What is a Unique business ID( UBID)? Bangladesh Government will make it mandatory. The Bangladesh government will mandate the Unique Business Identity (UBID) for all e-commerce businesses in the country, as revealed by the government minister for information technology, Zunaid Ahmed Palak. Facebook and other business entities that succeed via social media platforms will be under the jurisdiction of UBID, as stated by the authority. It is also working to create a Central Complaint Management System and a Digital Universal Interoperable Transaction system named 'Binimoy' to monitor regulatory oversight and transparency in the e-commerce arena. The State Minister announced that the intent is to restore public trust in the digital economy with these tools. *** Author's online Info link: https://jonaidinfo.blogspot.com/