Three FIs temporarily suspend loans
May 27th, 2022
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
May 17th, 2022
More than 30 truckers in Phuentsholing had not loaded up to...
Cross border energy trade redeems current account imbalance in Bhutan
May 16th, 2022
Bhutan is the only South Asian country with surplus energy exporting...
MoEA to implement wholesale distribution system
May 14th, 2022
The Ministry of Economic Affairs (MoEA) will start a distribution system...
CSI bank temporarily freezes loans
May 14th, 2022
The Royal Monetary Authority (RMA) has directed the National Cottage and...
Transporters of Chunnaikhola dolomite mines stop work
May 11th, 2022
Unhappy with the rate revision, local transporters with the Chunnaikhola Dolomite...
Bhutan and Thailand to have bilateral trade
May 11th, 2022
The government of Bhutan and Thailand agreed to sign a bilateral...
Govt. struggles to use capital budget
April 26th, 2022
Although the government relaxed the Covid-19 protocols, budgetary agencies struggled to...
Nu 32B trade deficit in 2021 highest in the last five years
April 26th, 2022
Bhutan’s trade deficit last year was Nu 32.23B, the highest in...
Excess liquidity discourages short term deposits
April 23rd, 2022
Financial service providers (FSPs) in the country are no longer entertaining...
NCGS approves 114 projects in production and manufacturing sector
April 23rd, 2022
With 32 more projects approved on April 21 this year, National...
OCP registers 11 complaints against unregistered online businesses
April 23rd, 2022
Consumers have filed 11 complaints of unfair business practices to the...
Sluggish credit growth, a concern
April 23rd, 2022
A sluggish growth in lending, which has resulted in money lying...