BUSINESS

Member of Parliament (MP) of the Bartsham-Shongphu constituency, Passang Dorji, asked the Minister of Economic Affairs, Loknath Sharma, on the government’s specific strategies to develop the private sector. “The GDP contribution of the private sector to the economy is only about 40 percent, but on the other hand, in order …

Almost all grocery shops in Thimphu have seen a higher maximum retail price (MRP) of imported commodities, especially those imported from India and Thailand due to the hike in fuel prices and the consequent inflation. Most wholesalers in Thimphu are selling the commodities at 5-10 percent increase in the MRP …

According to the National Plant Protection Center (NPPC), Ministry of Agriculture and Forests, armyworm outbreaks in Bhutan occur sporadically, especially in crops such as paddy and maize. The seasonal factors also play a role in their outbreak. Deputy Chief Plant Protection Officer, Kiran Mahat (PhD), said that with the onset of …

According to the Minister of Economic Affairs Loknath Sharma, all restaurants (both new and existing ones) will be allowed to sell alcoholic drinks, and function both as a bar and a restaurant tentatively with effect from 1 June 2022. The Lyonpo said, “After so many debates and deliberations, I am …

As per the Department of Information Technology and Telecom (DITT) under Ministry of Information and Communications (MoIC), in collaboration with the Department of Civil Registration and Census (DCRC), Ministry of Home and Culture Affairs (MoHCA) and the De-Suung Office, the project has collected biometric data from 219,396 individuals as of 29 …

As fuel prices go through the roof also pushing up the cost of goods, the Department of Trade is expected to make a presentation to the Prime Minister and Foreign Minister to reduce the fuel price from India. The presentation will give a basic background of the discussions so far …

The government promised to set up the Sungjoen App and provide free WiFi to all citizens within the first 120 days of its governance. However, this didn’t take place, and people are still wondering about the pledges. According to the Information and Communication Minister Karma Donnen Wangdi, the ministry is …

According to General Secretary of Association of Bhutanese Industries, it is just the ferrosilicon industry that is doing well. “As you might be aware, the rates for the ferrosilicon are very good in the market, so only the ferrosilicon business is going well. Rest of the industries are still trying …

Meanwhile Poultry farmers are unhappy as the egg prices have come down According to the 2021 Livestock Census of Bhutan by National Statistic Bureau, egg production saw a 21% drop in 2021 with total egg production at 133 million eggs. Egg production and the poultry population have generally seen an …

During the 2-day visit of the India’s External Affairs Minister Dr S Jaishankar to Bhutan on 29 April, it was verbally conveyed to Foreign Minister Dr Tandi Dorji the Government of India (GoI) has agreed to provide Bhutan with the Third Internet Gateway at the tariff asked by Bhutan. Lyonpo …