Social business

As global demand for quality, sustainable tea grows, Sri Lanka’s smallholders – guardians of the Ceylon legacy – stand at a crossroads.

Transformation also requires partnerships. Governments, research institutions, financial institutions, civil society organizations, CSR initiatives, and the private sector each have a vital role in building an ecosystem where smallholders can thrive.

In almost every sector, certain frameworks eventually become signals. Certifications become indicators of quality. Governance standards become indicators of reliability. Disclosure practices become indicators of organisational readiness.

Banking leaders say that the latest figures from Bangladesh Bank represent more than a statistical uptick; they signal a maturing understanding within the financial sector that responsible citizenship is not just good ethics but sound business strategy.

Hospitals are accused of admitting patients without medical necessity and inflating bills, while helicopter companies allegedly falsified flight records.

ILO’s Nepal country director Numan Özcan says that with evidence-based planning, increased investment, and inclusive social dialogue, the country can turn a potential setback into a catalyst for sustainable, job-rich development.

Despite the optimism, experts warn of hurdles in ensuring equitable distribution and community access to funds. Past REDD+ pilots in Nepal have faced criticism for bureaucratic delays and inadequate consultation with marginalized groups, including indigenous Tharu and Chepang communities in the targeted provinces.

Supporters argue that Gates’ philanthropic contributions – saving millions of lives through vaccination programs – should not be overshadowed by past errors. Detractors highlight the hypocrisy in a figure promoting ethical global solutions while entangled in such controversies.