Smuggling syndicates threaten domestic shaving blade industry - News Summed Up

Smuggling syndicates threaten domestic shaving blade industry


Photo: BSSDHAKA, March 29, 2025 (BSS) - Organized smuggling syndicates are orchestrating a massive evasion of state revenue that threatens to dismantle Bangladesh's domestic shaving blade industry, placing thousands of jobs at risk. This vacuum, created by the absence of a legal distributor, has been aggressively exploited by organized crime syndicates. Their operations directly undermine compliant domestic manufacturers, specifically Sharp Blade, Champion Blade, Vidyut, and Matador. On July 18, 2025, BSS reported that BGB and Army personnel recovered contraband valued at Tk 6 crore during operations in the Sylhet border areas. He emphasized that immediate intervention is essential to protect national revenue, restore fair market competition, and prevent the total collapse of the domestic shaving blade manufacturing sector.


Source: Bangladesh Sangbad Sangstha March 29, 2026 10:52 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */