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	'''Bangladesh Export Import Company Limited''' (] ]: বাংলাদেশ এক্সপোর্ট ইমপোর্ট কোম্পানি লিমিটেড), commonly known by its trade name '''BEXIMCO''' (]: বেক্সিমকো) (]: BEXIMCO ]: BEXIMCO), is a ] ] ] ], headquartered in ], Bangladesh. It was founded in the early 1970s.<ref name="about">{{cite web \| url=https://www.beximcoltd.com/about-us \| title=Bangladesh Export Import Company Limited \| website=Bangladesh Export Import Company Limited }}</ref>		'''Bangladesh Export Import Company Limited''' (] ]: বাংলাদেশ এক্সপোর্ট ইমপোর্ট কোম্পানি লিমিটেড), commonly known by its trade name '''BEXIMCO''' (]: বেক্সিমকো) (]: BEXIMCO ]: BEXIMCO), is a ] ] ] ], headquartered in ], Bangladesh. It was founded in the early 1970s.<ref name="about">{{cite web \| url=https://www.beximcoltd.com/about-us \| title=Bangladesh Export Import Company Limited \| website=Bangladesh Export Import Company Limited \| archive-url=https://web.archive.org/web/20240616131243/https://www.beximcoltd.com/about-us \| archive-date=16 June 2024 }}</ref>

	BEXIMCO is Bangladesh's largest conglomerate, with the largest ] on the country's stock market. BEXIMCO currently has operations and investments across a wide range of industries including textiles, pharmaceuticals, PPE, ceramics, real estate development, construction, trading, marine food, information and communication technologies, media, financial services, and energy.<ref name="www.beximco.com">{{Cite web \|last=www.beximco.com \|title=BEXIMCO - Taking Bangladesh to the World \|url=http://www.beximco.com/ \|access-date=2023-05-28 \|website=beximco.com \|language=en}}</ref> BEXIMCO's subsidiaries export products to 55 countries worldwide.<ref name="bdnews24.com">{{cite news \|url=http://bdnews24.com/politics/2016/11/06/salman-f-rahman-remains-sheikh-hasina-s-adviser\|title=Salman F Rahman remains Sheikh Hasina's adviser \|work=bdnews24.com \|access-date=11 January 2017}}</ref> It has retail outlets in South Asia and Eastern Europe. It is one of the largest private sector employers in Bangladesh with over 70,000 people worldwide.<ref name="www.beximco.com"/>		BEXIMCO is Bangladesh's largest conglomerate, with the largest ] on the country's stock market. BEXIMCO currently has operations and investments across a wide range of industries including textiles, pharmaceuticals, PPE, ceramics, real estate development, construction, trading, marine food, information and communication technologies, media, financial services, and energy.<ref name="www.beximco.com">{{Cite web \|last=www.beximco.com \|title=BEXIMCO - Taking Bangladesh to the World \|url=http://www.beximco.com/ \|access-date=2023-05-28 \|website=beximco.com \|language=en}}</ref> BEXIMCO's subsidiaries export products to 55 countries worldwide.<ref name="bdnews24.com">{{cite news \|url=http://bdnews24.com/politics/2016/11/06/salman-f-rahman-remains-sheikh-hasina-s-adviser\|title=Salman F Rahman remains Sheikh Hasina's adviser \|work=bdnews24.com \|access-date=11 January 2017}}</ref> It has retail outlets in South Asia and Eastern Europe. It was one of the largest private sector employers in Bangladesh with over 70,000 people worldwide until it laid off 30,000 employees (nearly 75% of its workforce) in December 2024 due to lack of orders and banking support.<ref name="www.beximco.com"/><ref>{{Cite web \|date=2024-12-17 \|title=Beximco lays off 30,000 workers for lack of orders, banking support \|url=https://www.tbsnews.net/economy/industry/beximco-lays-30000-workers-lack-orders-banking-support-1021281 \|access-date=2024-12-19 \|website=The Business Standard \|language=en}}</ref> It also suffered a Tk 1.13 Billion loss in July-September quarter in 2024.<ref>{{Cite web \|title=Beximco suffers Tk 1.13 billion loss in July-Sept quarter \|url=https://thefinancialexpress.com.bd/stock/bangladesh/beximco-suffers-tk-113-billion-loss-in-july-sept-quarter \|access-date=2024-12-19 \|website=The Financial Express \|language=en}}</ref>

	~~BEXIMCO operates one of the largest integrated textile production businesses in Asia. Its main manufacturing base is the BEXIMCO Industrial Park in ], Bangladesh.~~ ], the group's pharmaceutical producer, was the first Bangladeshi company to be listed on the ].		], the group's pharmaceutical producer, was the first Bangladeshi company to be listed on the ].

	==History==		==History==
	The company was founded by brothers] and ] in 1972, right after the independence of Bangladesh. Their family was earlier engaged in the ] business. The jute factory was nationalized in the early 1970s. However, with free market reforms in the late 1970s and 1980s, the family regained many of their businesses.		The company was founded by brothers ] and ] in 1972, right after the independence of Bangladesh. Their family was earlier engaged in the ] business. The jute factory was nationalized in the early 1970s. However, with free-market reforms in the late 1970s and 1980s, the family regained many of their businesses.

