BUSINESS

OGOP exhibition in Thailand

On the invitation from the Thailand International Cooperation Agency, the One Gewog One Product Project (OGOP) participated in the Thai OTOP (One Tambon One Product) Fair. The 8 Days Fair started on 17th December 2017 and concluded on 25th December 2017. A group of 6 farmers and local producers participated …

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The Second Phase of IT Park construction is underway

With commercial space at the Thimphu TechPark fully leased out to eight FDI companies that employ around 745 Bhutanese youths the government has started construction of the second phase of IT Park. The new building, which will consists of a total built-up area of about 2000 square metres, is expected to cost …

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Final session of the NC

The closing ceremony of the 20th session of the National Council (NC) was graced by the Prime Minister, Speaker and Gyalpoi Zimpon on December 7. The Chairperson Thrizin Dasho Dr. Sonam Kinga in an emotional closing address reminded the members three valuable points commanded by His Majesty the King at …

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NA approves establishing stabilization fund

The National Assembly had approved establishing a stabilisation fund to insulate the domestic economy from economic shocks. The government will pump in Nu 100 mn as seed money to start the fund. The fund will maintain macroeconomic stability by sterilizing lumpy inflows from electricity exports and convertible currency related flows …

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Her Majesty graces the launch of Bhutan for Life

Coinciding with the Birth Anniversary of His Majesty the Fourth Druk Gyalpo, Her Majesty The Gyaltsuen formally launched the “Bhutan for Life” initiative. Bhutan for Life, a joint initiative of the Royal Government of Bhutan and the World Wildlife Fund (WWF), is a strategic and long-term solution to ensure that …

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High Level Advocacy tour in Punakha, Wangdue and Gasa

The western districts of Punakha, Wangduephodrang and Gasa will be the focus of a high-level advocacy tour by Her Majesty Gyalyum Ashi Sangay Choden Wangchuck from 12th to 22nd of November. The ten day tour will create awareness on public health and social issues such as HIV/AIDS and STDs, suicide …

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Inflation drops to 4.91 percent in September

Inflation is at 4.91 percent in September. This was 0.43 percentage points lower than inflation in August, which stood at 5.34 percent. As per the consumer price index (CPI) published by the National Statistics Bureau (NSB), the prices of food increased by 6.53 percent and non-food commodities by almost by …

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