Articles & updates

July 18, 2019

Bhutan Economic forum for innovative transformation | BEFIT 2019
Lyonchhen Dr Lotay Tshering opens the National CSI expo during the Bhutan Economic Forum for Innovative Transformation (BEFIT) conference yesterday. About 52 CSI entrepreneurs exhibited their products and services to the participants.
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July 4, 2019

Foreign direct investment in small & medium enterprises to be allowed soon.
Should the draft foreign Direct Investment (FDI) policy 2019 come through, small-scale production and manufacturing activities would be allowed to explore foreign partners and investors with its approval and clearances fast tracked.
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June 5, 2019

Helping Bhutan build a Entrepreneurship culture | National Entrepreneurship Congress
During the National Entrepreneurship Congress (NEC) in Thimphu on Sunday, deputy governor of Royal Monetary Authority (RMA), Yangchen Tshogyel, said that the central bank was already working towards high-value E-commerce. RMA is also working closely with Bhutan Post to provide necessary logistic support for the export of local products.
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April 18, 2019

More than Nu 300M sanctioned for Priority Sector Lending schemes
A year after it was launched, financial institutions sanctioned a total of Nu 305.8 million (M) and disbursed Nu 229.8M towards Priority Sector Lending (PSL) schemes.
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March 5, 2019

Government establishes private sector development board
The government has established a private sector development board to come up with a policy framework for the development of the private sector. It is also expected to help determine the roles of State Owned Enterprises (SOEs) for private sector growth.
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February 19, 2019

State dominated economy hinders private sectors: World Bank Report
The state’s dominance of the economy has not only constrained private sector development but also distorted the market, according to the World Bank.
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February 13, 2019

Royal Monetary Authority of Bhutan plans big on digital payments
In pursuance to digital financing, the Royal Monetary Authority (RMA) is conducting a feasibility study on international payment gateway and e-commerce modalities. With financial sector seeing rapid technological advancement, there is a growing demand for an international payment gateway and...
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January 30, 2019

Top business acceleration training program in Bhutan is going to support entrepreneurs
Eleven entrepreneurs will pitch their businesses to the business accelerator fund panel for access to Business Acceleration Programme (BizAP) fund at Financial Institutions Training Institute (FITI) in Thimphu today.
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January 21, 2019

Financial switches of Bhutan and India to be integrated soon
In marking 50 years of Indo-Bhutan diplomatic relation, the Royal Monetary Authority (RMA) and Reserve Bank of India (RBI) would soon integrate Bhutan financial switch and national financial switch of India to facilitate cash-less cross border digital payment.
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