	Since the early 1970s, BEXIMCO has been a pioneer in industrial and business sectors. Currently it has operations and investments across a wide range of industries including pharmaceuticals, ceramics, renewable energy, textiles, LPG,~~ ~~ food & beverage, satellite to home television, PPE, media, ICT,~~ ~~ real estate, financial services, and travel & tourism.<ref>{{Cite web\|title=BEXIMCO - Taking Bangladesh to the World\|url=https://www.beximco.com/\|access-date=2021-11-04\|website=beximco.com\|language=en}}</ref>		Since the early 1970s, BEXIMCO has been a pioneer in industrial and business sectors. Currently, it has operations and investments across a wide range of industries including pharmaceuticals, ceramics, renewable energy, textiles, LPG, food & beverage, satellite-to-home television, PPE, media, ICT, real estate, financial services, and travel & tourism.<ref>{{Cite web\|title=BEXIMCO - Taking Bangladesh to the World\|url=https://www.beximco.com/\|access-date=2021-11-04\|website=beximco.com\|language=en}}</ref>

	In 2005, ] became the first Bangladeshi company to be listed on the ] of the ].<ref>{{cite news \|url=https://www.telegraph.co.uk/finance/2923555/Bangladeshi-drugs-group-gains-London-foothold-with-Aim-listing.html\|title=Bangladeshi drugs group gains London foothold with Aim listing\|first=Rosie\|last=Murray-West \|work=The Daily Telegraph \|access-date=11 January 2017}}</ref> BEXIMCO also opened its first overseas retail outlet with the launch of the ] clothing brand in ], Pakistan.<ref>{{cite news \|url=http://bdnews24.com/bangladesh/2005/10/22/beximco-textiles-opens-fashion-outlet-yellow-in-pakistan\|title=Beximco Textiles opens fashion outlet 'Yellow' in Pakistan\|work=bdnews24.com\|access-date=11 January 2017}}</ref> Yellow has since expanded to several Bangladeshi and Pakistani cities. In 2009, ] opened a showroom in Moscow, Russia.<ref>{{cite news \|url=http://www.thedailystar.net/news-detail-94809\|title=Shinepukur Ceramics opens showroom in Moscow\|date=29 June 2009\|work=The Daily Star\|access-date=11 January 2017}}</ref> In 2010, the company acquired stakes in several major Bangladeshi businesses, including ] and Unique Hotels and Resorts.<ref>{{cite news \|url=http://bdnews24.com/business/2010/06/16/beximco-buys-into-westin\|title=Beximco buys into Westin\|work=bdnews24.com\|access-date=11 January 2017}}</ref><ref>{{cite news \|url=http://www.thedailystar.net/news-detail-93040\|title=Beximco to buy GMG stake for Tk 70cr \|work=The Daily Star \|date=18 June 2009\|access-date=11 January 2017}}</ref><ref>{{cite news \|url=http://bdnews24.com/business/2010/11/06/beximco-buys-singer-stake\|title=Beximco buys Singer stake \|work=bdnews24.com \|access-date=11 January 2017}}</ref>		In 2005, ] became the first Bangladeshi company to be listed on the ] of the ].<ref>{{cite news \|url=https://www.telegraph.co.uk/finance/2923555/Bangladeshi-drugs-group-gains-London-foothold-with-Aim-listing.html\|title=Bangladeshi drugs group gains London foothold with Aim listing\|first=Rosie\|last=Murray-West \|work=The Daily Telegraph \|access-date=11 January 2017}}</ref> BEXIMCO also opened its first overseas retail outlet with the launch of the ] clothing brand in ], Pakistan.<ref>{{cite news \|url=http://bdnews24.com/bangladesh/2005/10/22/beximco-textiles-opens-fashion-outlet-yellow-in-pakistan\|title=Beximco Textiles opens fashion outlet 'Yellow' in Pakistan\|work=bdnews24.com\|access-date=11 January 2017}}</ref> Yellow has since expanded to several Bangladeshi and Pakistani cities. In 2009, ] opened a showroom in Moscow, Russia.<ref>{{cite news \|url=http://www.thedailystar.net/news-detail-94809\|title=Shinepukur Ceramics opens showroom in Moscow\|date=29 June 2009\|work=The Daily Star\|access-date=11 January 2017}}</ref> In 2010, the company acquired stakes in several major Bangladeshi businesses, including ] and Unique Hotels and Resorts.<ref>{{cite news \|url=http://bdnews24.com/business/2010/06/16/beximco-buys-into-westin\|title=Beximco buys into Westin\|work=bdnews24.com\|access-date=11 January 2017}}</ref><ref>{{cite news \|url=http://www.thedailystar.net/news-detail-93040\|title=Beximco to buy GMG stake for Tk 70cr \|work=The Daily Star \|date=18 June 2009\|access-date=11 January 2017}}</ref><ref>{{cite news \|url=http://bdnews24.com/business/2010/11/06/beximco-buys-singer-stake\|title=Beximco buys Singer stake \|work=bdnews24.com \|access-date=11 January 2017}}</ref>

