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News Snippets
Monthly business magazine
11
News Snippets
Bangabandhu satellite feeding all 34 TV Channels
The commercial transmission of the Bangabandhu-1 satellite was inaugurated formally by Prime Minister
Sheikh Hasina in a gala ceremony at a city Hotel on October 2nd. All the 34 local television channels are now
using the feed of the Bangabandhu-1 satellite on a commercial basis. The parent company of the country’s
first satellite, Bangladesh Communication Satellite Company Ltd (BCSCL) will receive $2,817 per Megahertz
(MHz) of spectrum per month from each TV channel. BCSCL is also trying to sign agreements with the army
and the navy and file two separate projects on telemedicine and e-education. With these deals, about 40%
of the Bangabandhu-1’s bandwidth would be taken care of, and the government will keep another 50% to
sell to other countries. The much-awaited Bangabandhu-1 satellite was launched into orbit on May 12, 2018.
Halal Certification to tap Trillion markets
Bangladesh requires to form a halal certification body in the country to tap the trillion-dollar international halal
food market. The popularity of halal foods and other consumer items have been rising even among the non-
Muslim populations around the world, as halal foods are hygienic and healthy. The global halal food market size
was worth US$ 1.6 Trillion in 2018. The global consumption value of halal food increase with an 8.14 percent
average growth rate, and over the next five years the halal food market will register a 6.1 percent compound
annual growth rate in terms of revenue.
december, 2019
Monthly business magazine