Advertisement

DPL in distress, resorts to rights issue

Dungsam Polymer Limited (DPL) is encountering serious cash flow problems and an acute shortage of working capital, putting the company in a difficult situation. The DPL, which is in its sixth year of operation is yet to come out of the red. In addition to term-loan balance of Nu 113M from NPPF, the company has Nu […]

National revenue records 24 percent growth

The fiscal year 2017-18 saw significant growth in national revenue amounting...

GST imposition on cardamom export to India affects price

Bhutanese exporting cardamoms to India are desperate for a government intervention. After...

Rupee reserve at INR 20B

The country’s international reserve position as of August this year was...

GDP growth drops to 4.6 percent in 2017

Against a higher projection and the-so-claimed “robust performance”, the country’s economy...

USD hits record high at Nu 73

Indian rupee (INR) has been sliding against the USD in recent...

Forex counters at airport accrue USD 2M in a year 

The Royal Monetary Authority (RMA) has collected USD one million in...

Four companies raised Nu 2.77B from commercial papers

Since the introduction of commercial papers in 2017, four incorporated companies...

Manipulations by middlemen decreasing cardamom price, say traders

Cardamom traders in Phuentsholing say manipulations by middlemen result in the...

GST regime to be implemented by 2020

With the implementation of the goods and services tax (GST) in...

87,901 taxpayers filed their taxes in 2017

Some 87,901 individuals and businesses filed their taxes in the income...

Record low inflation in August

The price of goods and services as of August this year...

Domestic credit at 107.8B

Financial institutions in the country lent Nu 107.8B in the domestic...

Advertisement

Skip to toolbar