		⚫	In October 2021 BEXIMCO with other two company, Robi and ], donated 6.93cr to Labour Welfare Fund support to workers in the formal and informal sectors for accidental deaths, treatment of injuries, incurable diseases, and also for the higher education of their children.<ref>{{Cite web\|date=2021-10-26\|title=Robi, Meghna Petroleum, Beximco donate Tk6.93cr to Labour Welfare Fund\|url=https://www.tbsnews.net/economy/corporates/robi-meghna-petroleum-beximco-donate-tk693cr-labour-welfare-fund-321349\|access-date=2021-12-06\|website=The Business Standard\|language=en}}</ref>
⚫	Its vice chairman Salman F Rahman was serving as a Private Sector Development Affairs Adviser to Prime Minister and Bangladesh Awami League President Sheikh Hasina, the former Prime Minister of Bangladesh, in the past and as Private Sector Industry and Investment Adviser at the moment.<ref name="bdnews24.com" /> He's now currently arrested as they were attempting to flee by waterway from the Sadarghat area of the capital on Tuesday, 13th August 2024. They are currently charged as instigators for murder of students during the student rising movement in Dhaka.<ref>{{Cite web \|last=~~Desk~~ \|first=~~Tribune~~ \|title=Salman F Rahman, Anisul Huq arrested in Dhaka \|url=https://www.dhakatribune.com/bangladesh/354644/salman-f-rahman-and-anisul-huq-arrested-in-dhaka \|archive-date=~~13 Aug 2024~~ \|access-date=13 Aug 2024 \|website=Dhaka Tribune}}</ref>

⚫	~~Recently~~ BEXIMCO with other ~~companies~~ donated 6.93cr to Labour Welfare Fund support to workers in the formal and informal sectors for accidental deaths, treatment of injuries, incurable diseases, and also for the higher education of their children.<ref>{{Cite web\|date=2021-10-26\|title=Robi, Meghna Petroleum, Beximco donate Tk6.93cr to Labour Welfare Fund\|url=https://www.tbsnews.net/economy/corporates/robi-meghna-petroleum-beximco-donate-tk693cr-labour-welfare-fund-321349\|access-date=2021-12-06\|website=The Business Standard\|language=en}}</ref>

	In 2023, BEXIMCO Group inaugurated Teesta Solar Limited.<ref name="tbs01">{{Cite web \|date=2023-08-02 \|title=PM opens 200MW solar power plant \|url=https://www.tbsnews.net/bangladesh/energy/pm-opens-200mw-solar-power-plant-675786 \|access-date=2023-08-21 \|website=The Business Standard \|language=en}}</ref> However, the plant started supplying power to the national grid in December 2022. The plant has 520,000 solar panels at 600 acres of land at Tarapur Union. The plant has the capacity to produce 200MW of electricity. <ref>{{Cite web \|title=Teesta Solar plant improves power situation further \|url=https://businesspostbd.com/power-energy/teesta-solar-plant-improves-power-situation-in-gaibandha \|access-date=2023-08-21 \|website=businesspostbd.com \|language=en}}</ref> The plant is located on the bank of the Teesta River.<ref name="tbs01"/>		In 2023, BEXIMCO Group inaugurated Teesta Solar Limited.<ref name="tbs01">{{Cite web \|date=2023-08-02 \|title=PM opens 200MW solar power plant \|url=https://www.tbsnews.net/bangladesh/energy/pm-opens-200mw-solar-power-plant-675786 \|access-date=2023-08-21 \|website=The Business Standard \|language=en}}</ref> However, the plant started supplying power to the national grid in December 2022. The plant has 520,000 solar panels at 600 acres of land at Tarapur Union. The plant has the capacity to produce 200MW of electricity. <ref>{{Cite web \|title=Teesta Solar plant improves power situation further \|url=https://businesspostbd.com/power-energy/teesta-solar-plant-improves-power-situation-in-gaibandha \|access-date=2023-08-21 \|website=businesspostbd.com \|language=en}}</ref> The plant is located on the bank of the Teesta River.<ref name="tbs01"/>

		⚫	Its vice chairman Salman F Rahman was serving as a Private Sector Development Affairs Adviser to Prime Minister and Bangladesh Awami League President Sheikh Hasina, the former Prime Minister of Bangladesh, in the past and as Private Sector Industry and Investment Adviser at the moment.<ref name="bdnews24.com" /> He's now currently arrested as they were attempting to flee by waterway from the Sadarghat area of the capital on Tuesday, 13th August 2024. They are currently charged as instigators for murder of students during the student rising movement in Dhaka.<ref>{{Cite web \|last= \|first= \|title=Salman F Rahman, Anisul Huq arrested in Dhaka \|url=https://www.dhakatribune.com/bangladesh/354644/salman-f-rahman-and-anisul-huq-arrested-in-dhaka \|archive-date= \|access-date=13 Aug 2024 \|website=Dhaka Tribune}}</ref>
	==Key officials==
⚫	]. Beximco is the single largest stakeholder in the bank, which is one of Bangladesh's largest.]]

