BUSINESS

Look back at the economy, business and finance in 2022

The COVID-19 pandemic continued with its onslaught on slowing down the economic growth. The economy is still in its recovery mode. In the month of May, labour import and use were made more liberal to help revive the economy. The Royal Monetary Authority (RMA) froze loans of BDBL, RICBL, and …

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Foreign reserves to last for a year and half: PM

In the State of the Nation Address (SOTN), Prime Minister Dasho Dr Lotay Tshering briefed the nation on the status of the foreign reserves currently, at USD 776.63 million (mn).  According to the SOTN, the net financial inflows which finances the current account deficits has been decreasing due to lower …

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Watching World Cup matches and winning prizes using MPAY

Bhutanese World Cup fans can take part in two World Cup events supported by BNB. They can firstly watch live world cup matches for free on a large screen at the volleyball ground in Changlimithang in a collaboration between the Bhutan Football Federation and the Bhutan National Bank. The facility …

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Maternity allowance on hold due to lack of recurrent budget

Although the Ministry of Health (MoH) completed the required plans and preparations for rolling out the maternity allowance and was supposed to implement the maternity allowance last year, but it was kept on hold over funding issues. During the Question-Hour session in the National Assembly, the Member of Parliament (MP) …

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