DSE to Inspect Quest BDC’s Operational Business

On May 20, 2025, Bangladesh’s stock market rebounded from a five-year low as bargain hunters capitalized on undervalued shares. The DSEX rose 13 points (0.28%) to 4,789 in the first hour of trading. Blue-chip and Shariah indices also posted gains.

Starlink has officially launched in Bangladesh, offering high-speed satellite internet with two packages: Residential at Tk6,000/month and Residential Lite at Tk4,200/month. A one-time setup cost of Tk47,000 is required. Users will get unlimited data with speeds up to 300 Mbps.

Over the past seven years, 56 companies raised Tk5,178 crore through IPOs in Bangladesh, but 24 of them—collectively raising over Tk2,000 crore—have been downgraded to the Z and B categories due to poor financial performance.

Internet subscribers in Bangladesh will now receive 10 Mbps internet speed for Tk 500, up from the previous 5 Mbps, as announced by the Internet Service Providers Association of Bangladesh (ISPAB). This change aligns with the Bangladesh Telecommunication Regulatory Commission's (BTRC) "One Country, One Rate" policy.

Bangladesh is constructing its first Ocean Satellite Ground Station at the University of Chittagong in collaboration with China’s Second Institute of Oceanography, with a budget of Tk70 crore (Tk60 crore funded by China). Scheduled to be operational within 2025, the station will enable real-time data collection using Chinese HY-1C/D and FY-4B satellites, offering 10–15 minute coastal forecasts and early cyclone warnings 48–72 hours in advance.

Bangladesh Satellite Company Limited (BSCL) is seeking a partnership with Starlink to launch satellite internet services in Bangladesh. BSCL has proposed hosting Starlink's gateway at its Gazipur and Betbunia stations, leveraging its infrastructure, including secure facilities and 99.99% uptime.