			In the wake of political turmoil following the fall of the ] government in August 2024, ], the founder of ] and former private industry and investment adviser to former ] ], was imprisoned. The period of instability, <u>]</u>,<ref>{{Citation \|title=Student–People's uprising \|date=2024-11-09 \|work=Misplaced Pages \|url=https://en.m.wikipedia.org/Student%E2%80%93People's_uprising \|access-date=2024-11-11 \|language=en}}</ref> <ref>{{Citation \|title=2024 Bangladesh quota reform movement \|date=2024-11-11 \|work=Misplaced Pages \|url=https://en.m.wikipedia.org/2024_Bangladesh_quota_reform_movement \|access-date=2024-11-11 \|language=en}}</ref>led to significant financial difficulties for Beximco Group. On September 5, 2024, the ] directed the appointment of a receiver to oversee all institutions of Beximco Group. This decision was made to manage the company’s financial issues and ensure the stability of its operations. This decision was upheld by the chamber judge of the Appellate Division on October 1, 2024, with a full hearing scheduled for October 28, 2024. During the hearing, the decision was deferred, and the case was adjourned until November 11, 2024 As the Supreme Court prepared to issue its decision on the receiver’s appointment, Beximco Pharmaceuticals requested a temporary suspension of trading in its shares due to the prevailing uncertainty.<ref>https://www.dhakatribune.com/bangladesh/court/360359/beximco-group-chamber-court-upholds-high-court</ref><ref>https://www.sharesmagazine.co.uk/news/market/LSE20241111110129_5424740/further-re-the-temporary-suspension-of-trading</ref>
	* A. S. F. Rahman, Chairman

	* ], Vice-chairman
			==Management==
	* O K Chowdhury, Managing Director

	* Iqbal Ahmed, Group Director
			] served as the vice chairman of BEXIMCO Group until his arrest on August 13, 2024.<ref>{{cite news \|title=Salman F Rahman, Anisul Huq arrested \|url=https://www.newagebd.net/post/country/242464/salman-f-rahman-anisul-huq-arrested \|access-date=2 October 2024 \|agency=The New Age}}</ref> He is currently under investigation for several allegations, including foreign currency smuggling, bank loan embezzlement, illegal wealth accumulation, and share market fraud. On September 19, 2024, the High Court of Bangladesh instructed the Central Bank to appoint a receiver to manage the company's operations and oversee all its assets.<ref>{{cite news \|title=Appellate Div upholds HC decision to appoint receiver at Beximco \|url=https://www.tbsnews.net/bangladesh/beximco-group-appellate-division-upholds-hc-decision-appointing-receiver-maintain-assets \|access-date=2 October 2024 \|work=The Business Standard \|date=1 October 2024 \|language=en}}</ref>
	* ABS Rahman, Group Director

	* Syed Naved Hussain, Advisor to Chairman and Vice Chairman
			The High Court of Bangladesh appointed Ruhul Amin on , the Executive Director of ], as the receiver for Beximco Group. His role is to manage the company’s operations and assets, ensuring stability and continuity during this period of financial difficulty. Bangladesh Bank Governor Ahsan H Mansur emphasized that the receivership is not meant to stall Beximco but to keep it operational. The central bank’s approval came after several months of financial instability within the conglomerate, which led to unpaid wages and protests by workers. The High Court’s order also includes recovering funds obtained by ], the founder of Beximco Pharmaceuticals, from different banks and bringing the money back to Bangladesh.<ref>https://bdnews24.com/economy/ae330fc3c153</ref><ref>https://www.thedailystar.net/business/news/bb-appoints-receiver-troubled-beximco-group-3749476</ref>
	* Ajmal Kabir, Group Director

	* Humayun Kabir FCA, CEO (Ceramics)
			Ruhul Amin’s role as the receiver is to protect the interests of the company’s employees and the country, ensuring proper management of all institutions under Beximco Group.<ref>https://en.prothomalo.com/business/jvscoegq83</ref>
	* M Shamsur Rahman, CEO (Media)
	* Shah A Sarwar, managing director and CEO (IFIC Bank)
	* Mrinal Roy, CEO (Petroleum)
	* M Asad Ullah FCS, Executive Director & Company Secretary
	* Masud Ekramullah Khan, Independent Directors
	* Shah Monjurul Hoque, Independent Directors
	* Mohammad Asad Ullah, FCS, Executive Director & Company Secretary

	==Products==		==Products==
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	== Subsidiaries ==		== Subsidiaries ==
		⚫	]. Beximco is the single largest stakeholder in the bank, which is one of Bangladesh's largest.]]
	The conglomerate compromises four ] and eight ] companies.		The conglomerate compromises four ] and eight ] companies.
	* Bangladesh Export Import Co. Ltd. (public)<ref name="home">{{cite web \|url=https://www.beximco.com/ \|title=Home \|website=BEXIMCO}}</ref>		* Bangladesh Export Import Co. Ltd. (public)<ref name="home">{{cite web \|url=https://www.beximco.com/ \|title=Home \|website=BEXIMCO}}</ref>
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	* ]		* ]
	* BEXTRADE		* BEXTRADE
	* ] (~~] team~~)		* ] (from 2015-2018)

