Editorial

Time for small business

The biggest weakness in Bhutan’s private sector is not so much the absence of big players as the weakness of its small and medium enterprises (SMEs). A lot of the economic woes of Bhutan can be traced back to the weakness of this sector. In any country across the world …

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The need for a critical culture

The Royal Monetary Authority (RMA) floated some draft guidelines on opening up of home, car and consumer loans for public feedback on its website recently. This paper not only covered a story highlighting those guidelines, but also praised RMA for seeking public consultation on an important issue. However, when the …

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Lessons from the Great Fourth

As His Majesty the Fourth King Jigme Singye Wang-chuck is one birthday away from a diamond jubilee next year and as the nation is deal¬ing with a host of issues, it would be a good time for the nation’s politicians to learn some vital lessons from Bhu¬tan’s greatest modern leader. …

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Learning through mistakes

Though economic decisions are never popular in any country, but what can make it palatable is good communication that point out the benefits of such decisions, both in the short term and the long term. The government came up with a controversial Tax Bill in response to the depressed economy, …

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Learning through mistakes

Tough economic decisions are never popular in any country, but what can make it palatable is good communication that point out the benefits of such decisions, both in the short term and the long term. The government came up with a controversial Tax Bill in response to the depressed economy, …

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Opening loans is a good idea

The Royal Monetary Authority’s (RMA) initiative towards a possible opening of home, car and consumer loans is welcome initiative. Their first step of consulting mem¬bers of the public on the draft guide-lines and measures is also a welcome step as it allows the public to share their thoughts, and it …

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Keeping an eye on the ball

The emergence of the rupee crisis and the consequent credit crunch from 2012 onwards highlighted the biggest and most immediate challenge facing Bhutan – its economy. The main agenda of the 2013 elections was the state of the economy and the party that came into power, PDP, promised to take …

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Strengthening Bhutan’s democratic culture

The generous entitlements and hikes that Parliamentarians heaped on themselves have provoked much discussion and debate in various forums. One of the main discussion points is the apparent frustration felt by voters – who feel that their role in the democratic process is relevant only once every five years when …

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Taxing times

Much has been said about the civil service pay hike which included the huge pay hike for politicians. There has been understandable public outrage given the potent symbolism of such a move in the economically tough times made worse by a complicated hike that many still don’t understand. The only …

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Why Modi is welcome in Bhutan

When the Indian Prime Minister Narendra Modi’s airplane lands in Paro on Sunday, the new Indian Prime Minister will be stepping on the soil of the only country in the SAARC region that does not hold any anti-India politics and where there is the genuine warmth towards India from both …

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