Pen-down strike over NBR abolition: Trade comes to a standstill, urgent resolution demanded | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
May 20, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, MAY 20, 2025
Pen-down strike over NBR abolition: Trade comes to a standstill, urgent resolution demanded

Bangladesh

TBS Report
19 May, 2025, 11:05 am
Last modified: 19 May, 2025, 11:09 am

Related News

  • Customs strike paralyses Chattogram port, halts trade for 5 days
  • Retired customs and VAT officers urge govt to revise new revenue ordinance
  • Ctg custom house pen-down strike continues for 5th day
  • Workers' strike disrupts container transport disrupted at 4 Ctg ICDs 
  • Finance adviser to hold meeting with NBR officials Tuesday

Pen-down strike over NBR abolition: Trade comes to a standstill, urgent resolution demanded

Delays in goods clearance and transportation have led to severe congestion at ports, affecting the government's revenue collection and foreign exchange earnings, says FBCCFAA in a statement

TBS Report
19 May, 2025, 11:05 am
Last modified: 19 May, 2025, 11:09 am
Representational image. File photo: TBS
Representational image. File photo: TBS

The pen-down strikes over the recent abolishment of the National Board of Revenue (NBR) and the creation of two new divisions — 'Revenue Policy' and 'Revenue Management' — through a government ordinance have led to widespread disruption in the country's import-export trade. 

This situation has drawn strong concern from the Federation of Bangladesh Customs Clearing and Forwarding Agents Association (FBCCFAA), which is calling for immediate discussions with all stakeholders to find a practical and urgent solution.

In a press release signed by FBCCFAA President Md Mizanur Rahman and Secretary General SM Saiful Alam, the organisation expressed deep concern over the disruption caused by the abrupt transition, which they say was implemented without any consultation with stakeholders. 

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

According to the statement, regular activities at customs offices and ports have been severely hampered for the last four days of the pen down strike observed by the NBR officials. It caused irreparable financial losses to importers, exporters, and other stakeholders in the trade sector.

The statement highlights that the government's revenue collection and foreign exchange earnings are also adversely affected. Delays in goods clearance and transportation have led to severe congestion at ports, disrupting essential services. 

Particularly alarming is the obstruction in the supply of raw materials to export-oriented industries, with some factories reportedly on the verge of closure, reads the release.

The FBCCFAA further warned that the ongoing paralysis is not only costing the government billions in lost revenue but also reducing the market supply of goods, contributing to rising prices. 

Additionally, the situation is threatening the livelihoods of thousands employed in import-export businesses, posing a significant threat to the country's overall economic stability.

Calling C&F agents a key pillar of the national economy, the association urged the government to take swift action and engage all stakeholders in discussions to devise a practical, inclusive, and sustainable solution to the crisis. 

The federation also cautioned that if the deadlock persists, it could trigger instability across the country.

Top News

NBR / abolition / pen-down / strike / Chattogram Port

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    Govt set to amend public service law to allow swift dismissal of unruly civil servants
  • Saleh Uddin Ahmed. Sketch: TBS
    Large depositors in troubled banks to be offered shares, bonds: Salehuddin
  • Most listed state companies incur loss in 9 months
    Most listed state companies incur loss in 9 months

MOST VIEWED

  • Lotto inaugurates new factory to nearly triple production capacity
    Lotto inaugurates new factory to nearly triple production capacity
  • Illustration: Collected
    Unemployment rate hits historic high, rises to 4.63% as 27.4 lakh now jobless
  • Representational image
    Govt plans to scrap reduced tax benefits for textile sector
  • Photo shows actress Nusraat Faria produced before the Chief Metropolitan Magistrate (CMM) Court on Monday, 19 May 2025. Photo: Focus Bangla
    Court sends actress Nusraat Faria to jail, sets 22 May for bail hearing
  • Nusraat Faria Mazhar. Photo: Noor A Alam/TBS
    Interim govt struggling with moral, political direction: British journo David Bergman on Nusraat Faria arrest
  • The Chattogram Custom House building in Chattogram. File Photo: Collected
    Ctg custom house pen-down strike continues for 5th day

Related News

  • Customs strike paralyses Chattogram port, halts trade for 5 days
  • Retired customs and VAT officers urge govt to revise new revenue ordinance
  • Ctg custom house pen-down strike continues for 5th day
  • Workers' strike disrupts container transport disrupted at 4 Ctg ICDs 
  • Finance adviser to hold meeting with NBR officials Tuesday

Features

Photo: TBS

How Shahbagh became the focal point of protests — and public suffering

13h | Panorama
PHOTO: Collected

Helmet Hunt: Top 5 half-face helmets that meet international safety standards

1d | Wheels
Photo: Collected

Simple accessories to extend the life of your luggage

1d | Brands
With a growing population, the main areas of Rajshahi city are now often clogged with traffic. Photo: Mahmud Jami

Once a ‘green city’, Rajshahi now struggling to breathe

2d | Panorama

More Videos from TBS

The instructions given by the Financial Advisor to the BSEC Chairman

The instructions given by the Financial Advisor to the BSEC Chairman

8h | TBS Today
Ishraq Mayoral Bid: Obstacles Mount Amid Political Tensions

Ishraq Mayoral Bid: Obstacles Mount Amid Political Tensions

9h | Podcast
India's 'factory dream' at risk in China-US deal

India's 'factory dream' at risk in China-US deal

10h | Others
What Was Manu Mia’s Crime After Digging 3,000 Graves?

What Was Manu Mia’s Crime After Digging 3,000 Graves?

10h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net