			===Akash Digital TV===
			{{Infobox company
			\| name = Akash Digital TV
			\| logo = Akash-logo-blue.svg
			\| logo_caption =
			\| logo_alt =
			\| native_name = আকাশ ডিজিটাল টিভি
			\| type = Subsidiary
			\| industry = Satellite television
			\| predecessor = RealVU
			\| founded = {{start date and age\|2016}} (Original RealVU)<br />{{start date and age\|df=y\|2019\|05\|19}} (Akash DTH)
			\| hq_location_city = ], Dhaka
			\| hq_location_country = Bangladesh
			\| area_served = Bangladesh
			\| key_people =
			\| products = ]
			\| owner = BEXIMCO
			\| parent = Beximco Communications Limited
			\| website = {{URL\|akashdth.com}}
			}}

			'''Akash Digital TV''' or '''Akash DTH''', formally incorporated as '''RealVU DTH''', is the sole ] television provider to households in ],<ref>{{cite news \|title=Akash Digital TV launches new DTH HD platform \|url=https://www.newagebd.net/post/others1/239717/akash-digital-tv-launches-new-dth-hd-platform \|work=New Age \|date=9 July 2024}}</ref> operated by Beximco Communications Limited, and owned by parent company BEXIMCO.<ref>{{cite web \| url=https://www.thedailystar.net/business/organisation-news/press-releases/news/akash-digital-tv-launches-new-dth-hd-platform-3652556 \| title=Akash Digital TV launches new DTH HD platform \| date=9 July 2024 }}</ref> It broadcasts multichannel TV services via satellite ]. It also offers ] (PVR) capabilities, and ] support.<ref>{{cite news\|url=https://www.thedailystar.net/business/news/akash-dth-slashes-connection-fee-hook-housebound-customers-1925313\|title=Beximco launches DTH service Akash\|work=The Daily Star\|access-date=17 May 2019}}</ref><ref>{{Cite web \|date=2021-03-21 \|title=Akash expands television network to former enclaves \|url=https://www.tbsnews.net/companies/akash-reaches-its-services-enclave-people-219922 \|access-date=2022-03-16 \|website=The Business Standard \|language=en}}</ref> Akash has monopoly in areas where cable providers can't reach.<ref>{{Cite web \|title=Akash links rising in semi-urban, rural areas\|url=https://www.observerbd.com/news.php?id=287374 \|access-date=2024-04-15 \|website=The Daily Observer}}</ref>

			====History====
			In 2014, Bangladesh government gave license to operate digital service to RealVu (Now Akash Digital TV or Akash DTH) and Bengal Digital.<ref>{{Citation\|last=Rahman\|first=Harisur\|title=The Political Economy, Materiality and the Visceral Experience of Cable Television\|date=2020\|url=https://doi.org/10.1007/978-3-030-31707-2_4\|work=Consuming Cultural Hegemony: Bollywood in Bangladesh\|pages=79–103\|editor-last=Rahman\|editor-first=Harisur\|place=Cham\|publisher=Springer International Publishing\|language=en\|doi=10.1007/978-3-030-31707-2_4\|isbn=978-3-030-31707-2\|s2cid=213544139 \|access-date=2022-02-11}}</ref>

			RealVU DTH began broadcasting in 2016 on ] at 75 degrees east as a joint venture with ].<ref>{{cite news\|url=https://www.satellitetoday.com/broadcasting/2016/06/08/bangladeshs-first-dth-operator-shares-plans-market/\|title=Bangladesh's First DTH Operator Shares Plans for Market\|work=Via Satellite\|access-date=8 June 2016}}</ref><ref>{{Cite web \|date=2016-05-06 \|title=GS Group launches Bangladesh's first DTH service \|url=https://www.digitaltveurope.com/2016/05/06/gs-group-launches-bangladeshs-first-dth-service/ \|access-date=2022-03-17 \|website=Digital TV Europe \|language=en-GB}}</ref><ref>{{Cite web \|last=david.nunes \|date=2016-05-05 \|title=GS Group launched the first DTH service in Bangladesh \|url=https://connect-world.com/gs-group-launched-the-first-dth-service-in-bangladesh/ \|access-date=2022-03-17 \|website=Connect-World \|language=en-US}}</ref><ref>{{Cite web\|title=Bilateral Relations - Embassy of the Russian Federation in the People's Republic of Bangladesh\|url=https://bangladesh.mid.ru/bilateral-relations\|access-date=2022-02-11\|website=bangladesh.mid.ru}}</ref> The owner of the provider is BEXIMCO via Beximco Communications Limited.<ref>{{cite news\|url=https://www.broadbandtvnews.com/2016/05/06/gs-group-launches-first-dth-service-in-bangladesh/\|title=GS Group launches first DTH service in Bangladesh\|work=BroadbandTV News\|access-date=6 May 2016}}</ref><ref>{{Cite web \|title=BEXIMCO - Taking Bangladesh to the World \|url=https://www.beximco.com/ \|access-date=2022-03-17 \|website=beximco.com \|language=en}}</ref> The early years of the company were unstable due to technical and financial difficulties. RealVU DTH failed to capture the market, and postponed it services within a years.

