State Trading Corporation of Bhutan Limited was established in 1968 by the Royal Government of Bhutan (RGoB), under the administrative control of the Ministry of Trade and Industry. The corporation was primarily established to assist various government departments to procure essential commodities from India and few special commodities abroad. Being well established and a formidable organization, on April 1984, STCBL was declared an autonomous body.
STCBL was registered as a limited company under the Companies Act of the Kingdom of Bhutan from March 5, 1996. The Royal government of Bhutan holds 51% of share. Whereas to enable public participation in the activities of the Corporation, the government in 1997 floated 49% of its shares in the open market. Today STCBL is the only state owned enterprise into trading and a subsidiary company of the Druk Holding and Investments (DHI).
The annual turnover in 2018 is Nu. 2,366.19 million. The company is overseen by a Board of Directors whose members are a mix of private and public sector professionals.
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