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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...

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...

Country’s unemployment rate drops

Country’s unemployment rate drops

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...

MoIT to reschedule interviews after complaints over lapses in recruitment process

MoIT to reschedule interviews after complaints over lapses in recruitment process

A group of shortlisted candidates have filed a complaint with the Anti-Corruption Commission (ACC) against the Ministry of Infrastructure and Transport. According to the group, misconduct and administrative lapses occurred in the ministry’s recruitment process which happened recently. The ACC is currently reviewing the case based on the group’s allegations. The Ministry of Infrastructure and Transport announced vacancies for four...

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