Government halts 2,560MW Sunkosh project
August 6th, 2022
The government will for now not pursue the 2,560-megawatt Sunkosh hydropower project, the country’s biggest, according to the economic affairs minister, Loknath Sharma.
Finance ministry to come up with plan to replenish foreign currency reserve
August 6th, 2022
The Cabinet on August 4 directed the finance ministry to submit...
Economic growth rebounds with 4.09 percent in 2021
August 1st, 2022
Bhutan’s economic or gross domestic product (GDP) recorded a growth of...
Energy and resource companies help DHI’s profits
July 15th, 2022
Druk Holding and Investments (DHI) group declared a Profit After Tax...
Inward remittances declining
July 12th, 2022
Remittances from Bhutanese living abroad have seen a declining trend. Statistics from...
NPL drops to Nu 17.56B in March
July 11th, 2022
The non-performing loans (NPL) in the financial sector saw a drop...
Only two industries operational in Dhamdum Industrial Park
July 7th, 2022
While the people of Samtse are pinning hope in the Dhamdum...
GoI extends SCF settlement period and reduces the interest rate
July 7th, 2022
The Government of India (GoI) has extended the settlement period and...
Government to continue rationalisation measures in this fiscal year
July 7th, 2022
As the country’s domestic revenue is adequate to only meet recurrent...
Fourth phase of monetary measures provides loan restructuring options
June 25th, 2022
Phase IV of the monetary measures will allow eight different forms of...
Government subsidies to SoEs drop
June 25th, 2022
The government has slashed its annual subsidies to state-owned enterprises (SoEs) and...
Is Bhutan’s economy at risk?
June 25th, 2022
Rising food prices driven by cost of transportation, a growing trade...
Import prices quadruple in 2021, jump over 18%
June 11th, 2022
Import prices of goods were 18.05 percent higher in 2021 over...