Saturday, June 28, 2025
  • Webmail
  • 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

Credit to trade and commerce sector increases

May 25, 2016
in Uncategorized
Reading Time: 1 min read
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Credit to trade and commerce sector increasesCredit to the trade and commerce sector increased by over Nu 4 B.

Bankers and officials from the finance ministry said, priority sectors such as trade, tourism and agriculture has been receiving more credit from the banks since, last year.

The financial institutions dished out an additional Nu 10 B as credit to the economy, last year.

Bankers said the trade sector receiving more credit from the banks was indicative of a growing economy.

“Right now, the focus is on the trade and services sector, which gives you an indication where the economic activity and the consumption is taking place. Today, it has contributed to the economy leading to increased GDP growth rate,” said Druk PNB’s CEO, Mukesh Dave.

However, it could also lead to more outflows and trade deficits due to increase in imports.

Steps may have to be taken to reduce outflows that may lead to huge trade deficit in the long run.

Among various sectors, building and construction continued to receive the largest share of credit.

And despite significant increase in import of private vehicles, many buyers did not avail transport loans to buy cars. In fact, transport loans increased by less than a billion in 2015.

Previous Post

350 athletes from across Asia to take part in Asian Bodybuilding Championship

Next Post

Favouritism tops corruption list in civil service

Next Post
Favouritism tops corruption list in civil service

Favouritism tops corruption list in civil service

Bhutan Helicopter Services undertakes lifting operation

Bhutan Helicopter Services undertakes lifting operation

Youth unemployment rate increases

Youth unemployment rate increases

Please login to join discussion

RECOMMENDED NEWS

Monggar Dzongkhag Engineering Sector involved in corrupt practices

13 years ago
2
BFF opens new headquarters and technical centre in Thimphu to boost football development

BFF opens new headquarters and technical centre in Thimphu to boost football development

3 months ago
503
Two sentenced for life for chorten vandalism

Two sentenced for life for chorten vandalism

10 years ago
5

Volunteers unite to help students resume studies post-flood in Dechencholing

10 months ago
14

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (439)
  • Announcement (179)
  • Audience Survey Report (1)
  • Business (759)
  • Crime/Legal (370)
  • Culture (48)
  • Development (57)
  • Disaster (57)
  • Economy (289)
  • Education (419)
  • Entertainment (16)
  • Environment (66)
  • Feature (65)
  • Featured (6)
  • Festival (81)
  • GMC (14)
  • Headlines (5)
  • Health (630)
  • Legal (53)
  • Literature (9)
  • Livestock (76)
  • Media (26)
  • Other Stories (5,687)
  • Politics (419)
  • RCSC (1)
  • Recent stories (6)
  • Religion (45)
  • Sci/Tech (712)
  • Social (548)
  • Sports (456)
  • Technology (191)
  • Tourism (22)
  • Uncategorized (13,868)
  • Video (141)
  • Video Story (257)
  • 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
  • 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
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    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

  • Lead exposure may be contributing to high anaemia levels among children in Bhutan
  • MoIT imposes moratorium on issuance of taxi driving licence
  • Book on temples and monasteries of Trongsa’s Drakteng wins Dzongkha Booker Prize
  • Shumar Cheden Tshephel Detshen becomes self-reliant with own milk processing unit
  • Fire risk from phones at fuel depot low but never non-existent

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
  • Webmail
  • 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.