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Yum Brands to sell Pizza Hut for $2.7b

Yum Brands has agreed to sell Pizza Hut for a combined $2.7 billion, ending its ownership of the iconic pizza chain as the company seeks to focus on higher-performing brands amid declining sales at Pizza Hut...

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BB plans tougher steps as bad loan recovery elusive

The Bangladesh Bank has intensified efforts to contain the country’s mounting default loan crisis through a series of regulatory, legal and policy measures, but economic weakness, lengthy legal processes and poor recovery rates continue to pose major obstacles to meaningful improvement...

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RMG exports to EU record steepest fall, shrink 19.4pc

Bangladesh suffered the largest decline among major apparel-exporting nations supplying the European Union during the first four months of 2026, as weakening demand and intensifying competition reshaped sourcing patterns on the bloc’s garment market...

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Fitch flags execution risk in FY27 revenue targets

Bangladesh’s revenue mobilisation targets for the upcoming financial year of 2026-27 might be difficult to achieve, given the country’s weak record on tax collection and reform implementation, said the Fitch Ratings...

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Concerns over relaxation of value-addition condition

Entrepreneurs in the textile, accessories and packaging sectors have expressed concern over the proposed removal of the minimum local value-addition requirement for non-bonded manufacturers that use duty-free imported raw materials under bank guarantees...

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Orange summit eyes $100m climate fund

Bangladesh Bank deputy governor Habibur Rahman on Tuesday said innovative financial instruments like Orange Bonds can play a transformative role in advancing climate resilience, women’s empowerment and inclusive growth...

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US envoy visits Rajshahi mango market

United States ambassador to Bangladesh Brent T Christensen on Tuesday visited the renowned Baneshwar Mango Market in Puthia upazila of Rajshahi, expressing admiration for the quality and taste of the region’s famous mangoes while underscoring the importance of strengthening Bangladesh’s cold-chain infrastructure to boost exports...

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Bangladesh wins 6 awards at China-South Asia expo

Bangladesh secured six prestigious awards at the ‘10th China-South Asia Expo’ and the ‘30th China Kunming Import-Export Fair 2026’, marking a significant achievement as the international trade event that concluded in Kunming on Tuesday...

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Bangladesh showcases RMG products at Sydney expo

Bangladesh has showcased its ready-made garment products and export potential at the Global Sourcing Expo 2026 in Sydney, seeking to expand trade opportunities and strengthen commercial ties with Australia...