Loans with preferential rates to be granted to CSIs identified as priority sector

Financial institutions will grant loans at preferential rates to agriculture and non-agriculture Cottage and Small Industries (CSI) in the country indentified as priority sector under the Priority Sector Lending (PSL) from next year. The PLS guidelines identify the CSI sector as a priority sector for targeted lending and increased coordination and efficiency in the delivery […]

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Electricity export to increase by 2018

With the Mangdechhu Hydropower Project Authority (MHPA) likely to be commissioned by mid-2018, an additional 2,925 million units (mu) of electricity will be generated of which most part will be exported to India. Druk Green Power Corporation (DGPC) projects that the domestic demand will decrease gradually once the Mangdechhu project is commissioned. “After MHPA,  Punatsangchhu […]

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Three teams from RTC gear up for business challenge

Three teams of students from Royal Thimphu College (RTC) will represent their college and country in the much-coveted Mekong Business Challenge (MBC) 2017-2018, which is scheduled on March 17 next year in Thimphu. RTC has been chosen as the host this year in the wake of the college’s strong performance for the last two consecutive […]

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