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Bangladesh Export Import Company Limited ( Bangla
Transliteration Transliteration is a type of conversion of a text from one writing system, script to another that involves swapping Letter (alphabet), letters (thus ''wikt:trans-#Prefix, trans-'' + ''wikt:littera#Latin, liter-'') in predictable ways, such as ...
: বাংলাদেশ এক্সপোর্ট ইমপোর্ট কোম্পানি লিমিটেড,
romanised Romanization or romanisation, in linguistics, is the conversion of text from a different writing system to the Roman (Latin) script, or a system for doing so. Methods of romanization include transliteration, for representing written text, and ...
: ''Bānglādēsh ēkspōrṭ impōrṭ kōmpāni limiṭēḍ''), commonly known by its trade name BEXIMCO ( Bangla: বেক্সিমকো) ( DSE: BEXIMCO CSE: BEXIMCO), is a
Bangladeshi Bangladeshis ( bn, বাংলাদেশী ) are the citizens of Bangladesh, a South Asian country centered on the transnational historical region of Bengal along the eponymous bay. Bangladeshi citizenship was formed in 1971, when the ...
multinational conglomerate
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
, headquartered in
Dhaka Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), formerly known as Dacca, is the capital and largest city of Bangladesh, as well as the world's largest Bengali-speaking city. It is the eighth largest and sixth most densely populated city ...
, Bangladesh. It was founded in the early 1970s. Beximco is Bangladesh's largest conglomerate, with the largest
market capitalisation Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by t ...
on the country's stock market. BEXIMCO's subsidiaries export products to 55 countries worldwide. It has retail outlets in South Asia and Eastern Europe. Beximco operates one of the largest integrated textile production businesses in Asia. Its main manufacturing base is the Beximco Industrial Park in
Gazipur Gazipur ( bn, গাজীপুর) is a city in central Bangladesh. It is located in the Gazipur District. It is a major industrial city north of Dhaka. It is a hub for the textile industry in Bangladesh. Its other name is Joydebpur. Demogra ...
, Bangladesh.
Beximco Pharma Beximco Pharmaceuticals Ltd also known as Beximco Pharma, is a pharmaceutical company in Bangladesh. It is part of the Beximco Group of Companies. Corporate history Beximco Pharma was founded in 1976 and started operations in 1980, manufacturing ...
, the group's pharmaceutical producer, was the first Bangladeshi company to be listed on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
.


