BUSINESS

New WB Country Director applauds Bhutan

“I don’t see a country that’s totally reliant on single natural resource, I see a country that has taken very appropriate advantage of its natural resources in a sustainable way,” the new World Bank (WB) country director (CD) for Bhutan and Afghanistan, Robert J. Saum said in an exclusive interview …

Read More »

Significant progress made by the agriculture ministry

The Ministry of Agriculture and Forests has made significant progress in its various sectors and programs. The PM’s state of the nation report shows that the overall cereal basket is currently 71% with the total estimated production of all cereals at 143,851 MT, therefore, the target of the 10FYP of …

Read More »

Unemployment down beyond set-target, PM

Youth unemployment rate has declined from 9.3% to 7.3% this year according to the Labor Force Survey Report of 2012. The PM in his state-of-the-nation report credited it to good policies, good governance and sustained growth. It was found that jobseekers aspire d to take up white collar jobs and …

Read More »

Meeting for hydropower joint-venture a success

In a meeting held on last week with an Indian delegation, Chamkhar Chu, Kholong Chu, Bunakha and Wang Chu projects were accepted by the Indian delegation to be included under the joint venture project. The Bhutanese delegation was lead by the secretary of the economic affairs, Sonam Tshering for to …

Read More »

RICB puts-up more insurance offerings

The Royal Insurance Corporation of Bhutan (RICBL) is offering additional designed products with complete coverage terms and conditions, including benefits designed to insure its customers. RICBL currently has about 30 schemes and services. With an array of attractive products in its kitty, the RICBL believes their new products will cover …

Read More »

Showroom employees pray for more customers

Most employees in vehicle showrooms have been in fear since the Rupee crunch that their jobs are treading the thin line. With sales still stagnated due to the  wait for a confirmed status on the revised vehicle taxes, and the customers put-on wait for banks to lift the suspension on …

Read More »