Bhutan
Bhutan strengthens relations with India through payment co-ordination
New proposals will limit the number of tourists having to bring cash into the countries
Royal Monetary Authority of Bhutan: Ann Rep 06-07
2006 saw the signing of an agreement between India and Bhutan, which facilitates the flow of funds and manpower resources from India for the construction of hydropower projects in the kingdom.
Royal Monetary Authority of Bhutan - Ann Rep 05-06
According to the Royal Monetary Authority of Bhutan's Annual Report 2005-2006, the growth of the Bhutanese economy slowed marginally during 2005 mainly due to decline in construction activities.
ACU calls for new members
The Asian Clearing Union (ACU) concluded its two-day technical committee meeting Wednesday 19 July calling for the admission of countries beyond the ESCAP Asia/Pacific region.
ACU to discuss payment systems efficiency
Members of the Asian Clearing Union (ACU) will meet in Dhaka this week to discuss ways to make their payment systems easier to use to boost trade, a Bangladesh central bank official told Reuters.
Royal Monetary Authority of Bhutan - Ann Rep 04-05
According to the Royal Monetary Authority of Bhutan's Annual Report 2004-2005, the Bhutanese economy recorded a strong real growth during 2004 mainly due to impressive contribution from the construction sector.
Bhutan to launch automated teller machines
The Bhutan National Bank, a commercial bank, will start operating an ATM facility from March this year. Software problems had delayed the introduction of the machines but these have now been solved.