BBSCL

The government is working to secure funds to implement the Third Child Cash Incentive Programme. The initiative intends to provide Nu 10,000 per month to women for their third and subsequent children until the child attains three years. Prime Minister Tshering Tobgay said this during the Meet the Press session today. It is to encourage Bhutanese families to have more...

Oro Bank, the official bank of Gelephu Mindfulness City, has extended the deadline for the Gelephu International Airport Fixed-Term Deposit (FTD) programme until the end of March next year. The bank made the announcement today. This programme allows Bhutanese living overseas to invest in the development of Gelephu International Airport. The original deadline was due to expire tomorrow. The bank...

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,...

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...