NEWS AND UPDATES ...
Re-launch of our online e-auction system at Phuentsholing Auction Yard
In a significant development, we are delighted to announce that we have re-launched our online e-auction system at the Phuentsholing Auction Yard recently. Aimed at delivering prompt and efficient auction services to potato growers through an innovative online platform, the Food Corporation of Bhutan Limited (FCBL) in co...
Import ban on non-basmati rice likely to end soon
The supply crunch of non-Basmati rice could ease if the Government of India (GoI) considers the government's request to lift the ban on its export. The government formally wrote to the GoI last week conveying the request. Officials said that the government has asked for approval to import 77,000 metric tonnes (MT) of ...
FCBL turns profitable after 7 years of losses
After losses for seven straight years the Food Corporation of Bhutan Limited (FCBL) has managed to make some profit in its first two quarters or six months. In the last seven years from 2016 to 2022 FCB made a total loss of Nu 153 million. From January to June 2023 FCBL has made a profit of Nu 10.8 mn before tax as agai...
Presentation by Food Corporation of Bhutan Limited
The Members of the National Assembly led by the Hon'ble Speaker attended a presentation on the mandates and operations of the Food Corporation of Bhutan Limited (FCBL). The Opposition Leader was also present. The team is led by Chief Executive Officer Dorji Tashi. The presentation included the primary mandate of the corp...
FCBL inaugurated its new Warehouse-cum-Regional Office
Food Corporation of Bhutan Ltd. (FCBL) recently inaugurated its new Warehouse-cum-Office in Gelephu, which was graced by the Chief Executive Officer and Lam Neten, accompanied by officials from the corporate headquarters in Phuentsholing. The newly constructed facility is equipped with cutting-edge technology and built ...