BUSINESS

Nu 79 million in unclaimed dividends in 16 companies

Shareholders have not collected their shares paid by 16 listed scripts with the Royal Securities Exchange of Bhutan (RSEBL). Unclaimed dividend is the dividend that is paid by the companies to its shareholders but the shareholder has not yet taken or claimed it. Druk PNB Bank Limited has accumulated Nu …

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Government announces new SDF incentives of 4, 7 and 12 nights SDF waivers to encourage visits

The incentives are available for full US dollar SDF-paying tourists, and for stays in Bhutan between June 01, 2023 and December 31, 2024 (Thimphu, Bhutan, May 31, 2023): The Cabinet has today announced three different SDF incentives for US dollar SDF-paying tourists that are designed to encourage longer stays and greater exploration of all 20 dzongkhags. The incentives come into effect for bookings made from June …

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Businesses in border towns are not doing well

Trade and commerce in the border towns of Phuentsholing, Gelephu and Samdrup Jongkhar, are down. The people that run businesses in these areas, share there are numerous factors that are killing their business, such as the reopening of borders with India, taxes and lack of population. The Chair of Members …

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RMA partially lifts loan moratorium on BDBL

The Royal Monetary Authority (RMA) approved the partial lifting of loan moratorium of Bhutan Development Bank Limited (BDBL) to selected branch offices like Wangduephodrang, Tsirang, Dorokha, Gasa, Trashigang, Gedu, Dagapela, Jomotshangkha, Lhuentse, Zhemgang, and Nganglam. These selected branches will be providing limited credit services in critical areas with focus on …

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Project DANTAK and DoST conduct cleanliness drive

Project Dantak, in coordination with the Department of Surface Transport, RGoB, has been conducting periodic Cleanliness Drive since 05th February 2023 coinciding with the 7th birth anniversary of His Royal Highness, The Gyalsey Jigme Namgyel Wangchuck, aimed at keeping the Western and Eastern highways as well as other roads of …

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Rapid Surge in Education Consultancies and its impact

Consultancies agree to not post visa grant notices on social media In recent years, there has been a noticeable increase in the number of Bhutanese individuals seeking educational opportunities abroad. As the desire for international exposure and quality education grows, so does the demand for education consultancies in Bhutan. The …

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