Farid Monir

  Corporate social responsibility (CSR) is a strategy undertaken by companies to not just grow profits, but also to take an active and positive social role in the world around them. The term is also associated with the related term  corporate citizenship . Depending on how a company conducts its activities, corporate social responsibility can take four different forms: Environmental responsibility. ... Ethical responsibility. ... Philanthropic responsibility. ... Economic responsibility. The potential benefits of CSR to companies include: better brand recognition. positive business reputation. increased sales and customer loyalty. operational costs savings. better financial performance. greater ability to attract talent and retain staff. organisational growth. easier access to capital..  According to the latest Bangladesh Bank guidelines, 30% of CSR expenditure can be spent on education, 30% on health, 20% on environment and climate change mitigation and adaptation, and t...

  Skip to main content Thursday January 25, 2024 How to overcome the dollar crisis SUPPLEMENT TBS Report 21 January, 2024, 10:05 am Last modified: 21 January, 2024, 12:07 pm In a roundtable organised by The Business Standard on 3 December 2023, speakers said that ensuring predictability of the economy is of urgent need From top left, BIDS Research Director Dr Monzur Hossain, Unilever Consumer Care Chairman Masud Khan, former ABB Chairman Nurul Amin, Banker Anis A Khan, Omera Petroleum Head of Finance Atiar Rahman, and BBPMEA General Secretary Lutful Bari. Sketches: TBS Once we reached the threshold of $48 billion in forex reserves, it started falling without pause. At the end of December last year, the gross reserve stood at $21.7 billion and the net reserve was close to the IMF set ceiling of $17.78 billion. Impacts are already being felt, by business people while opening LCs, by bankers while responding to clients' demand for dollars, even by the government while repaying project...