Thanks to the advent of new technologies, a fast-growing e-commerce sector is helping Bangladesh to recover from the economic fallouts of the coronavirus pandemic, experts underlined.
They said this, while taking part in a webinar held recently.
Speaking at a virtual panel discussion titled ‘E-commerce Ecosystem for All’ organised by leading online marketplace Daraz, the experts, reportedly, said that e-commerce has also played a role in balancing the participation of women in the ICT sector even as the key areas of discussions and deliberations included ensuring industry transparency, growth of the e-commerce sector as a contribution to Bangladesh’s economy, ensuring compliance in terms of operations and delivery, its role to attract new foreign investments, ensuring youth employment along with the development of proper skills, requirements to instigate further growth, protecting customer interest and creating a smooth operational process.
Taking part in the panel discussion, Commerce Minister Tipu Munshi, reportedly, stated that e-commerce sector has played a pivotal role during the pandemic and went on to add, “We have progressed tremendously in the e-commerce sector; the rate is equivalent to the progress that was expected three years later,” while ICT State Minister Zunaid Ahmed Palak, on his part, reportedly, underlined that the Government has ensured three things that are prerequisites for the expansion of e-commerce namely access to high-speed internet, digital payment system and trust while also adding that the sector has played a role in balancing the participation of women in the ICT sector as well.