DHI donates Nu 20mn for “Loden-DHI Fund” 2016

The Loden-DHI fund provides interest and collateral free loans to entrepreneurs interested in starting a new business or expanding the existing ones Yenten Thinley from Thimphu Druk Holding and Investments (DHI) granted Nu 20mn for 2016 to the “Loden-DHI Fund” in a joint collaboration to promote entrepreneurship in Bhutan by providing financial support to aspiring […]

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14th ACD held at Bangkok

The meeting with the theme “ACD – The Way Forward” discussed regional economic integration, interconnectivity, sustainable development and mechanisms on further strengthening the ACD process. Yenten Thinley from Thimphu The 14th Asia Cooperation Dialogue (ACD) held in Bangkok starting yesterday will end today. The Bhutanese delegation was led by the Minister of Foreign Affairs, Lyonpo […]

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Import of petroleum products slightly increases in 2015

However, the import value dropped to Nu 7,370.9mn last year from Nu 8,432.66mn in 2014 Yenten Thinley from Thimphu Although the total volume of fossil fuel imported in the country slightly increased last year, the import value in terms of monetary took a dive. Petrouleum products include petrol, diesel, kerosene, Liquefied petroleum gas, furnance oil […]

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Stock market too small for foreign investors

Opening the stock trade to foreign investors premature due to size, trading volume, liquidity of the market and lack of adequate trading infrastructures Dechen Dolkar from Thimphu The country’s stock market, which is growing at a snail pace, as of now won’t be open for foreign investors. With total market capitalization of Nu 21bn, which […]

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RemitBhutan to enable easy & safe remittance from overseas

Dechen Dolkar from Thimphu Bhutanese living, working or studying abroad can now remit their earnings to their personal foreign currency accounts or that of their family members in Bhutan. The central bank, Royal Monetary Authority (RMA), launched Foreign Currency Account facility for Non-Resident Bhutanese (NRB) on Thursday. This facility would allow Non-Resident Bhutanese (NRB) to […]

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