Editorial

Applauding the business leaders

They have done the nation proud
The importance of recognising leaders of business for their innovative and creative ascent from virtual scratches can not be over-emphasised. Because they can serve as role models for the upcoming generations of entrepreneurs. We recognise them because they scaled to the top against all odds. Undeterred by policy inadequacies, political unrest including hartals, deteriorating law and order, high cost of business and a high incidence of corruption, they reached admirable heights in their respective fields. They have generated employment, stepped up production, and increased export earnings for the country.

It is thus that we congratulate the winners of the Bangladesh Business Awards 2004 jointly sponsored by The Daily Star and DHL Worldwide Express. The recipients -- Incepta Pharmaceuticals Ltd as the Enterprise of the Year, Selina Quader as the Outstanding Woman in Business of the Year, Kazi Zahedul Hasan as the Business Person of the Year and finally Unilever Bangladesh Limited receiving a Special Achievement Award -- deserve a second round of applause, through this column. For, the more we think of them, the more we feel appreciative of their role in the economy.

We are delighted to be appreciating such people for what they are worth and also for being a part of the process they have successfully spearheaded in the business world. If the business environment is further improved and more enabling environment can be created for private enterprises, then the sky would be the limit for the country's economic growth. The government says its objective is to encourage private sector-led growth. To that end, it speaks in business friendly terms. But the words are not always matched by deeds. We must take measures to provide the honest, hardworking entrepreneurs with the best deals. For, they not only fetch earnings for the country from abroad, but also bring accolades thus enhancing the image of the country.