Bangladesh govt to set up e-commerce regulatory body

The Bangladesh government will set up an e-commerce regulatory body to monitor the sector properly. Commerce Minister Tipu Munshi said that the government will enact a detailed e-commerce law also to regulate this sector.

The step has been taken after a major e-commerce company of Bangladesh allegedly cheated consumers worth hundreds of crores.

The announcement comes after a major e-commerce company of Bangladesh allegedly cheated consumers worth hundreds of crores taka. The Minister assured that legal action will be taken against the company that cheated consumers. He said that the law ministry has been asked to suggest ways to solve the issue.

Other proposals include the formation of a central complaint management cell, mandatory registration, action against schemers and amending the Digital Security Act and Money Laundering Prevention Act.