Walton TV Aids Bangladesh Lunar Satellite Project

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.

Singer Bangladesh has opened a new home appliances plant in the Bangladesh Special Economic Zone (BSEZ) in Araihazar, Narayanganj, as part of its expansion strategy to boost local manufacturing. The project, approved by the board on March 30, 2022, involved an investment of Tk 603.89 crore, with Tk 580.33 crore allocated for machinery and plant construction.

Bangladesh's electronics sector faces challenges due to inflation, currency devaluation, and reduced consumer spending. An 11% taka devaluation increased import costs, impacting prices. Consumer uncertainty, political unrest, and LC issues disrupted supply chains.

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.

Singer Bangladesh has begun commercial production at its new plant in the Bangladesh Special Economic Zone (BSEZ) in Araihazar, Narayanganj, following a $78 million investment from Arcelik. The facility, covering 35 acres, will locally manufacture over 90% of components, reducing import dependence.

The National Board of Revenue (NBR) has doubled the corporate income tax rate to 20 percent for manufacturers of freezers, refrigerators, motorcycles, air conditioners, and compressors, starting from the fiscal year 2025-26. According to a notification issued today, these revised tax rates will be in effect until June 30, 2032.