Nu 13bn trade deficit in the first quarter of 2022

Bhutan’s trade deficit hits a record high as goods imports surge in January-March Bhutan’s trade deficit widened to a record high in March, reflecting a surge in imports as companies relied on foreign producers to meet solid domestic demand. The gap in goods imports and exports trade grew Nu 3bn in the first quarter of […]

The drama of fuel

We saw a drama of another sort unfurled on June 13 in Thimphu as many car owners swarmed the fuel stations in the capital city following rumors of a fuel shortage in the country. The rumor that fuel will not be available in Thimphu due to price hikes and supply disruptions had spread like wildfire […]

BCCI outlines post-June measures for businesses

The chamber highlights monetary measures as an intervention for businesses in the private sector Extending the gestation period by three-five years, reducing the Equated Monthly Instalments (EMI), extending long tenure loans from 15 years to 30 years, reducing the Minimum Loan Rate (MLR) by reducing the saving rate and fixed deposits, and providing bridging (soft) […]