Arun Devnath's profile photo

Arun Devnath

Dhaka

Political Journalist at Bloomberg News

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Articles

  • 1 week ago | news.bloombergtax.com | Arun Devnath

    XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

  • 1 week ago | news.bloomberglaw.com | Arun Devnath

    Bangladesh’s interim government has postponed a tax reform ordinance and pledged to strengthen the National Board of Revenue, following days of protests by tax officials, according to a statement from the finance ministry.

  • 1 week ago | bloomberg.com | Arun Devnath

    Muhammad Yunus(Bloomberg) -- Bangladesh’s interim government has no intention of stepping down before completing its responsibilities, a top cabinet member said, rejecting speculation over a possible resignation of its leader Muhammad Yunus. “We will not leave our tasks unfinished,” Wahiduddin Mahmud, the government’s planning adviser, told reporters Saturday after a meeting of officials who are overseeing the country’s democratic transition.

  • 3 weeks ago | bloomberg.com | Arun Devnath

    (Bloomberg) -- Bangladesh has repealed an order that limited movements in its currency as it boosts efforts to adopt a market-determined exchange rate. The central bank revoked a directive issued in January that capped the spread between dollar buying and selling rates, according to a statement on its website on Wednesday. It also reaffirmed a December 2024 circular that permits freely negotiated FX rates.

  • 3 weeks ago | bloomberg.com | Arun Devnath

    Bangladeshis celebrate after the interim government officially banned all activities of the Awami League under the Anti-Terrorism Act, in Dhaka on May 10. (Bloomberg) -- Bangladesh will ban the former ruling Awami League party under anti-terrorism law, the nation’s chief adviser’s office said in a statement, citing national security and the need to protect witnesses in criminal trials.

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