Very detailed observations and analysis la. I would like to offer a few corrections as a local participant in the Bhutanese financial market.
1. We do have a credit rating agency (called CIB at https://www.cib.bt/). However, their information is only ingested by the banks to check if any clients have loans with other banks and, if so, whether the loans have been serviced properly.
2 . 'Due to Bank and Financial Institutions' are usually borrowings from other banks and not the central bank.
I think your observations regarding the Bhutanese equity market is fair. However, if you are looking for a profitable place to invest in Bhutan, you will see that tourism is an up-and-coming industry and I am putting my bets on it by starting a small travel boutique at www.bestofbhutan.com
Other avenues you may want to look at is the future city at Gelephu which is supposed to be a SEZ where foreign investment is thought to pour in by billions of dollar over the next few decades.
Very detailed observations and analysis la. I would like to offer a few corrections as a local participant in the Bhutanese financial market.
1. We do have a credit rating agency (called CIB at https://www.cib.bt/). However, their information is only ingested by the banks to check if any clients have loans with other banks and, if so, whether the loans have been serviced properly.
2 . 'Due to Bank and Financial Institutions' are usually borrowings from other banks and not the central bank.
I think your observations regarding the Bhutanese equity market is fair. However, if you are looking for a profitable place to invest in Bhutan, you will see that tourism is an up-and-coming industry and I am putting my bets on it by starting a small travel boutique at www.bestofbhutan.com
Other avenues you may want to look at is the future city at Gelephu which is supposed to be a SEZ where foreign investment is thought to pour in by billions of dollar over the next few decades.
So is it possible for foreigners to invest in stocks in Bhutan or not?
I learnt a lot from this article. Thank you, Derek.
Loved this exploration, thank you!