28 C
Dhaka
Friday, March 29, 2024

Conventional business being transformed into digitized system: Jabbar

Mustafa Jabbar/Photo: Arif Mahmud Riad

Posts and Telecommunications Minister Mustafa Jabbar on October 9 said business and trade using traditional methods would be replaced by the digitized system due to the fourth industrial revolution (4IR).

“We have entered the 4IR era from the third industrial revolution and physical labour-based profession is being transformed into intellect-based profession as the consequence digital commerce would bring a big employment generation opportunity,” he said.

The minister also laid emphasis on developing country’s young generation for the challenges of 4IR while addressing the opening ceremony of “Online shopping utshab” as the chief guest organised by 14 e-CAB members using online platform, said a press release.

He said sincerity and honesty is the utmost requirement for attaining trust of customers. “Much more time would not be needed to achieve the highest potentiality of digital commerce if business is being operated with a positive mentality.”

The minister urged the entrepreneurs not to do any fraudulent with customers rather deliver the product which is displayed on their pages.

Mentioning his vast experiences in the digital technology arena, he said digital technology is inevitable for digital commerce and he highlighted different activities of Prime Minister Sheikh Hasina for the transformation of post offices across the country for the convenience of digital commerce.

Jabbar said COVID-19 has brought massive changes in people’s lifestyle which now becomes an integral part of their daily life and that is why the service providers have to continue to uphold it.

e-CAB President Shomi Kaiser and other leaders also spoke on the occasion.

Fintech

Related Articles

U.S Embassy Applauds Journalist Safety Training

U.S. Embassy Applauds Journalist National Election Safety Training

0
Recognizing the crucial role of journalists in the upcoming national elections, the Edward M. Kennedy (EMK) Center partnered with the Bangladeshi Journalists in International...
Hola Browser

Hola gives the people of Bangladesh free access to a world of online content...

0
– The Hola Browser, a browser which includes a built-in 100% free peer-to-peer virtual private network (VPN), this week officially launched in Bangladesh,...
Universal College Bangladesh UCB

UoL degrees with London School of Economics’ academic direction, now at Universal College Bangladesh!

0
With the aim of providing world-class affordable education in Bangladesh, Universal College Bangladesh (UCB), the first Ministry of Education approved international education provider...
Bangladesh-MBA-Association

Bangladesh MBA Association (BMBAA) holds its 10th AGM and Election of Central Executive Committee...

0
Dhaka September 24, 2022: Bangladesh MBA Association (BMBAA) held its 10th Annual General Meeting today at IBA Auditorium, Institute of Business Administration (IBA), University...
Salman Khan-Being Human Clothing

Salman Khan’s ‘Being Human Clothing launching’ in Dhaka

0
Dhaka, 13 September 2022: Bollywood superstar Salman Khan owned clothing brand ‘Being Human Clothing’ launches its first outlet at Banani, Dhaka on the 15th...
Next Generation Bankers

NGGB Trust pays courtesy call to Shimanta Bank MD

0
Trustees of Next Generation Bankers Bangladesh (NGGB)—a platform that unites young bankers of the country for common good—on Wednesday paid courtesy visit to the...