BUSINESS

The meat supply problem is adding to the financial woes of many restaurants grappling with losses. This has driven up the cost of meat, and the price of meat dishes served in the restaurants. However, restaurant sales are also beginning to improve as the government has allowed the import of …

In the Phase II of the Druk Gyalpo’s Relief Kidu that started on 7 July, a total of 16,792 have applied for Kidu till date. Of the total, 14,705 are those who have reapplied and 2,086 are new applicants. For now, the verification for the Phase II is under process. …

There is a dearth of skilled workers in the construction industry. Most construction sites require the expertise of skilled workers to carry out the works with precision. According to the President of the Construction Association of Bhutan (CAB), Tshering Yonten, there are job slots for around 450 Bhutanese skilled workers, …

Cabbages bought at Nu 19 per Kg from farmers and sold at Nu 5.5 per Kg According to the Chief Executive Officer (CEO) of Food Corporation of Bhutan (FCB) Limited, Naiten Wangchuk, the COVID-19 pandemic is severely affecting the export business. “Export is becoming difficult in the course of COVID-19. …

Thimphu Thrompon Kinlay Dorjee said that one of the main reasons why there is overflowing of drains is because of the waste being dumped in the drains. “People without even getting permission or asking anyone fit their pipe along the drain and the waste gets stuck around the pipe and …

As the country focuses on producing local vegetables amid COVID-19, the vegetables vendors at the Centenary Farmers’ Market (CFM) stated that their business has gone down due to absence of foreign labourers, people ordering the vegetables and fruits online and excess production. Dechen Dema, 38, said that most of her …

To address the unemployment issue in the country and to substitute for foreign laborers, the Build Bhutan Project (BBP) with a total budget outlay of Nu 1.040 bn was launched. The project intends to to mobilize, create and manage a pool of skilled workforce to meet the requirements in the …

A senior government official said that there is misunderstanding on the National Assembly not accepting the National Council recommendation to continue allocating mines (new mines and those mines whose leases expires) to SMCL till the process of amending the mines and minerals management Act is completed. He said, “The suggested …

Over production of local farm produce should not be an issue: Agriculture Minister Agriculture Minister Yeshey Penjor said FCBL is to implement the Buyback Scheme for farm produce and so the government has provided them with the overdraft (OD) facility. The OD from the bank is to ensure that the …

Economic Affairs Minister Lok Nath Sharma yesterday said that the relief measures provided to the small, cottage and medium and large companies in the form of working capital loans have so far ensured the production and operation for industries within Bhutan. He stated that the recommendation towards Financial Institutions and …