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.
Fibre2Fashion News Desk (DS)