E-commerce website for NRBs goes live

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Staff Reporter, techzoom.tv// An e-commerce website — nrbbuysell.com — set off its journey yesterday with the view to serving multiple crore non-resident Bangladeshis.

Finance Minister AMA Muhith inaugurated the “first world e-commerce website of Bangladesh” at a programme held on the capital’s Bangabandhu Worldwide Convention Centre.

Muhith mentioned the enterprise will help enhance the nation’s exports.

“With out monetary digitisation, corruption cannot be diminished and I consider this new enterprise can play an necessary function right here. That is why we need to increase this initiative.”

The finance minister mentioned he has a goal to position a Tk 500,000 crore funds within the subsequent two years, which can’t be fulfilled with out monetary digitisation.

The worldwide e-commerce market is presently value $three trillion. Bangladesh’s e-commerce market, which is value about Tk 1,000 crore at current, has a vivid future, Muhith stated.

On the programme, nrbbuysell.com served its first token order for Sajeeb Wazed Pleasure, the prime minister’s ICT affairs adviser, who lives within the US, together with six different NRBs.

Officers of nrbbuysell.com, the place individuals can each purchase and promote merchandise, mentioned they are going to be capable to ship Bangladeshi merchandise to each metropolis and city of the world.

Wholesalers may also be capable to conduct their enterprise on the positioning, they added.

The e-commerce web site’s essential goal can be NRBs primarily within the Center East, mentioned Dilara A Khan, chairman of the nrbbuysell.com.

Bangladesh has just lately obtained identify and fame globally for its ICT merchandise, mentioned Zunaid Ahmed Palak, state minister for ICT. “Now it is our flip to discover alternatives in e-commerce as properly.”

Terming the initiative a substitute for exports, Palak stated: “We’re specializing in our personal merchandise even within the companies sector moderately than appearing as an importer or agent.”

Globally, on-line purchases have elevated quickly, mentioned AK Abdul Momen, former everlasting consultant from Bangladesh to the United Nations. “So, there isn’t any different to making sure digitisation.”

The NRB-targeted e-commerce website has created extra scope for the e-commerce trade, mentioned Shameem Ahsan, president of Bangladesh Affiliation of Software program and Data Companies.

However he demanded withdrawal of the proposed VAT on totally different segments of e-commerce companies. “Within the US, we are able to see that there’s a tax vacation for the subsequent ten years for e-commerce. Why are we not contemplating it?”

Jamaluddin Ahmed, a director of Bangladesh Financial institution, and Syed Mohammad Kamal, nation supervisor of MasterCard, additionally spoke.

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