over the forced retirement of an executive director.

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.

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).

The Bangladesh Securities and Exchange Commission (BSEC) has halted the Tk 5 crore fundraising by Doer Services Ltd following media reports on problematic client agreements and profitability. The regulator will form a committee with the Dhaka Stock Exchange (DSE) to investigate the issues.

Trading in Treasury bonds on the Dhaka Stock Exchange (DSE) surged 55% year-on-year to Tk 1.31 billion last year, driven by higher interest rates and eased transaction processes through brokerage firms. Despite this growth, the market size has surpassed Tk 3 trillion, highlighting its potential.

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.