BEXIMCO DTH (RealVU) Press Launch

March 10, 2016: BEXIMCO Communications Limited is about to launch country’s first Direct-to-Home (DTH) service, a method of receiving television signal directly from the satellite, under the brand name ‘RealVU’. The best international practices of TV services and technologies will be implemented in Bangladesh soon.

Beximco unveils RealVU logo

The company to launch first-ever DTH services by mid-April
Flaunting the tagline ‘Life is really colorful now’, Beximco Communications Limited yesterday launched the logo of ‘RealVU’,  the brand that will provide Direct-to-Home (DTH) television services.

The first DTH service of the country will have an operational launch somewhere between mid-April and May this year, officials said, aiming to time it with the start of the Bengali New Year on April 14.
In December 2013, the government awarded licences to Beximco Communications Limited to launch DTH service in Bangladesh. It also received the necessary approval from Bangladesh Telecommunication Regulatory Commission (BTRC) in this regard. DTH, by definition, is reception of satellite programs through a personal  dish installed in an individual home. Unlike traditional cable, in DTH, TV channels are transmitted from the satellite to a small dish antenna mounted on the window or rooftop of the subscriber's home. The broadcaster, thus, directly connects to the user. There are no middlemen, like the local cable operators, in the picture. It also improves the image and sound quality, providing a true digital television viewing experience. “It will drastically change the viewing experience of the Bangladeshi TV audience,” said Dmitry Lapitskiy, CEO of Beximco Communications Ltd, at the press meet, adding, “The picture quality that will be provided by RealVU will be of much better quality than the analogue cable TV.”
Lapitskiy, a Russian national, said RealVU would be initially launched in metropolitan areas. “It will be gradually launched in all districts; all corners of the country will be brought under this new digital TV viewing opportunity,” he claimed.
To avail the DTH service, customers will initially need to have a set-top box and dish-antenna. After the installation and first payment, they will be able to enjoy the RealVU service.
The approximate monthly bill of the service will amount to Tk.300, where subscribers will get access to over 100 channels with more than 26 Bengali channels and many international majors, including five HD channels.
Lapitskiy informed that RealVU will have 24/7 customer support service. “The RealVU customers will also have various options to pay the monthly bill,” he added. Beximco Communications Limited has finalized the list of distributors to enable customers to get the service easily from their nearest location.
Replying a query on the service costing more in future, Lapitskiy assured that they would always keep the price affordable. “We want to provide the best service in the most cost-effective manner,” he said.
On whether DTH will have a negative impact on the country’s cable industry, he said it was difficult to gauge the impact at this stage. “DTH is the latest technology and it offers the best TV viewing experience. We will give a new service to Bangladesh’s people and they will decide whether to accept that or not,” he said.
Prakash Das, Director, Beximco Communication Ltd, also spoke on the occasion.
RealVU is a joint venture between BEXIMCO and GS Group. The BEXIMCO Group is the largest private sector group in Bangladesh, while the GS Group is a Russian investment and industry multispectral holding company, operating in the telecommunication and other innovation markets and actively developing its own technologies.

Dhaka-Yangon air link to open up new business opportunities

The direct air connectivity between Dhaka and Yangon promises enormous opportunities for the Bangladeshi traders to explore Myanmar- the unexplored mineral-rich market isolated since the last 50 years. Beximco Group, an international leader in a plethora of merchandise to and from Bangladesh states that Myanmar is like a veiled mine of business opportunities. This place is a land of fortune and businessman’s paradise with the increasing developments in Myanmar.

The pharmaceutical companies in Bangladesh have acquired a stronghold on the medicine market of Myanmar as this gateway to South Asia does not have any pharmaceuticals plant of its own.
Syed Shamim Hossain, business development manager of Myanmar Operation of Beximco Group stated that at present, Bangladeshi pharmaceuticals companies are in fourth position in the Myanmar market followed by Thailand and Indian medicines.

The Bangladeshi medicines are getting immensely popular among the common people as well as the physicians of Myanmar. Beximco Pharma recently sent some local physicians to Bangladesh to visit their pharmaceuticals plants. The doctors of Myanmar were highly impressed with the high standard medicines produced by Bangladesh. The direct air link between Dhaka and Yangon was well appreciated by the Bangladeshi business leaders in Myanmar acknowledging its role in increasing the growth prospects and expansion of Bangladesh’s business in Myanmar.


Salman F Rahman, MD, Beximco Group highlighted that the air link has reduced the time taken to reach Yangon via Thailand which earlier took one and a half days. Around six weekly flights are being operated at present by Bangladesh Biman and private airliner Novoair, three for each between Dhaka and Yangon.”

IFIC Bank- revolutionizing financial lending in Bangladesh

International Finance Investment and Commerce Bank Limited (IFIC Bank) is banking company started in the People’s Republic of Bangladesh. It is one of the banks inBangladesh with limited liability.

Started at the initiative of the Government in 1976 as a joint venture between the government of Bangladesh and sponsors in the private sector, IFIC has the objective of working as a finance company within Bangladesh which would help set up joint venture banks and financial institutions abroad. It was converted into a full-fledged private bank in 1983, when the government allowed private banks in the country. As of this date, 32.75% share capital of IFIC is owned by the Government of the People’s Republic of Bangladesh, 11.31% of share capital is owned by Directors and Sponsors having vast experience in the field of trade and commerce while the rest is owned by the general public.

