BBSCL

Bhutanese entrepreneurs and businesses will benefit from equity financing as the government moves to foster a dynamic startup and innovation ecosystem. In line with its commitment of USD 100 M, the government will soon sign an agreement with a globally renowned venture capital firm. The Minister for Industry, Commerce, and Employment said that an open, accessible, and transparent application process...

The country’s unemployment rate has dropped to 3.5 per cent in 2024 compared to 5.9 per cent in 2022. This is according to the National Statistics Bureau’s annual survey report 2024. Despite this drop, challenges persist, particularly for women and youth in securing jobs.   The report revealed that female unemployment remained higher than male unemployment last year. Female unemployment...

If you invested in stocks and forgot about them, it might be time to check with your company. According to the Royal Securities Exchange of Bhutan (RSEBL), unclaimed dividends worth Nu 60M remain with publicly listed companies. Among the 18 listed companies on the Bhutanese stock exchange, 15 have declared dividends, amounting to nearly Nu 17bn so far. However, almost...

Bitdeer launched its second-largest Bitcoin mining data centre at Jigmeling in Sarpang on Tuesday, adding to Bhutan's growing digital asset mining sector. The 500-megawatt facility, which began phased operations on Tuesday, is set to reach full-scale operations by next year. The project, Bitdeer Jigmeling Private Limited, is a collaboration between Bitdeer and Druk Holding and Investments (DHI). GMC Governor Dasho...