Three FIs temporarily suspend loans

Following a directive from the Royal Monetary Authority (RMA), Bhutan Development Bank Limited, Royal Insurance Corporation of Bhutan Limited, and National Cottage and Small Industry (CSI) Development Bank temporarily suspended disbursing loans due to their high non-performing loans (NPL). 

Fuel transporters stop supply with no revision in freight charges

More than 30 truckers in Phuentsholing had not loaded up to...

Cross border energy trade redeems current account imbalance in Bhutan

Bhutan is the only South Asian country with surplus energy exporting...

MoEA to implement wholesale distribution system 

The Ministry of Economic Affairs (MoEA) will start a distribution system...

CSI bank temporarily freezes loans

The Royal Monetary Authority (RMA) has directed the National Cottage and...

Transporters of Chunnaikhola dolomite mines stop work

Unhappy with the rate revision, local transporters with the Chunnaikhola Dolomite...

Bhutan and Thailand to have bilateral trade

The government of Bhutan and Thailand agreed to sign a bilateral...

Govt. struggles to use capital budget

Although the government relaxed the Covid-19 protocols, budgetary agencies struggled to...

Nu 32B trade deficit in 2021 highest in the last five years

Bhutan’s trade deficit last year was Nu 32.23B, the highest in...

Excess liquidity discourages short term deposits

Financial service providers (FSPs) in the country are no longer entertaining...

NCGS approves 114 projects in production and manufacturing sector

With 32 more projects approved on April 21 this year, National...

OCP registers 11 complaints against unregistered online businesses

Consumers have filed 11 complaints of unfair business practices to the...

Sluggish credit growth, a concern

A sluggish growth in lending, which has resulted in money lying...

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