History

The company was founded by brothers A. S. F. Rahman and
Salman F Rahman Salman Fazlur Rahman (born 23 May 1951) is a Bangladeshi businessman, advisor to the Prime Minister of Bangladesh and a member of the Jatiya Sangsad. Currently, he is holding the rank of a cabinet minister and serving as the Private Industry and ...
in 1972, right after the independence of Bangladesh. Their family was earlier engaged in the
jute Jute is a long, soft, shiny bast fiber that can be spun into coarse, strong threads. It is produced from flowering plants in the genus ''Corchorus'', which is in the mallow family Malvaceae. The primary source of the fiber is ''Corchorus olit ...
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 Beximco Pharmaceuticals Ltd also known as Beximco Pharma, is a pharmaceutical company in Bangladesh. It is part of the Beximco Group of Companies. Corporate history Beximco Pharma was founded in 1976 and started operations in 1980, manufacturing ...
became the first Bangladeshi company to be listed on the
Alternative Investment Market AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows ...
of the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
. Beximco also opened its first overseas retail outlet with the launch of the
Yellow Yellow is the color between green and orange on the spectrum of light. It is evoked by light with a dominant wavelength of roughly 575585 nm. It is a primary color in subtractive color systems, used in painting or color printing. In the R ...
clothing brand in
Karachi Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former cap ...
, Pakistan. Yellow has since expanded to several Bangladeshi and Pakistani cities. In 2009,
Shinepukur Ceramics Shinepukur Ceramics is a ceramic manufacturing company based in Dhaka, Bangladesh. Incorporated in 1997, Shinepukur Ceramics went into commercial production at the end of 1999. In 2005, it became a subsidiary of Beximco group when the latter acqu ...
opened a showroom in Moscow, Russia. In 2010, the company acquired stakes in several major Bangladeshi businesses, including
IFIC Bank govt shaere:35% The International Finance Investment and Commerce Bank Limited is a first generation Bangladeshi private commercial bank. The bank is ensuring cutting edge service with skilled workforce and revolutionary fintech support through m ...
,
GMG Airlines GMG Airlines was an airline in Bangladesh. It was the country's first, and until recently, the largest private airline having been established in 1997, with its head office close to Dhaka airport in Nikunja-2 Dhaka, Bangladesh. It operated both d ...
, and Unique Hotels and Resorts. Beximco Communications, a joint venture of Beximco Holdings with Russian company
GS Group GS Group is a South Korean conglomerate. GS comprises GS Holdings, subsidiaries & affiliates including GS Caltex, GS Retail, GS Shop, GS EPS, GS Global, GS Sports and GS E&C among others. The asset size is 65.4 trillion KRW at the end of 201 ...
, launched Bangladesh's first direct-to-home (DTH) satellite television service in 2016, under the brand name RealVU. RealVU later suspended operations, but was rebooted as Akash in 2019. As of 2022, Akash had 700,000 subscribers and growing. The company is considered to enjoy close connections with the
Awami League In Urdu language, Awami is the adjectival form for '' Awam'', the Urdu language word for common people. The adjective appears in the following proper names: *Awami Colony, a neighbourhood of Landhi Town in Karachi, Sindh, Pakistan *Awami Front, wa ...
, with its vice chairman Salman F Rahman serving as a Private Sector Development Affairs Adviser to Prime Minister and Bangladesh Awami League President Sheikh Hasina, the current Prime Minister of Bangladesh, in the past and as Private Sector Industry and Investment Adviser at the moment. 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.


Key officials

* A. S. F. Rahman, Chairman *
Salman F Rahman Salman Fazlur Rahman (born 23 May 1951) is a Bangladeshi businessman, advisor to the Prime Minister of Bangladesh and a member of the Jatiya Sangsad. Currently, he is holding the rank of a cabinet minister and serving as the Private Industry and ...
, Vice-chairman * Shayan F Rahman, Advisors to the Board * Shahryar Rahman, Advisors to the Board * Iqbal Ahmed, Group Director * ABS Rahman, Group Director * O K Chawdhury, Group Director and CEO (Power & Engineering) *
Nazmul Hasan Papon Nazmul Hassan (born 31 May 1961) is the current president of Bangladesh Cricket Board and a member of parliament from Kishoreganj-6 constituency. Personal life Hassan was born to Zillur Rahman, who later became president of Bangladesh, and Ivy R ...
, Group Director and CEO (Pharmaceuticals) * Syed Naved Hussain, Group Director and CEO (Textiles) * Sami Wadood, Group Director and CEO (IT & Telecom) * Ajmal Kabir, Group Director * Humayun Kabir FCA, CEO (Ceramics) * 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 * Manoj Dobhal, COO, Akash DTH


Products

* Aviation * Banking - IFIC Bank * Ceramic * Construction * DTH * Electric Power Generation * Fashion * Fisheries * Food & beverage * Information Technology * Hotels * Media * Petroleum Products * Pharmaceuticals * PPE * Private Satellite Television Channel * Sports Team & Franchise * Travel & tourism * Textiles * Real Estate * Renewable energy


