Asset Publisher

Announcements

Announcements and Tenders 08 August 2020 Selection Announcement, Manager, Procurement, CSD 31...

Announcement BizAP 2020 - Final Presentation

Announcement: Business Acceleration Fund Open-Window (Final Presentation) Druk Holding and Investments Limited is pleased to announce the following shortlisted candidates for the final...

Department of Investment Members

Department Of Investment Mr. Chencho T. Namgay Director Direct line:02337530 Extension: 106 Mr....

DHI Business Acceleration Fund: Covid-19 Phase II Relief Measures

DHI Business Acceleration Fund: Covid-19 Phase II Relief Measures In continuation to Druk Gyalpo's Relief Kidu, and along the lines of the measures of the Royal Government Comprehensive...

Website

Ref. No.: DHI/Proc-05/2020/434                                             ...

Member CSD

Corperate Services Division Mr. Sonam Lhundup Associate Director Extension: 112 Human Resource and...

Asset Publisher

Announcements

Announcements and Tenders 08 August 2020 Selection Announcement, Manager, Procurement, CSD 31...

Announcement BizAP 2020 - Final Presentation

Announcement: Business Acceleration Fund Open-Window (Final Presentation) Druk Holding and Investments Limited is pleased to announce the following shortlisted candidates for the final...

Department of Investment Members

Department Of Investment Mr. Chencho T. Namgay Director Direct line:02337530 Extension: 106 Mr....

DHI Business Acceleration Fund: Covid-19 Phase II Relief Measures

DHI Business Acceleration Fund: Covid-19 Phase II Relief Measures In continuation to Druk Gyalpo's Relief Kidu, and along the lines of the measures of the Royal Government Comprehensive...

Website

Ref. No.: DHI/Proc-05/2020/434                                             ...

Member CSD

Corperate Services Division Mr. Sonam Lhundup Associate Director Extension: 112 Human Resource and...

Asset Publisher

« Back

Bizap announcement 1

ANNOUNCEMENT

Druk Holding and Investments Limited (DHI)

In line with His Majesty the King's Royal address to the Nation on 10 April 2020, the subsequent monetary relief measures issued by the Royal Government of Bhutan and the Royal Monetary Authority of Bhutan (RMA) in response to COVID-19, DHI is hereby providing the following relief measures for the DHI Business Acceleration Fund recipients/ entrepreneurs:

1) Deferment of fund repayment

  • The deferment of fund (principal and administration fee) repayment shall be provided for a period of three months (April to June 2020) to all the entrepreneurs/recipients that have received financing from the DHI Business Acceleration Fund.
  • If repayments are made by Entrepreneurs during the deferment period, the entire amount will go towards reduction of the financing amount.

2) No penalty/late fee shall be charged during the deferment period (April to June 2020).

3) Waiver of Administration Fee: No administration fee shall be charged during the deferment period (April to June 2020).

The waiver and deferrals are being considered only for DHI BizAP Cohort 1 fund recipients at the moment as the repayment starts by the end of April 2020. DHI BizAP Cohort 2 and 3 fund recipients are presently in the gestation period.

For more information and clarification, please write to dhibizap@dhi.bt.