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According to various e-commerce organizations, the size of the online clothing market is currently ৯ 590 million, which could reach ১২ 124 million in 2023. Today, electronic products worth 450 million are sold online. pounds sterling. Furniture and appliances also sell for less than £ 190 million.
BASIS President Syed Almas Kabir said that most Facebook-focused entrepreneurs do not have business licenses. If entrepreneurs can be incorporated into a registration program, it will be easier for them to obtain financial loans. It will also be possible to monitor the activities of entrepreneurs. He said that cybersecurity needs to be strengthened along with ensuring affordable internet access to bring grassroots people closer to e-commerce.
Although the popularity of e-commerce has increased in the country, there have also been cases of fraud. In mentioning that, the Secretary of Commerce urged everyone to be vigilant. Zafar Uddin. He said an advisory committee has been formed in the WTO cell of the Commerce Ministry to ensure an enabling environment for digital business. To provide business transparency, the committee includes business licensing for e-commerce, policy formulation for e-commerce management and complaint resolution, complaint cell formation, loan assistance, identification of barriers and risks for e-commerce, protection of national entrepreneurs, assurance of transactions and will take effective initiatives on issues such as support.