Monthly Archives: July 2014

SAFTA meet in Bhutan to result in more trade flow

During the 8th SAFTA (South Asia Free Trade Area) Ministerial Council meeting, the SAFTA ministers agreed to set up of the SAARC Development Bank, currency swap arrangement and improving inter-connectivity amongst the SAARC countries on July 24 at Thimphu. There is to be further discussion on this outcome at the …

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Vehicle prices shoot up after after tax revision

With the new vehicle taxation policy that is in effect already, a luxury passenger car now costs upto Nu10 mn and the Indian manufactured passenger cars will cost at least Nu 0.4 mn. The cost of the vehicle will also depend on the current price of the car and the …

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PM meets the Commerce Ministers of SAARC countries

The SAARC Secretary General, Commerce Ministers and Heads of delegation from the SAARC member countries who are attending the Eighth SAFTA Ministerial Council Meeting made a joint call on to Lyonchhen Tshering Tobgay . During the call on which was on 24th July , Lyonchhen and the heads of delegations …

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Transportation fare to increase says RSTA

With the green tax on fuel coming into effect last Thursday, the Road Safety and Transport Authority (RSTA) said that the transportation fare is likely to increase. The Director General of RSTA, Lham Dorji, talking about a hike in bus and taxi fares, said, “We haave already done a bus …

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