Status, Potential and Constraints in e-business application in Bangladesh

3. In 1997, IBM marketing, with its agency Ogilvy &
Mather began to use its foundation in IT
solutions and expertise to market itself as a
leader of conducting business on the Internet
through the term "e-business”

4. E-commerce started in Bangladesh in the late 90s. From 2000 to 2008 the E-commerce
sector observed slow growth. There were few E-commerce websites but there were no
system for online transaction which is the first condition for E-commerce. In addition, high
cost of Internet and lower penetration meant that few people knew about these sites.
According to Bangladesh Bank, payments and transactions by credit cards were nearly
Tk11 billion in June 2008; one of the lowest in the world.
Growth Rate
1990 2000 2010 2013
1.02% 2.11% 4.80% 8.06%
0%
2%
4%
6%
8%

5. Online banking and transections
1. Gas, electricity , water bill
2. Mobile banking
3. Payment methods (Debit card, credit card, Moneybookers, skrill, neteller, webmoney,
PayPal, MasterCard )
Outsourcing/ freelancing
1. Freelance, odesk, elance are major site for working online in various sector’s like:
finance, accounting, marketing, photography etc.
2. Movie outsourcing (monsoon production, chobial production)
Online shopping
1. All kind of products. (from livelihood products to luxurious products)
2. Every kind of tickets (Bus, plain, train, concert, world cup etc all type of tickets]
Online services
1. Medical advices.
2. E education.
3. E agriculture (EAgricultural support for rural area farmers)
4. All types of products home delivery.
5. Ecommerce site

6. The most inclusive mobilization initiative in Bangladesh visionary
behind ‘‘Digital Bangladesh’’ is came from the person Sajeeb
Wazed Joy, also the Prime Minister’s Adviser on ICT and his
organization is The Centre for Research and Information (CRI)
Other organization’s are:-
Bangladesh Science and Technology Development Forum (BSTDF)
Bangladesh Rural Advancement Committee(BRAC)
The Asia Foundation
Bangladesh Association For Social Advancement (BASA)
And so many …..

7. Since Bangladesh is a developing nation , the
opportunity for the development of local and
international trade and business, like all other LDC’s,
is increasing.

8. Hi-velocity in 2005
3.2% Internet User
12% Internet User
Extra 2.6 percent increase of GDP in 2020 for E-Business

9. Sectored Limitations
In the overall class of present IT infrastructure in the country is not of
trusted level.
Data Security
Monopoly, high link costs and inaccessibility of networks are the main
impediments
Undependable electricity resource.
High-speed net connection is now also costly and limited.
Setting up of rules/regulations/guidelines to enter electronic signature
is underway.

10. Question of Safety
Site Integrity
System Up-gradation
Momentary Intangibility
High price of computer and hardware: The per capita income of our people is
less than US$520. But in order to buy a computer it is needed US$500 and for
this reason, it is beyond the capacity for a villager’s to buy it.