Yuba Sansar 22 April 2012
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RMA circulation and economic rights
A recent notice from Royal Monetary Authority (RMA) the national financial institutions regulator, reads that Bhutanese citizens are not permitted to open back account out of the country. Though the RMA did mention it was just a notice of reminder, it came as a result of increasing trend among...
Iron, steel lead country’s exports to Bhutan
Iron and steel products have become the country´s largest exports to Bhutan over the past two years, thanks to massive electrification drive in Bhutan and subsequent rise in demand for electricity poles from Nepal. A consortium of Hulas Steel, Bhagawati Steel and Mainabati Steel that was selected through a...
Bhutan walks down the ladder on trade
Bhutan’s huge national income from the sale of hydropower to India is almost consumed by the increasing trade deficit, which has grown by 3.5 times in the last fiscal year than that of a year before. Increased trade deficit from Nu 4 billion to Nu 14 billion within a...