Mission

IFIC Bank has been established with a vision to service clients in the best way possible. To ensure this, the bank has a highly skilled, seasoned and dedicated workforce, which, with their competency and innovative thinking, provides tailor-made high quality services to institutions and individuals.

The bank is committed to the welfare and economic prosperity of the people and community while contributing towards the economic prosperity of the country. Under the esteemed aegis of Salman F Rahman, it particularly focuses on growth and profitability of all concerned.

Vision of IFIC

IFIC wants to be the preferred financial service provider through innovative, sustainable and inclusive growth and deliver the best in class value to all stakeholders.

Beximco Group’s Shinepukur Ceramics recognized as one of the finest in Bangladesh

Bangladesh has earned for itself a very remarkable name when it comes to making ceramic articles. Keep those Chinese dishes to rest if you come across the ones made in Bangladesh for the country has one of the finest stock of white clay, the material used in the making of ceramics. Right from plates to salt sprinklers or the serving dishes, all the items domestically crafted in Bangladesh are touted as one of the finest in the world. And high up in this league stands Shinepukur Ceramics, a premium ceramic manufacturing brand owned by Beximco Group.

Shinepukur Ceramics is recognized world over as one of the finest ceramic makers of the world. Locally manufactured and designed by finest craftsmen, the designs of Shinepukur are simply remarkable. Produced with the high quality white clay indigenously found, the articles are crafted with intricate finesse and are more durable than other ceramic products. They beat Chinese imports hands down; uses less Pyrex and more of better quality clay, making the products oven-safe. Tableware Products by Shinepukur exude creativity and hard work in every glance. The art has been perfected over years by the craftsmen.

Since 1958, Bangladesh has been making ceramic products and exporting them to countries like the USA, Japan and France. So many companies have tried their hands at making ceramic articles including plates and pans but only a few have waded through the competition.
The best way to shop for ceramics in Bangladesh is by strolling across the markets that are famous for a wide range of such products. The prices and quality of the products are big determinants for the consumers. That’s why, Shinepukur by Beximco has priced the articles very strategically.

Shinepukur Ceramics: Enhancing the beauty of the ceramics industry

Items made of ceramics material is not a new concept. The oldest of ceramics were made 27,000 years before, which includes pots and figurines. From fragile ceramics watch to bone china cups, the material has taken over the antique items industry along with crockery industry. Ceramics items are no more limited to usage only; they also work as a status symbol for majority of ceramics buyers. The hub of ceramics is Dhaka, Bangladesh, where anything can be found, if you know where to go, just like New Market of Dhaka, where expectations meet reality, whether it’s price or variety. One can also sharpen his bargaining skills here, if he is so sure to spend on a specific item. 

The most renowned brand in the Nation is Shinepukur Ceramics limited, which started its operation back in the year 1997. Within the 7 years, it became a subsidiary of Beximco Group as the latter acquired cent percent shares in the former. Shinepukur Ceramics started commercial production in 1999, where it gave a strong competition to well established brands like Tajma Ceramic Industry and Monno Ceramics. Its Bone China and Porcelain Tableware are impeccable in the whole ceramic industry and that is why its demand is on the rise overseas. A S F Rahman is the Chairman and Salman F Rahman is the Vice-Chairman of Beximco Group and the sibling also sit on the Board of Directors of the Shinepukur Ceramics. Shinepukur Ceramics provides manufacturing facilities like Porcelain, bone china, decal &mould, packaging, QA & QC. Their shapes, designs and souvenirs are exported across Australia, Argentina, Canada, Denmark, Egypt, France, Germany, India, Ireland, Italy, Japan, Mexico, Norway, New Zealand, Poland, Pakistan, Portugal, Russian Federation, Romania, Spain, Sweden, Saudi Arabia, Singapore, Taiwan, Turkey, USA, UK, UAE and more.

Beximco Pharma gets US FDA approval

Beximco Pharmaceuticals Limited ("BPL", "Beximco Pharma" or "Company") becomes the first Bangladeshi pharmaceutical company to be approved by the U.S. Food and Drug Administration (US FDA) following successful inspection of its oral solid dosage facility at Tongi, during January 19-22, 2015. The company says it has received the establishment inspection report (EIR) from the US drug regulatory authority stating that the audit is formally concluded. This is a major milestone for the company as well as for the entire industry as this is the first time a Bangladeshi company has received the prestigious FDA approval. This approval is based on the comprehensive audit encompassing all the systems of drug manufacturing: Quality; Facilities and Equipment; Materials; Production; Packaging and Labeling; and Laboratory Controls. Remarkably, there was no 483 observation issued by the US regulatory authority. A 483 form is issued when FDA has observations of non-compliance or deviation from Good Manufacturing Practices (GMP).

The company has already submitted several Abbreviated New Drug Application (ANDAs) for the US market which are currently under review; export to US market will commence as soon as those ANDAs are approved. Nazmul Hassan, Managing Director of Beximco Pharma, said; “This is a remarkable achievement for the Bangladesh pharmaceutical industry as this makes ways for us to export medicines to the US market known for stringent regulations and quality standards.”

Beximco Pharma is a leading exporter of medicines in the country with its facilities already accredited by the regulatory authorities of European Union, Australia, Canada, Taiwan and Brazil, among others