			In 2017, GS group sold their share in Beximco Communications(holding company of RealVu and now Akash) but continued providing hardware and software for the service.<ref>{{Cite web \|title=GS Group completes project to create Bangladesh's first satellite pay-TV operator {{!}} Satellite {{!}} News {{!}} Rapid TV News \|url=https://www.rapidtvnews.com/2017032546620/gs-group-completes-project-to-create-bangladesh-s-first-satellite-pay-tv-operator.html \|access-date=2022-03-17 \|website=www.rapidtvnews.com}}</ref>

			In 2019, they came back with a rebranded name Akash DTH.<ref>{{cite news\|title=Beximco launches DTH service Akash \|url=https://www.thedailystar.net/business/telecom/beximcos-dth-satellite-service-akash-launch-in-bangladesh-1744630 \|work=The Daily Star \|date=17 May 2019 \|language=en}}</ref><ref>{{cite news\|url=https://unb.com.bd/category/Business/beximco-communications-launches-akash-dth/18425\|title=Beximco Communications Launches Akash DTH\|work=United News of Bangladesh\|access-date=16 May 2019}}</ref><ref>{{cite web \| url=https://www.thedailystar.net/business/news/akash-dth-slashes-connection-fee-hook-housebound-customers-1925313 \| title=Akash DTH slashes connection fee to hook housebound customers \| date=5 July 2020 }}</ref>

			From 2019, Akash DTH has been providing television services to customers using Bangladeshi satellite Bangabandhu-1.<ref>{{Cite web \|last=ডটকম \|first=নিজস্ব প্রতিবেদক বিডিনিউজ টোয়েন্টিফোর \|title=বেক্সিমকোর ডিটিএইচ সেবায় বঙ্গবন্ধু স্যাটেলাইটের বাণিজ্যিক যাত্রা শুরু \|url=https://bangla.bdnews24.com/business/article1623355.bdnews \|access-date=2022-02-11 \|website=] \|language=bn}}</ref> The company broadcasts more than 120 television stations from around the world, along with exclusive Bangladeshi channels. In 2021, Akash DTH started offering its customers the first PVR in Bangladesh.<ref>{{cite news\|title=AKASH DTH introduces basic connection package\|url=http://www.newagebd.net/article/119774/akash-dth-introduces-basic-connection-package\|work=New Age\|access-date=23 October 2020}}</ref> They also rebranded the name to Akash Digital TV.<ref>{{cite news \|title=Akash Digital TV launches MyAkash app \|url=https://www.dhakatribune.com/business/275570/akash-digital-tv-launches-myakash-app \|work=] \|date=14 Aug 2022}}</ref>

			In July 2024, Akash Digital TV partnered with ].<ref>{{cite news \| url=https://m.economictimes.com/industry/media/entertainment/tata-play-takes-its-easy-bingeing-solution-to-bangladesh/articleshow/111648320.cms \| title=Tata Play takes its easy bingeing solution to Bangladesh \| newspaper=The Economic Times \| date=11 July 2024 }}</ref><ref>{{cite news \|title=Akash Digital TV launches new DTH HD platform & Akash Go Companion App featuring Hotstar Specials \|url=https://www.tbsnews.net/economy/corporates/akash-digital-tv-launches-new-dth-hd-platform-akash-go-companion-app-featuring \|work=] \|date=9 July 2024 \|language=en}}</ref><ref>{{cite news \|title=Akash launches DTH HD platform, companion app \|url=https://businesspostbd.com/tech/akash-digital-tv-launches-dth-hd-platform-companion-app \|work=businesspostbd.com \|date=9 July 2024 \|language=en}}</ref>

			==== Financial situation ====
			The company got a fee waiver of ৳111.56M due to losses from May 2019 to 2020 on grounds of financial losses despite having a monopoly in the DTH market in Bangladesh.<ref>{{Cite web\|last=Hossain\|first=Ismail\|title=Akash DTH to get spectrum charge waiver of Tk 111.56m\|url=https://thefinancialexpress.com.bd/trade/akash-dth-to-get-spectrum-charge-waiver-of-tk-11156m-1634440697\|access-date=2022-02-11\|website=The Financial Express\|language=en}}</ref> But a spectrum charge waiver over the next five years was denied.

			==== Marketing ====
			Customers of analog cable system were switching to digital cable system such as Bengal Digital, Jadoo Digital and DTH system such as Akash DTH for its superior picture quality.<ref>{{Cite journal\|last1=Khan\|first1=Israt Moriom\|last2=Quadir\|first2=Sabrina\|last3=Islam\|first3=Sanjida\|date=2021-11-19\|title=Anticipation & Advancement of DTH Service in Bangladesh\|url=https://www.ejbmr.org/index.php/ejbmr/article/view/1150\|journal=European Journal of Business and Management Research\|language=en\|volume=6\|issue=6\|pages=53–58\|doi=10.24018/ejbmr.2021.6.6.1150\|s2cid=244483396 \|issn=2507-1076\|doi-access=free}}</ref> While the market penetration remained low, the market share of Akash DTH was growing. Akash DTH used multiple types of marketing such as TV marketing, guerilla marketing, word of mouth and viral marketing.<ref>{{Cite journal\|last1=Banu\|first1=Saira\|last2=Tasnim\|first2=Jarin\|date=2020-06-01\|title=Entrepreneurial Marketing in Direct to Home (DTH) Service: The Case of AKASH in Bangladesh\|url=https://www.researchgate.net/publication/352555159\|journal=Jahangirnagar University Journal of Management Research\|volume=3\|pages=61–73}}</ref>

