Editorial

Not just profit

Ethical practices go a long way
The Daily Star and DHL have jointly honoured this year's business heroes of Bangladesh, in their 13th Business Awards event.  Two individuals and two enterprises received laurels for their achievement and excellence which leave examples for many a future entrepreneur to emulate. Nasiruddin Biswas and Masuda Islam were the two individuals honored for their individual successes which are linked to the livelihoods of many in this country. Mr. Biswas created 23,000 jobs through his nine industries and Ms Islam, a former school teacher, has created 26, leading Protina BD foods. IDLC Finance and DBL group also won awards as enterprises, not only for creating jobs and adding values for their consumers but for best ethical practices. There is much to learn from these individuals and companies for the rest of us out there creating business ventures. It is always tempting to take the easy route of rising to the top and making profit without thinking deeply about the consequences of corrupted or narrow-minded practices and their effect on the general population. But for sustainable growth of the economic sector of Bangladesh, it is highly important that businesses and entrepreneurs have ethical practices in mind with the desire to create more livelihoods for the nation of 150 million. Whether one receives an award or not, we hope all businesses take inspiration from these four outstanding institutions and pave the path for a economically brighter and transparent future.