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Nu 60 M in unclaimed dividends remain in stock market

Nu 60 M in unclaimed dividends remain in stock market

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...

Blacktopping of Singye Gewog road to enhance access to services and markets

Blacktopping of Singye Gewog road to enhance access to services and markets

Residents of Singye Gewog in Sarpang will soon experience smoother travel as the Department of Surface Transport nears completion of blacktopping the gewog road. The project, expected to finish in three months, promises to enhance connectivity and create new economic opportunities for the community. The road, built in 2016, had not undergone major maintenance due to budget constraints. Now, as...

Policy vs. Reality – disability incentives remain unimplemented

Policy vs. Reality – disability incentives remain unimplemented

Bhutan’s progressive policies on papers often fail at implementation. A striking example is the National Policy for Persons with Disabilities 2019. Persons with disabilities know this reality firsthand. In this news report, a young woman with disability, running a tailoring business, expresses fear of not being able to sustain her business after recent reports shed light on sudden increase in...

Calls for fair block grant allocation resurface in Dzongkhag Tshogdu

Calls for fair block grant allocation resurface in Dzongkhag Tshogdu

Local leaders in Chhukha, especially of larger gewogs, are worried about the decline in their block grant budget for the 13th Five-Year Plan. During the recent Dzongkhag Tshogdu, they raised concerns over the Resource Allocation Formula used in distributing the grant. They said that it will widen the economic development gap between larger and smaller gewogs. The local leaders are...

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