Saturday, June 7, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Government reluctant to sell some state-owned enterprises’ shares

February 13, 2016
in Uncategorized
Reading Time: 1 min read
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Government reluctant to sell some state-owned enterprises’ sharesThe government is still not yet ready to sell shares of some of its state-owned enterprises to strengthen the country’s stock market. Bhutan’s stock market, the Prime Minister  Tshering Tobgay said is still the smallest and the slowest in the world.

While the government promised extensive reform in the financial sector to strengthen the stock market, there are still very few measures the government can adopt to achieve that target.

Besides, it is also not in favor of selling shares to the public by divesting some of its profitable government organization.

Lyonchhen explained if government shares were floated to the public, only few people with means and expertise might benefit.

“The idea of selling government shares sounds good, but government organizations contribute a lot to the revenue that is used to provide free education and primary health care to a vast majority. By divesting, the government is compromising a major chunk of its revenue and it will impact, health and education facility.”

However, Lyonchhen Tshering Tobgay said the stock exchange today was looking to establish a separate commodity exchange, where commodities including agriculture produce and minerals would be listed in the stock exchange like shares.

“Once the mega hydropower projects are completed, they would fuel industrial growth, and then, many industries will then be listed in the stock exchange and floating their shares to the public.”

Bhutan’s stock market is the smallest in the world besides the Maldives.

 

 

Previous Post

Completion dates of industrial estates uncertain

Next Post

Alleged statutory rape case forwarded to OAG

Next Post
Alleged statutory rape case forwarded to OAG

Alleged statutory rape case forwarded to OAG

Man detained for malicious mischief

Man detained for malicious mischief

Fire in Chudzom continues to blaze

Fire in Chudzom continues to blaze

Please login to join discussion

RECOMMENDED NEWS

Agriculture and food security subject to be regularised in schools

Agriculture and food security subject to be regularised in schools

7 years ago
19
Only 216 employed so far under the Build Bhutan Project

Only 216 employed so far under the Build Bhutan Project

5 years ago
1

Pfizer roll out begins in Samtse

4 years ago
1

Indian Embassy celebrates the Independence Day of India

11 years ago
1

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (174)
  • Audience Survey Report (1)
  • Business (744)
  • Crime/Legal (367)
  • Culture (47)
  • Development (51)
  • Disaster (57)
  • Economy (277)
  • Education (412)
  • Entertainment (13)
  • Environment (60)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (6)
  • Health (622)
  • Legal (52)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,574)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (709)
  • Social (515)
  • Sports (449)
  • Technology (190)
  • Tourism (19)
  • Uncategorized (13,866)
  • Video (136)
  • Video Story (249)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • RMA to roll out seven new measures for loan repayment support
  • National Housing Strategy to be ready by September
  • Bhutan begins NFT sales, to preserve heritage
  • City bus viability raised in parliament, MoIT minister cites past privatisation failures
  • Paro MP questions airport expansion impact on affected landowners

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.