E-com sector incurs Tk 666cr in losses amid pandemic: assoc

Staff Correspondent | Published: 22:54, May 13,2020


E-Commerce Association of Bangladesh on Wednesday claimed that the sector incurred losses of Tk 666 crore in the last one and a half months as the coronavirus pandemic halted activities of almost 90 per cent of enterprises.

At an online press conference jointly organised by the commerce ministry and the e-CAB, the sector leaders demanded waiver of corporate tax and bank loans with 2 per cent interest rate for the e-commerce businesses to face the coronavirus fallout.

E-CAB president Shomi Kaiser urged the government to announce the e-commerce sector as an independent business sector; otherwise the sector people would have to face trouble in getting bank loans.

Commerce minister Tipu Munshi assured that the government would provide all necessary support to the e-commerce sector as the sector had been playing an important role in meeting the consumers’ demand amid the pandemic.

He urged the sector people to make e-commerce more popular in the country.

E-CAB advisory council member Nahim Razzaq, commerce secretary Md Jafar Uddin and Federation of Bangladesh Chambers of Commerce and Industry president Sheikh Fazle Fahim, among others, joined the press conference.

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