Damages include mainly loss of fishing boat and gears, factory equipment, tools of self employed workers, damage to fish ponds, loss of livestock, destruction of common assets such asroads and electric network, destruction of shops and other business premises and the loss of income earning human capital in many of the households hit by loss of human life. SIDR damaged more than 1.6 million acres of cropland, wash away food storages and personalstockpiles and destroyed fruit trees.
Impact on regional business
When the Hurricane SIDR struck communications and electricity supplies were snapped acrossthe country. Most parts of the coastal region were virtually blacked out during the night. Thecasualties included a huge loss in pharmaceutical business too, as there were some companiednear the coast.Loss estimation after this huge blaster is pretty tough. This directly hampers the regional sale.Our company directly runs by raw materials along with other supplies. By nature, indirect lossesare harder to measure than losses stemming directly from physical damage. Far less obvious arelosses such as those of industries that are forced to close down because they lack critical power supplies, firms with power that lose business because suppliers or buyers lacked power and firmsthat lose business because employees of firms affected by the power outage have reducedincomes and consequently spent less. Compared to a natural disaster's direct effects, indirectlosses are more difficult to identify and measure, and are generally spread over a much wider area.
Impact on regional business (may happen more if no action is taken)
Demand of the market cannot be meet due to the lack of raw material processing, manpower andother established and running supply.More over as manpower will be engaged definitely their personal recovery too. That will beincluded as a manpower loss.And the other important thing considering Bangladeshi background is in this country most of the pharmaceutical company does not have any emergency recovery plan.Regular contact with patient and other delegates and customers will be disrupted and hence will be the reputation.Therefore, it is important to take steps to protect business before a natural disaster strikes. Byintegrating protection from natural disasters into company's risk-reduction measures, one cansafeguard both customers and the community at large. Or there will be permanent loss of bothregional and global business.