Minjur Dorji

BCCI President finds business issues and solutions in Dzongkhags

Bhutan Chamber of Commerce and Industry (BCCI) president Ugen Tshechup Dorji during his five Dzongkhags tour shared his agenda for the country’s private sector and took note of grievances expressed by various business communities. For the first time in its history BCCI office bearers are visiting every business community across …

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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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NC’s mining report criticizes government mismanagement

The report also advised that issuances of mining licenses be frozen till issues are resolved The National Council (NC) in its comprehensive mining report says existing mines and quarries are not regulated and managed to optimize equitable public socio-economic benefits and also lack environmental soundness. This was one of the …

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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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RMA Governor assures all is well again

The royal monetary authority (RMA) governor assured that the domestic financial system is safe, sound and resilient and in a comfortable position to meet their obligations despite the liquidity crisis in the country. This assurance comes at a time when the country is faced with the Indian Rupee (INR) shortfall …

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