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Market value of shares reach Nu 28B

Share trading in the secondary market has increased by about 300 percent in the first five months this year, compared with the same period in 2017.  Market capitalisation has touched a record high of Nu 28B, an increase of about Nu 3B compared with 2017. Market capitalisation is the total …

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RMA allows INR 500 denomination

The Royal Monetary Authority (RMA) has allowed the use of new series of INR 500 and INR 200 in the country effective June 11. This was following a circular issued by the Reserve Bank of India (RBI). However, this is subject to limit of INR 25,000 a person. Earlier the …

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Dungsam Polymers suffer sixth consecutive loss

Sixth year into operation and the Dungsam Polymers Limited (DPL) is yet to come out of the red. However, the company has been able to reduce its loss by a huge margin, from about Nu 20M in 2016 to Nu 6.25M last year. “The performance in the first quarter of …

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Bhutan approves 64 FDIs in 15 years

Bhutan has to date approved 64 foreign direct investment (FDI) projects worth Nu 34 billion since the country allowed foreign investment in 2002. According to the FDI annual report 2017, the country approved five projects in 2016. This means that since then, in a span of about a year and half, 10 FDI projects were approved.

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Bhutan among fastest growing economies in Asia: ADB

But youth unemployment remains an issue With an economic growth rate of 7.5 percent in 2017, Bhutan is the fastest growing economy in the developing Asia region, according to the Asian Development Bank (ADB). The bank’s Asian Development Outlook 2018, states that the outlook is for continued, strong, stable growth, …

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Financial institutions fuel Nu 103B domestic loan

Financial institutions in the country lent Nu 103B in the domestic market as of December last year. The economy saw domestic credit swell by Nu 13B in a span of 12 months. In January last year, the cumulative figure of domestic credit stood at Nu 90B. This is according to …

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Stock exchange spots Nu 17M in unclaimed dividends

The Royal Securities Exchange of Bhutan (RSEBL) has found a total of around Nu 17M unclaimed dividends with the respective listed companies accumulated till date. During an interactive session between interested individuals and the exchange officials yesterday, it was pointed out that many shareholders invest in company shares without comprehension …

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BAIL buys apples from farmers as export market shrinks

Labourers load apples after grading in Phuentsholing in August 2017

The apple export market was not good this season. According to apple growers and exporters in the country, the export season started on a low scale in terms of rate and ended without them benefitting much. Exporters in Phuentsholing said that the quality of grading and apple maintenance had deteriorated …

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Domestic credit at Nu 97B

The Royal Monetary Authority’s (RMA) financial inclusion initiative is expected to fuel domestic credit to almost 50 percent of the GDP in the medium term.

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