	==See also==		==See also==
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Latest revision as of 07:49, 19 December 2024

Bangladeshi multinational company

Bangladesh Export Import Company Limited

Company type	Public
Traded as	DSE: BEXIMCO CSE: BEXIMCO
Industry	Conglomerate
Founded	1972; 53 years ago (1972)
Founders	A. S. F. Rahman Salman F Rahman
Headquarters	Dhaka, Bangladesh
Area served	Worldwide
Key people	A. S. F. Rahman (Chairman) Salman F Rahman (Vice Chairman)
Products	Diversified investments Banking & finance Pharmaceutical Garment manufacturing Clothing retail Media IT
Revenue	BD৳25.387 billion (US$304 million) (FY2018)
Operating income	BD৳7.085 billion (US$85 million) (FY2018)
Net income	BD৳1.259 billion (US$15 million) (FY2018)
Total assets	BD৳122.746 billion (US$1.47 billion) (FY2018)
Total equity	BD৳63.373 billion (US$757 million) (FY2018)
Owner	A. S. F. Rahman Salman F Rahman
Number of employees	70,000
Subsidiaries	Beximco Pharma Yellow Independent Television BEXIMCO Petroleum Ltd.
Website	beximco.com bol-online.com beximcolpg.com

Bangladesh Export Import Company Limited (Bangla transliteration: বাংলাদেশ এক্সপোর্ট ইমপোর্ট কোম্পানি লিমিটেড), commonly known by its trade name BEXIMCO (Bangla: বেক্সিমকো) (DSE: BEXIMCO CSE: BEXIMCO), is a Bangladeshi multinational conglomerate holding company, headquartered in Dhaka, Bangladesh. It was founded in the early 1970s.

BEXIMCO is Bangladesh's largest conglomerate, with the largest market capitalisation on the country's stock market. BEXIMCO currently has operations and investments across a wide range of industries including textiles, pharmaceuticals, PPE, ceramics, real estate development, construction, trading, marine food, information and communication technologies, media, financial services, and energy. BEXIMCO's subsidiaries export products to 55 countries worldwide. It has retail outlets in South Asia and Eastern Europe. It was one of the largest private sector employers in Bangladesh with over 70,000 people worldwide until it laid off 30,000 employees (nearly 75% of its workforce) in December 2024 due to lack of orders and banking support. It also suffered a Tk 1.13 Billion loss in July-September quarter in 2024.

Beximco Pharma, the group's pharmaceutical producer, was the first Bangladeshi company to be listed on the London Stock Exchange.

History

The company was founded by brothers A. S. F. Rahman and Salman F Rahman in 1972, right after the independence of Bangladesh. Their family was earlier engaged in the jute business. The jute factory was nationalized in the early 1970s. However, with free-market reforms in the late 1970s and 1980s, the family regained many of their businesses.

Since the early 1970s, BEXIMCO has been a pioneer in industrial and business sectors. Currently, it has operations and investments across a wide range of industries including pharmaceuticals, ceramics, renewable energy, textiles, LPG, food & beverage, satellite-to-home television, PPE, media, ICT, real estate, financial services, and travel & tourism.

In 2005, Beximco Pharma became the first Bangladeshi company to be listed on the Alternative Investment Market of the London Stock Exchange. BEXIMCO also opened its first overseas retail outlet with the launch of the Yellow clothing brand in Karachi, Pakistan. Yellow has since expanded to several Bangladeshi and Pakistani cities. In 2009, Shinepukur Ceramics opened a showroom in Moscow, Russia. In 2010, the company acquired stakes in several major Bangladeshi businesses, including IFIC Bank and Unique Hotels and Resorts.

In October 2021 BEXIMCO with other two company, Robi and Meghna Petroleum, donated 6.93cr to Labour Welfare Fund support to workers in the formal and informal sectors for accidental deaths, treatment of injuries, incurable diseases, and also for the higher education of their children.

In 2023, BEXIMCO Group inaugurated Teesta Solar Limited. However, the plant started supplying power to the national grid in December 2022. The plant has 520,000 solar panels at 600 acres of land at Tarapur Union. The plant has the capacity to produce 200MW of electricity. The plant is located on the bank of the Teesta River.

Its vice chairman Salman F Rahman was serving as a Private Sector Development Affairs Adviser to Prime Minister and Bangladesh Awami League President Sheikh Hasina, the former Prime Minister of Bangladesh, in the past and as Private Sector Industry and Investment Adviser at the moment. He's now currently arrested as they were attempting to flee by waterway from the Sadarghat area of the capital on Tuesday, 13th August 2024. They are currently charged as instigators for murder of students during the student rising movement in Dhaka.

