Share prices of major players fall despite active trading 

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The economic slowdown caused by the pandemic did very little to hurt the stock market enough. The stock market in the country remained active as ever recording a trading of shares worth Nu 863 million (M) in the secondary market last year.
Dzongkhag engineers and technicians work at the dry port construction sitekuensel

Bhutan’s first govt. bond, worth Nu 3B, well-received 

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The issuance of the first-ever sovereign or government bond worth Nu 3 billion (B) with a three-year maturity period has been well-received and fully subscribed.
Dzongkhag engineers and technicians work at the dry port construction sitekuensel

Bhutan and Bangladesh to sign preferential trade agreement

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Bhutan and Bangladesh have finalised the draft terms and conditions for signing a preferential trade agreement (PTA) that is expected to increase trade between the two countries.
Dzongkhag engineers and technicians work at the dry port construction sitekuensel

Nu 3B soft loans availed from ADB and WB for Covid-19 related activities

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The government wants to keep the economy ticking over during the Covid-19 pandemic by boosting public spending, but there are challenges as the strategy is faced with not only budgetary constraints but also lack of skilled labour.
A busy Goedoe Lam in Phuentsholing A busy Goedoe Lam in Phuentsholing

Small-time shopkeepers see a long way to recovery

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The local economy in Phuentsholing is expected to gradually heal from the shock it suffered during the lockdown but the small-time shopkeepers are doubtful. 
Dzongkhag engineers and technicians work at the dry port construction sitekuensel

Bhutan imported Nu 1B worth of dairy products in 6 months

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If import substitution is seen as a means for reviving the local economy, there is a huge scope in the dairy production sector.
The RICB head office in Thimphukuensel

RICBL offers opportunity to renew lapsed life insurance policy

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Have you updated your life insurance policy? You need not worry if you have not. In view of the difficulties faced by policyholders due to the Covid-19 pandemic, the Royal Insurance Corporation of Bhutan Limited (RICBL) is offering the opportunity with two options to renew the policy until December 31, 2020.
Dzongkhag engineers and technicians work at the dry port construction sitekuensel

There is still hope for the economy to bounce back: FM 

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The economy is bad, but all hope is not lost, according to Finance Minister Namgay Tshering. “We are experiencing an economic slowdown, but it (economy) has not crashed. If our economy collapsed, there would be no hope,” Lyonpo said.
Dzongkhag engineers and technicians work at the dry port construction sitekuensel

GDP slumps to negative 6.7 in August

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As feared, the economy is at its worse and the Gross Domestic Product (GDP), the conventional yardstick to measure growth, slumped to its lowest in August registering a growth of negative 6.7 percent.
Dzongkhag engineers and technicians work at the dry port construction sitekuensel

NPL increased by Nu 12B in first quarter

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The non-performing loans (NPL) ratio to total credit has jumped to 19.5 percent in March from 10.9 percent in December 2019. The total credit, as of April stood at Nu 142.689 billion (B), according to the Royal Monetary Authority’s monthly statistical bulletin for August.
Dzongkhag engineers and technicians work at the dry port construction sitekuensel

Boulder export to resume in Samtse

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Export of boulders (and aggregates) to Bangladesh and India from Samtse is expected to resume this week, according to dredging companies and exporters.
Dzongkhag engineers and technicians work at the dry port construction sitekuensel

Digital payments on the rise

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Digital payment transactions have seen a significant jump amid the Covid-19 pandemic, according to the Royal Monetary Authority’s (RMA) report on the Covid-19 impact on Payments in Bhutan.
Dzongkhag engineers and technicians work at the dry port construction sitekuensel

Consumer prices rise amid Covid-19

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Consumer prices rose sharply from March to May in the wake of the Covid-19 pandemic, according to the Consumer Price Index (CPI) published recently by the National Statistics Bureau (NSB).