BUSINESS

Govt plans to address citrus greening and target production of 68,000 metric tons of oranges in the 12th plan

During the question hour session on Tuesday, member from Lhamoi Zingkha-Tashiding constituency questioned the agriculture minister on the plans and programs to address citrus greening disease affecting the farmers. In response, the agriculture minister, lyonpo Yeshey Penjore said, “About 39 percent of the rural households are engaged in citrus production …

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Modest growth of 5.1 percent projected for 12th plan

According to the current assessment of the baseline growth forecast, modest growth of 5.4 percent in the medium term and 5.1 percent on an average for the 12th FYP has been projected. Slowdown in growth is projected mainly on account of shifting of commercial operation date of Punatsangchu- I and …

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Capital budget for Jan-Jun 2019 at 11 bn

The finance minister, Lyonpo Namgay Tshering presented the national budget for the financial year 2018-2019 during the ongoing parliament session on Friday. A total budget appropriation for FY 2018-19 has been estimated at Nu 47bn which includes budget of Nu 36 bn passed during the 11th session of the second …

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His Majesty offers prayers at Shiva Mandir

His Majesty The King offered prayers at the Samtse Shivalaya Mandir on the morning of 20th December. A prayer ceremony was held at the Mandir leading up to the National Day Celebrations, for the successful conclusion of events, and for the well-being of the country and people. His Majesty was …

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Enabling Intellectual Property (IP) to Strengthen Business Competitiveness

The Department of Intellectual Property (DoIP) in collaboration with the World Intellectual Property Organized (WIPO) organized a one-day workshop on Enabling Intellectual Property Environment to Strengthen Business Competitiveness through Brands and Designs Project on December 10, 2018 at Hotel Migmar, Thimphu. About 22 participants from various public and private sector …

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GDP down to 4.63% in 2017 : NSB

According to the National Accounts Statistics 2018, released by the National Statistics Bureau, Bhutan’s economic growth plummeted by 3.39 percent last year with a total growth at 4.63 percent in 2017. The fall in the growth rate is attributed to a reduction in the generation of revenue by major sectors, …

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