Subsidiaries

The conglomerate compromises four public traded and eight
privately held A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is ...
companies. * Bangladesh Export Import Co. Ltd. (public) *
Beximco Pharma Beximco Pharmaceuticals Ltd also known as Beximco Pharma, is a pharmaceutical company in Bangladesh. It is part of the Beximco Group of Companies. Corporate history Beximco Pharma was founded in 1976 and started operations in 1980, manufacturing ...
(public) * Beximco Computers Ltd. * Beximco Engineering Ltd. * Beximco Aviation Limited * Beximco Petroleum Ltd. * Beximco Power Company Ltd. * Beximco Synthetics Ltd. (public) * Giga Tech Ltd. * Independent Television *
Shinepukur Ceramics Shinepukur Ceramics is a ceramic manufacturing company based in Dhaka, Bangladesh. Incorporated in 1997, Shinepukur Ceramics went into commercial production at the end of 1999. In 2005, it became a subsidiary of Beximco group when the latter acqu ...
(public) *
Yellow Yellow is the color between green and orange on the spectrum of light. It is evoked by light with a dominant wavelength of roughly 575585 nm. It is a primary color in subtractive color systems, used in painting or color printing. In the R ...
*
IFIC Bank govt shaere:35% The International Finance Investment and Commerce Bank Limited is a first generation Bangladeshi private commercial bank. The bank is ensuring cutting edge service with skilled workforce and revolutionary fintech support through m ...
* BEXTRADE *
Dhaka Dynamites The Dhaka Dominators (Dhakaiya/ bn, ঢাকা ডমিনেটর্স) is a franchise cricket team that plays in the Bangladesh Premier League (BPL), representing the country's Dhaka City, Dhaka. The team was originally established in 20 ...
( BPL Team)


Akash DTH

Akash DTH, formally incorporated as RealVU DTH, is the sole
direct broadcast satellite Satellite television is a service that delivers television programming to viewers by relaying it from a communications satellite orbiting the Earth directly to the viewer's location. The signals are received via an outdoor parabolic antenna comm ...
television provider to households in
Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...
, operated by Beximco Communications Limited, and owned by parent company BEXIMCO. It broadcasts multichannel TV services via satellite
Bangabandhu-1 The Bangabandhu Satellite-1 (''Bangabandhu-1'') is the first Bangladeshi geostationary communications and broadcasting satellite. It is named after the father of the nation, Bangabandhu Sheikh Mujibur Rahman. It was manufactured by Thales Aleni ...
. It also offers Personal Video Recording (PVR) capabilities, and HD support.


History

In 2014, Bangladesh government gave license to operate digital service to RealVu(Now Akash DTH) and Bengal Digital. RealVU DTH began broadcasting in 2016 on
ABS-2 ABS-2 is a Space Systems/Loral FS 1300 satellite launched in February 2014. It is positioned in geostationary orbit at 75E and serves four continents across Asia Pacific, Europe, the Middle East, Africa, Russia and CIS countries. The satellite ...
at 75 degrees east as a joint venture with
GS group GS Group is a South Korean conglomerate. GS comprises GS Holdings, subsidiaries & affiliates including GS Caltex, GS Retail, GS Shop, GS EPS, GS Global, GS Sports and GS E&C among others. The asset size is 65.4 trillion KRW at the end of 201 ...
. 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.


Financial situation

The company got a fee waiver of ৳111.56M due to losses from May 2019 to 2020. 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.


See also

*
Dhaka Dynamites The Dhaka Dominators (Dhakaiya/ bn, ঢাকা ডমিনেটর্স) is a franchise cricket team that plays in the Bangladesh Premier League (BPL), representing the country's Dhaka City, Dhaka. The team was originally established in 20 ...
*
Shinepukur Cricket Club Shinepukur Cricket Club is a cricket team in Bangladesh. Before the 2016–17 season the Cricket Coaching School club defaulted on its player payments and was bought by Beximco, Bangladesh's largest conglomerate, and renamed Shinepukur Cricket C ...
* List of companies of Bangladesh


References


External links

*{{Official website, http://www.akashdth.com BEXIMCO group Manufacturing companies based in Dhaka Mass media companies of Bangladesh Pharmaceutical companies of Bangladesh Conglomerate companies of Bangladesh Companies listed on the Chittagong Stock Exchange Manufacturing companies established in 1972