BUSINESS

The Tourism Council of Bhutan (TCB) marked the World Tourism Day (WTD) with a series of events in Punakha yesterday. As a part of the celebrations, message of the Secretary General of United Nation World Tourism Organization (UNWTO), Taleb Rifai was delivered by the Director of TCB, Chhimmy Pem. The …

In addition to the various existing debit and credit cards, the Bank of Bhutan Limited (BoBL) will soon launch the VISA corporate credit card (domestic and international). The VISA corporate credit card is expected to facilitate the corporate fund management and also help make cash less transactions. The corporate credit …

The National Budget report presented by Finance Minister Namgay Dorji for the fiscal year 2013-2014 to the National Assembly (NA) sparked discussions on the pledges made by the present government with Opposition members expressing doubts over the issue. Opposition MP Dorji Wangdi said the former government’s debt was discussed at …

The environment, climate change and poverty (ECP) issues have long been addressed and awarded the gravity of urgency it deserves, and now there is an integrated approach that will mainstream the ECP Mainstreaming (ECPM) initiative in the 11th Five Year Plan (FYP) guidelines. In order to make ECPM more pragmatic …

Training on the implementation of this management tool was attended by key officials One of the strategic and performance management tool used by many successful companies across the world, “Balance Scorecard” (BSC) is being introduced for the first time in Bhutan by DHI (Druk Holding and Investments). DHI also organized …

One of the main features of the Bhutan-Thailand bilateral trade agreement is to establish a joint trade committee that will be co-chaired by the commerce minister of the Government of the Kingdom of Thailand and the economic affairs minister of the Royal Government of Bhutan. This was discussed during the …

The bank’s half yearly performance in terms of net profit have increased by 8.78% Despite a poor economic situation, the half yearly performance of Bank of Bhutan Limited (BoBL), the country’s largest commercial bank saw a significant progress this year as compared to the previous year. BoBL’s total deposits for …

Bhutan could lose billions in revenue due to the geological blow for ‘setbacks are definite’ The precise time period of the delay and additional costs caused by the sinking of the right slope situated above the Punatsangchu Hydroelectric Project (PHPA) –I dam site will be known after September 19 when …

To familiarize the Bhutanese children with local folktales, legends and mythology, the information and communication ministry’s (MoIC) Information and Media department (DoIM) launched an animation program titled “Ro-Ngoedrup-chen” on August 22 at the ministry’s conference hall. Most Bhutanese children are into foreign folktales by way of access to foreign television …

Commotions and rush for LPG cylinders at the Tashi Commercial Corporation (TCC) LPG depot have finally subsided after more than 20 days. TCC’s station manager, Karma Thinley said, “We are back to normal business after 22 days. Just a few days ago, people used to come at 3 am in …