Practicality for social business, says Muhammad Yunus
Practical ideas are key while funding is not an issue for anyone aspiring to start up a social business, Nobel Peace laureate Muhammad Yunus said.
"First is to identify the social issue, seek solutions and then bring business ideas to solve the issue," said Yunus, who founded Grameen Bank to lend money to the poor worldwide. While a conventional business is about maximising profits and not caring for other people's well-being, a social business takes the opposite approach by stressing social objectives, such as alleviating poverty and unemployment, preserving the environment and advancing education, he said.
Yunus delivered this message in a keynote address at the Social Business Symposium hosted by the Asian Institute of Technology, the Yunus Centre at AIT (Asian Institute of Technology) and the Thai Health Promotion Foundation. Link
Bangladeshis Have Had Enough of Hartals
Bangladesh’s business community is getting sick of the “hartal,” or general strike, that has crippled the country’s economy in recent decades and now is back.
The opposition Bangladesh Nationalist Party is calling for a shutdown of businesses to protest the disappearance last month of one of its senior party members in mysterious circumstances. BNP officials say they believe the Awami League-led government was involved in the abduction – a charge the government denies – and says it will call for a hartal until the party member returns safely. Link
Beximco Phrama Plant impresses WTO Chief
Mr. Pascal Lamy, Director General of the World Trade Organization (WTO) recently visited the state-of-the-art manufacturing facilities of Beximco Pharmaceuticals Ltd. located at Tongi in Gazipur.
He was accompanied by Mr. Salman F Rahman, Vice Chairman of Beximco Group, Md. Ghulam Hossain, Commerce Secretary and a delegation of high level government officials. Mr. Nazmul Hassan, MP, Managing Director of Beximco Pharma and Mr. Rabbur Reza, Chief Operating Officer along with other senior management team received the delegates at the Company facilities. Mr. Nazmul Hassan, MP updated the WTO Chief about the Company’s activities as well as current status and future prospects of Bangladesh pharmaceuticals industry. Link
Practical ideas are key while funding is not an issue for anyone aspiring to start up a social business, Nobel Peace laureate Muhammad Yunus said.
"First is to identify the social issue, seek solutions and then bring business ideas to solve the issue," said Yunus, who founded Grameen Bank to lend money to the poor worldwide. While a conventional business is about maximising profits and not caring for other people's well-being, a social business takes the opposite approach by stressing social objectives, such as alleviating poverty and unemployment, preserving the environment and advancing education, he said.
Yunus delivered this message in a keynote address at the Social Business Symposium hosted by the Asian Institute of Technology, the Yunus Centre at AIT (Asian Institute of Technology) and the Thai Health Promotion Foundation. Link
Bangladeshis Have Had Enough of Hartals
Bangladesh’s business community is getting sick of the “hartal,” or general strike, that has crippled the country’s economy in recent decades and now is back.
The opposition Bangladesh Nationalist Party is calling for a shutdown of businesses to protest the disappearance last month of one of its senior party members in mysterious circumstances. BNP officials say they believe the Awami League-led government was involved in the abduction – a charge the government denies – and says it will call for a hartal until the party member returns safely. Link
Beximco Phrama Plant impresses WTO Chief
Mr. Pascal Lamy, Director General of the World Trade Organization (WTO) recently visited the state-of-the-art manufacturing facilities of Beximco Pharmaceuticals Ltd. located at Tongi in Gazipur.
He was accompanied by Mr. Salman F Rahman, Vice Chairman of Beximco Group, Md. Ghulam Hossain, Commerce Secretary and a delegation of high level government officials. Mr. Nazmul Hassan, MP, Managing Director of Beximco Pharma and Mr. Rabbur Reza, Chief Operating Officer along with other senior management team received the delegates at the Company facilities. Mr. Nazmul Hassan, MP updated the WTO Chief about the Company’s activities as well as current status and future prospects of Bangladesh pharmaceuticals industry. Link
