BNBL’s profit decreases to Nu 46.63mn in 2020

The bank made a profit of Nu 1bn in 2015 While the Bhutan National Bank Limited (BNBL) recorded a profit of Nu 61.96mn, the bank profited Nu 46.63mn in 2020. However, in 2018 the bank made a profit of Nu 736.19mn. The profit in 2020 has reduced by 24.75% due to additional provision of Nu […]

Schools in Mongar unable to implement plans and programs as scheduled

Because of the current situation of the Covid-19 pandemic in the eastern dzongkhags, schools in Mongar this year have put a halt on other programs and co-curricular activities with focus solely being on academic sessions. The Principal of Mongar Higher Secondary School (MHSS), Kuenga Rinchen said that other than academic classes, no other programs are […]

RSEBL offers sale of shares of Sungchob Fund and Kidu Fund

Looking at the live auction portal of RSEBL, the price bid may go up to more than Nu 200 The Royal Securities Exchange of Bhutan Limited (RSEBL) is auctioning the offer for sale of shares of the Sungchob Fund and Kidu Fund. The listed companies are the Royal Insurance Corporation of Bhutan Limited (RICBL) and […]

USD 3.44bn required for Bhutan’s intended actions against climate change

The transport sector, a primary source of GHG emission, requires about USD 3.23bn for mitigation measures Bhutan’s 2nd Nationally Determined Contributions’ intended actions to mitigate climate change requires about USD 3.44bn until 2030.  It also calls on the international community to continue and enhance the support for Bhutan’s efforts to mitigate and adapt to climate […]

Learning from the recent lockdown

In what has been a relief for many in Thimphu, the capital city saw the third lockdown being lifted on Monday afternoon after all possibilities of Covid-19 disease presence in the capital were ruled out. The third lockdown, meanwhile, was imposed in Thimphu from 6pm onwards on June 12 to prevent the spread of Covid-19 […]

Govt. to formalize informal businesses to revive economy

The ministry is coming up with a strategic policy to help the business identities One of the priorities of the government to revive the economy is by formalizing the informal businesses in the country, according to Economic Affairs Minister Loknath Sharma.The minister informed the House in response to the question from the MP of Kilkhorthang […]

Boulder export expected to resume today

The export came to a halt for around two months The export of boulders from Phuentsholing came to a stop on April 17 following the third lockdown in the town. However, its export is expected to resume today after the completion of the mass screening in the border town.Meanwhile, boulders were exported smoothly during the […]