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Govt., RMA and experts could decide fate of CSI bank: Management

The National Cottage and Small Industry Development Bank Limited has resolved or settled 13 of the 24 audit memos the Royal Audit Authority (RAA) issued for deficiencies in internal controls, policies and procedures and information and technology systems, among others.

FM writes to RMA’s board to reassess NPL cooling period 

Finance Minister Namgay Tshering wrote to the Royal Monetary Authority’s (RMA)...

Bhutan aims USD 5B GDP by 2029, USD 10B by 2034

The government plans the country’s gross domestic product (GDP) to double...

Bhutanese economy to grow at 4.1 percent in current FY: World Bank

The World Bank forecast the Bhutanese economy to grow by 4.1...

Share-trading in secondary market sees more than two-fold rise

Share-trading in the secondary market increased by over two-folds last year...

Household spends Nu 52,813 per month

Bhutanese households, on average, spend Nu 52,813 monthly, the figures from...

Can banks lower lending rate on housing loans?

Bhutanese in rented houses residing in urban areas are facing an...

Credit growth improves by 9.2 percent

With the re-opening of the economy, the total credit growth of financial...

Import bill to hit over Nu 100B this year

If the country imported Nu 30 billion (B) worth of goods...

Recurrent budget cut for financial prudence: FM

The government cut the recurrent expenditure from the last fiscal year...

Fiscal deficit expected to drop to 5 percent by June, FM says

Bhutan’s fiscal deficit would drop below 5 percent from 11.01 percent...

Remittance drops by 11 percent

What was feared and a concern, inflow of remittance has dropped...

Potato exporters not receiving full INR payment 

Export of potatoes has started earning INR (Rupee). Between September 5 and...

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