BUSINESS

Environmental Education Camps to save the Tigers

The Royal Manas National Park (RMNP) under the support from project – Tiger Conservation in Greater Manas, is in a drive to provide Environment Education (through EE camp) to some 16 schools located in and around its jurisdiction. The EE camp is being conducted on the theme, “Educate Youth to …

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A Regulation to issue corporate bonds

To appraise concerns raised in light of limited access to finance the Bhutanese corporate bodies, the economic affairs ministry has developed the Regulations for Issue of Corporate Bonds, 2012 under the Companies Act of 2000. The regulation would also address the lack of securities in the market for the investors …

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First financial training institute to be established

Studying the loopholes in the financial sector, the Royal Monetary Authority (RMA) and the Financial Institutions (FIs) have concurred to establish a self-sustaining Financial Institutions Training Institute (FITI) for the FIs of Bhutan. This institute, which could be an efficient financial intermediate, is the first of its kind in the …

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Dungsam to float shares once in operation

The Druk Holdings and Investment (DHI) shared its intention to welcome public to buy shares in Dungsam Cement Project and the recently commissioned Dungsam Polymers. The prospectus on divesting 49 percent shares from the polymer is being worked on. Chief Executive Officer (CEO) of DHI, Karma Yonten said that in …

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DHI grows in billions but slightly dips in income

The Druk Holding and Investments (DHI), declared a net worth growth of Nu four billion from Nu 60.41bn in 2010 to Nu 64bn in 2011, but there has been a decrease in income by 2.43% owing to the decline in the profit made by two portfolio companies, Druk Green Power …

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