BUSINESS

PM’s Report on ‘State of the Tsa-Wa-Sum’

The BSC workshop which concluded yesterday

The PM’s first “State of the Nation” report highlighted importance of the King, country and the people The Prime Minister Tshering Tobgay presented the report on the state of the Tsa-Wa-Sum to the joint sitting of the Parliament as per article 10 (10) of the Constitution on September 30. In …

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“Tourism and Water: Protecting our Common Future”

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The Tourism Council of Bhutan (TCB) marked the World Tourism Day (WTD) with a series of events in Punakha yesterday. As a part of the celebrations, message of the Secretary General of United Nation World Tourism Organization (UNWTO), Taleb Rifai was delivered by the Director of TCB, Chhimmy Pem. The …

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BoBL to launch corporate cards

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In addition to the various existing debit and credit cards, the Bank of Bhutan Limited (BoBL) will soon launch the VISA corporate credit card (domestic and international). The VISA corporate credit card is expected to facilitate the corporate fund management and also help make cash less transactions. The corporate credit …

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Annual Budget Report presentation draws discussions on PDP Pledges

The National Budget report presented by Finance Minister Namgay Dorji for the fiscal year 2013-2014 to the National Assembly (NA) sparked discussions on the pledges made by the present government with Opposition members expressing doubts over the issue. Opposition MP Dorji Wangdi said the former government’s debt was discussed at …

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Mainstreaming Environment, Climate Change and Poverty

The environment, climate change and poverty (ECP) issues have long been addressed and awarded the gravity of urgency it deserves, and now there is an integrated approach that will mainstream the ECP Mainstreaming (ECPM) initiative in the 11th Five Year Plan (FYP) guidelines. In order to make ECPM more pragmatic …

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DHI companies adopt ‘Balanced Scorecard’

The BSC workshop which concluded yesterday

Training on the implementation of this management tool was attended by key officials One of the strategic and performance management tool used by many successful companies across the world, “Balance Scorecard” (BSC) is being introduced for the first time in Bhutan by DHI (Druk Holding and Investments). DHI also organized …

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Joint trade committee to be established

Delegations of the two countries at the bilateral trade agreement meet

One of the main features of the Bhutan-Thailand bilateral trade agreement is to establish a joint trade committee that will be co-chaired by the commerce minister of the Government of the Kingdom of Thailand and the economic affairs minister of the Royal Government of Bhutan. This was discussed during the …

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A much better half for BOBL

The bank’s half yearly performance in terms of net profit have increased by 8.78% Despite a poor economic situation, the half yearly performance of Bank of Bhutan Limited (BoBL), the country’s largest commercial bank saw a significant progress this year as compared to the previous year. BoBL’s total deposits for …

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Setbacks of PHPA-I delay to be known by the end of next month

Bhutan could lose billions in revenue due to the geological blow for ‘setbacks are definite’ The precise time period of the delay and additional costs caused by the sinking of the right slope situated above the Punatsangchu Hydroelectric Project (PHPA) –I dam site will be known after September 19 when …

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Animation program “Ro-Ngoedrup-Chen” launched

To familiarize the Bhutanese children with local folktales, legends and mythology, the information and communication ministry’s (MoIC) Information and Media department (DoIM) launched an animation program titled “Ro-Ngoedrup-chen” on August 22 at the ministry’s conference hall. Most Bhutanese children are into foreign folktales by way of access to foreign television …

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