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.
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.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
