Sustainable Business and Technology Development: Key Insights from ISSBT 2023
Prof Md Salim Uddin, the Chairman of Bangladesh House Building Finance Corporation and a distinguished professor of accounting at Chittagong University, shed light on the critical importance of sustainable business practices during his keynote address at the inaugural International Seminar on "Sustainable Business and Technology Development For Smart Bangladesh" (ISSBT 2023).
Professor Md. Salim Uddin, Chairman of the Bangladesh House Building Finance Corporation, emphasized that sustainable business involves harmonizing economic growth, environmental conservation, and social advancement.
This significant event took place at the Faculty of Business Administration of the University of Science and Technology Chittagong (USTC) on November 4, and it served as a platform to discuss and explore the intersection of sustainability, technology, and business development.
The seminar attracted a diverse audience, and the distinguished guests included Prof Dr Mohammad Soleiman, Vice Chancellor of USTC, and the renowned Prof Dr Aysmontas Bronyus from Moscow State University of Russia, who graced the occasion as an international speaker.
In his compelling presentation, Prof Salim underscored the potential of merging sustainable business practices with cutting-edge technology to foster a Smart Bangladesh. Such an evolution entails a harmonious coexistence of economic growth, social development, environmental sustainability, and technological innovation.
He emphasized the necessity of collaboration among governmental bodies, private enterprises, civil society, and international partners to realize this vision and ensure that the benefits of technology are accessible to every stratum of society.
Furthermore, Prof Salim stressed the fundamental principles of sustainable business, highlighting that it should operate with a dual purpose – minimizing negative environmental and social impacts while simultaneously maximizing its positive contributions to both the planet and society.
The event was presided over by the Dean of the Faculty of Business at USTC, Mohammad Sahabuddin. Other distinguished attendees included Prof Nurul Absar, Pro-Vice-Chancellor at USTC, Registrar Dilip Barua, Managing Director of Island Securities, Mohammad Mohiuddin, Vice President of Al Arafa Islami Bank, Mohammad Azam, and Vice President of Exim Bank, Mohammad Jahangir Alam.
The seminar saw active participation from over 50 delegates representing prominent financial institutions and businesses in Bangladesh, including Islami Bank Bangladesh Plc, Union Bank, Exim Bank, South East Bank, Rupali Bank, Janata Bank, BSRM, GPH, SA Group, Midas, Chittagong Stock Exchange, and Padma Oil. Moreover, students, faculty, officials, and staff members of USTC made the event more diverse and engaging.
In conclusion, the ISSBT 2023 seminar served as a platform for discussing the pivotal role of sustainable business practices in shaping the future of Bangladesh. It highlighted the potential of merging sustainability and technology to create a Smart Bangladesh that prioritizes not only economic growth but also social progress and environmental conservation. Collaboration among various stakeholders is the key to realizing this vision, and sustainable business practices are at the heart of this transformation.
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