BUSINESS

Bhutan and India signs US$100 mn currency swap agreement 

The Reserve Bank of India (RBI) signed the first Currency Swap Agreement with the Royal Monetary Authority (RMA) of Bhutan for up to USD 100mn to further economic co-operation between the two countries, yesterday in New Delhi, India. RMA can make withdrawals of US Dollar, Euro or Indian Rupee in …

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International Women’s Day celebration at Punakha

As was done internationally across the globe on 8 March, the International Women’s Day was also celebrated in Bhutan as well in Ugyen Academy, Punakha. The world celebrates International Women’s Day to reflect on the progress made toward gender equality, it is also a day to celebrate the achievements that …

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BCCI President visits Dzongkhags to empower small businesses

The chamber’s newly elected President Ugen Tshechup is visiting Dzongkhags to create awareness among the business people about services that Bhutan Chamber of Commerce and Industry (BCCI) could deliver. Being the President of BCCI, he said that the main purpose of the tour was to meet the business community and …

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Glulam, a possible solution to the timber shortage

The acute shortage of timber in the country has been around for a long time. But the the timber shortage at least to some extent may be relieved. This is because the Forest Resource Management Division (FRMD) of the Department of Forests and Park Services (DoFPS), in collaboration with Häring …

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Winter vegetables lack freshness and variety

In the wake of rupee crisis, curbing imported vegetables was seen as one of the means to address the problem. However, marketing local vegetables is proving to be challenging. To implement the Plan for Accelerating Vegetable Production and Marketing in 2012, farmers were given incentives to cultivate vegetable especially focusing …

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EIA report for Wangchhu hydroproject disappoints

Bhutanese officials from the National Environment Commission (NEC), Gross National Happiness Commission (GNHC), Department of Energy (DoE), Livestock, and Forestry among others expressed dissatisfaction over the Environmental Impact Assessment (EIA) report presented by SJVNL (Satluj jal Vidyut Nigam Ltd) for the 570 MW Wangchhu hydropower project during a meeting in …

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The institute of management for job seekers

The Bright Life Institute of Management a well known training center in Thimphu is opening up new admissions for the job seekers who at first will have to undergo the training for commercial accounting at the national level. The institute was established on 9 April in the year 2009 under …

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Plan talks to be held in Delhi today and tomorrow

A press release issued by the Foreign Minister said that plan talks between the Royal Government of Bhutan and the Government of India will be held in New Delhi on 27 and 28 February 2013. The Bhutanese delegation will be led by Mr. Yeshey Dorji, Foreign Secretary and will include …

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Cherries to Bhutan–Japan friendship

As a gesture, and to honor the unstinted bond and friendship the people of Bhutan and Japan share, the visiting delegates from Japan led by Mayor of Miharu Town, Fukushima prefecture who is in the country, will carry out a ceremonial plantation Taki-Sakura cherry trees. Ten saplings of cherry blossom …

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