In the wake of political turmoil following the fall of the Awami League government in August 2024, Salman F Rahman, the founder of Beximco Pharmaceuticals and former private industry and investment adviser to former Prime Minister Sheikh Hasina, was imprisoned. The period of instability, marked by a student-led mass uprising in July and August 2024, led to significant financial difficulties for Beximco Group. On September 5, 2024, the High Court of Bangladesh directed the appointment of a receiver to oversee all institutions of Beximco Group. This decision was made to manage the company’s financial issues and ensure the stability of its operations. This decision was upheld by the chamber judge of the Appellate Division on October 1, 2024, with a full hearing scheduled for October 28, 2024. During the hearing, the decision was deferred, and the case was adjourned until November 11, 2024 As the Supreme Court prepared to issue its decision on the receiver’s appointment, Beximco Pharmaceuticals requested a temporary suspension of trading in its shares due to the prevailing uncertainty.

Management

Salman F. Rahman served as the vice chairman of BEXIMCO Group until his arrest on August 13, 2024. He is currently under investigation for several allegations, including foreign currency smuggling, bank loan embezzlement, illegal wealth accumulation, and share market fraud. On September 19, 2024, the High Court of Bangladesh instructed the Central Bank to appoint a receiver to manage the company's operations and oversee all its assets.

The High Court of Bangladesh appointed Ruhul Amin on , the Executive Director of Bangladesh Bank, as the receiver for Beximco Group. His role is to manage the company’s operations and assets, ensuring stability and continuity during this period of financial difficulty. Bangladesh Bank Governor Ahsan H Mansur emphasized that the receivership is not meant to stall Beximco but to keep it operational. The central bank’s approval came after several months of financial instability within the conglomerate, which led to unpaid wages and protests by workers. The High Court’s order also includes recovering funds obtained by Salman F Rahman, the founder of Beximco Pharmaceuticals, from different banks and bringing the money back to Bangladesh.

Ruhul Amin’s role as the receiver is to protect the interests of the company’s employees and the country, ensuring proper management of all institutions under Beximco Group.

Products

Banking - IFIC Bank
Ceramic
Construction
Electric power generation
Fashion
Fisheries
Food & beverage
Hotels
Information technology
Media
Petroleum products
Pharmaceuticals
PPE
Private satellite television channel
Real estate
Renewable energy
Sports team & franchise
Textiles
Travel & tourism

Subsidiaries

A branch of IFIC Bank. Beximco is the single largest stakeholder in the bank, which is one of Bangladesh's largest.

The conglomerate compromises four public traded and eight privately held companies.

Bangladesh Export Import Co. Ltd. (public)
Beximco Pharma (public)
Beximco Computers Ltd.
Beximco Engineering Ltd.
Beximco Aviation Limited
Beximco Petroleum Ltd.
Beximco Power Company Ltd.
Giga Tech Ltd.
Independent Television
Shinepukur Ceramics (public)
Yellow
IFIC Bank
BEXTRADE
Dhaka Dynamites (from 2015-2018)

Akash Digital TV

Akash Digital TV

Native name	আকাশ ডিজিটাল টিভি
Company type	Subsidiary
Industry	Satellite television
Predecessor	RealVU
Founded	2016; 9 years ago (2016) (Original RealVU) 19 May 2019; 5 years ago (2019-05-19) (Akash DTH)
Headquarters	Gulshan, Dhaka, Bangladesh
Area served	Bangladesh
Products	Direct broadcast satellite
Owner	BEXIMCO
Parent	Beximco Communications Limited
Website	akashdth.com

Akash Digital TV or Akash DTH, formally incorporated as RealVU DTH, is the sole direct broadcast satellite television provider to households in Bangladesh, operated by Beximco Communications Limited, and owned by parent company BEXIMCO. It broadcasts multichannel TV services via satellite Bangabandhu-1. It also offers personal video recording (PVR) capabilities, and HD support. Akash has monopoly in areas where cable providers can't reach.

History

In 2014, Bangladesh government gave license to operate digital service to RealVu (Now Akash Digital TV or Akash DTH) and Bengal Digital.

RealVU DTH began broadcasting in 2016 on ABS-2 at 75 degrees east as a joint venture with GS group. The owner of the provider is BEXIMCO via Beximco Communications Limited. The early years of the company were unstable due to technical and financial difficulties. RealVU DTH failed to capture the market, and postponed it services within a years.

In 2017, GS group sold their share in Beximco Communications(holding company of RealVu and now Akash) but continued providing hardware and software for the service.

In 2019, they came back with a rebranded name Akash DTH.

From 2019, Akash DTH has been providing television services to customers using Bangladeshi satellite Bangabandhu-1. The company broadcasts more than 120 television stations from around the world, along with exclusive Bangladeshi channels. In 2021, Akash DTH started offering its customers the first PVR in Bangladesh. They also rebranded the name to Akash Digital TV.

In July 2024, Akash Digital TV partnered with Tata Play.

Financial situation

The company got a fee waiver of ৳111.56M due to losses from May 2019 to 2020 on grounds of financial losses despite having a monopoly in the DTH market in Bangladesh. But a spectrum charge waiver over the next five years was denied.

Marketing

Customers of analog cable system were switching to digital cable system such as Bengal Digital, Jadoo Digital and DTH system such as Akash DTH for its superior picture quality. While the market penetration remained low, the market share of Akash DTH was growing. Akash DTH used multiple types of marketing such as TV marketing, guerilla marketing, word of mouth and viral marketing.