BUSINESS

RMA explains how growth hit 2.1 percent in 2013

Bhutan’s Gross Domestic Product (GDP) saw its lowest growth rate in 2013, at 2.1 percent, reports the Royal Monetary Authority’s Annual Report 2013-2014 which goes into depth on the issue. In 2012, the GDP growth recorded at 5.1 percent and the highest growth recorded in 2007 at 17.9 percent. The …

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Khenadang- A new life, an extraordinary Kidu

His Majesty the King’s untiring and visionary work to better the lives of the people, and empower them to build a life of peace, prosperity and dignity is exemplified in the story of Khenadang. On the auspicious occasion of His Majesty’s birthday, we tell this story in tribute to our …

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His Majesty in Sarpang

His Majesty The King visited Sarpang Town, where 81 shops and huts were damaged in a fire on Sunday, and met with the people. His Majesty also granted a separate Audience to the heads of the affected families. His Majesty commended the government, armed forces, BIFA and Desuups for wholeheartedly …

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PM meets with Wood Based Industries Association to hear woes

The representatives of the Wood Based Industries Association (WBIA), in their first meeting with the Prime Minister, held in the capital on January 26, discussed issues such as the establishment of a sawmill by the Natural Resources Development Corporation Limited (NRDCL) and retail outlet, Wood Craft Centre under DHI and …

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2,999 vacancies created and 986 youthemployed under GEP

As per the latest report published on the status of Direct Employment Scheme (DES) under the Guarantee Employment Program (GEP) of Ministry of Labour and Human Resources, as of 1 July 2014 till 31 December 2014 2,999 vacancies were announced. That is nearly 3000 vacancies but only 986 youth have …

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Bhutan’s energy exports drops by Nu 1bn

Bhutan’s energy export dropped by Nu 1bn while the import value increased by nearly Nu 100mn, as per the Department of Hydropower and Power Systems, Ministry of Economic Affairs. One of the four hydro-projects, Chukha hydro-project with a generation capacity of 336MW, mostly exported power to West Bengal, Bihar, Jharkhand, …

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