BUSINESS

In July 2020 as part of the monetary measures for COVID-19 the RMA announced Short Terms loans or bridging loans to businesses by banks at a 5% interest rate to pay for wages and salaries to employees, overhead expenses like rents, utility bills, lease, insurance premiums and procurement and purchase …

A few weeks ago, the Government of India (GoI) decided to allow the import of seven vegetables including cabbage from Bhutan. There was an over supply of cabbages last year, and the government bore Nu 24 million in losses when buying back cabbages from the farmers. This year too, the …

The first Olympic games that Bhutan participated in was in 1984 with 6 participants; 3 females and 3 males, in archery only. Later Bhutan also participated in shooting in the Olympics held in London, UK in 2012 followed by the Olympics in Rio, Brazil in 2016. Bhutan was participating in …

The country’s three cold storages, worth Nu 127 million, were intended to be finished by the end of August this year, but the project is set to be delayed. According to the Chief Executive Officer (CEO) of Food Corporation and Bhutan Limited (FCBL), Naiten Wangchuk, the two cold storage facilities …

The Finance Minister while answering a question in the National Council in the recent Parliament session said that Bhutan had incurred a revenue loss of Nu 1.3 bn in 2020 due to the downing of Unit-3 turbine and it would incur another Nu 1.8 bn loss in 2021 if the …

 His Royal Highness Prince Jigyel Ugyen Wangchuck, the President of the Bhutan Olympic Committee and member of the International Olympic Committee, granted an audience to the athletes, coaches and officials representing Bhutan at the Tokyo Olympic and Paralympic Games, on 8th July. “This is a historic sporting moment for Bhutan, …

Responding to the question on lifting the ban on tobacco, asked during the virtual meet-the-press, Lyonchhen Dasho (Dr) Lotay Tshering stated that the ban on tobacco has not yet been lifted, but it is being put through the due process. “The Parliament, consists of the Upper House, Lower House and …

Vaccination for children may roll out from July if vaccines come in time The country is struggling with the COVID-19 pandemic, with the newer mutation of the novel coronavirus continuing to outsmart efforts to control its spread. Children in the country are contracting the infection more now than in the …

With an increasing number COVID-19 cases spread through community transmission, JDWNRH hospital has changed their testing method from Antigen to RT-PCR testing so as to ensure zero transmission in the hospital. Patient who need to be admitted along with their attendants are tested for COVID-19 before allowing them inside the …

The Mines and Minerals Bill of Bhutan 2020 was deferred by the Speaker after the Chairperson of the Joint Committee for the Bill, MP Kinley Wangchuk recommended that the Mines and Minerals Bill of Bhutan 2020 be deferred in the Joint Sitting. The Chairperson submitted that despite holding meetings for …