Bangladesh FBCCI seeks govt help to regain consumers' trust in e-com
08 Feb 22 1 min read
FBCCI president Mohammad Jashim Uddin called on entrepreneurs to ensure institutional transparency, accountability and compliance to develop e-commerce as a sustainable business sector.
The e-commerce business flourished during the COVID-19 pandemic and created huge employment opportunities, but its image tarnished due to some isolated cases, Shomi Kaiser, director-in-charge of the committee and president of E-Cab, told the meeting, Bangladeshi media reported.
To overcome this crisis, the ministry of commerce will provide unique identification numbers for e-commerce companies, she said. The standing committee would draw up a one-year road map for the development of the e-commerce ecosystem, she added.
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- April import LC openings in Bangladesh down 7% MoM, up 20% YoY
- Bangladesh’s forex reserves to steady within months, Moody's predicts
- Fitch Ratings downgrades Bangladesh to B+; outlook stable
- Ex-Bangladesh Bank head backs continuing cash incentive for exports
Standing committee chairman TIM Nurul Kabir pointed out that lack of bank loans, poor penetration of cards, excessive reliance on cash-on delivery and absence of cross-border e-commerce policies are some of the major challenges being faced by the sector.
Fibre2Fashion News Desk (DS)
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