Electronics see 3-5% price hike amid costlier imports

The depreciating Bhutanese Ngultrum against the US dollar has put further aggravated the problem The prices of home appliances and consumer electronics, including TVs, washing machines, and refrigerators, have gone up by 3 to 5% from May end or the first week of June as imports costs have been rising, according to the importers in […]

Construction sector expected to grow by 5% in June

The sector is one of the government’s priorities to revive the economy, according to the MoWHS Minister As economic activities in the country start to get momentum, the construction sector is expected to grow by 5% in June this year. Works and Human Settlement Minister Dorji Tshering said that the construction sector is expected to […]

INR reserve rises to Rs 20.3bn

The Rupee reserve dropped by Rs 4.7bn in March compared to last year The country’s international reserve position as of March this year was at USD 984mn with the Indian Rupee reserve forming Rs 20.3bn, and the convertible currency reserve of USD 716mn, according to the monthly statistical bulletin of the Royal Monetary Authority (RMA). […]