BBSCL

The Bhutan Chamber of Commerce and Industry or BCCI, has raised concerns regarding the government’s recent decision to disburse Economic Stimulus Programme loans through the Bhutan Development Bank. At a recent Private Sector Press Conference, the BCCI shared challenges such as the loans not covering many in the private sectors. Earlier this month, the government mandated that loans under the...

Tens of thousands of Bhutanese living abroad have already invested in the Gelephu International Airport Fixed-Term Deposit. In an exclusive interview with BBS, Oro Bank CEO Mike Kayamori said that the nation-building campaign has raised millions of US dollars to fund the Gelephu International Airport. The bank extended the deadline to purchase the fixed-term deposit until the end of March,...

Bhutan was declared as an Open Defecation-Free country in 2022, marking a significant milestone in its journey towards improved sanitation and public health. However, recent reports indicate a slight decline, with the percentage dropping by approximately one per cent. According to SNV Bhutan, there are several reasons for the drop including disrepair of toilets and disasters destroying such structures. Tashi...

The deadline to apply for loans under the Economic Stimulus Programme, ending tomorrow, will not be extended. However, for the Window I Concessional loans, if funds remain, the Bhutan Development Bank will reopen applications. Same applies to Window-II Reinvigoration Fund, but will be announced by all seven Participating Financial Institutions. The ESP loan which started receiving its application beginning September...