BUSINESS

Bhutan’s fuel consumption grew by 10% in 2017: NSB

According to the latest records published by the National Statistics Bureau (NSB), import of diesel grew by 10 percent in 2017, compared to 4 percent increase in 2016.  Import on petrol also increased by 8 percent as compared to 6 percent in 2016. Bhutan’s diesel import accounts for 78 percent …

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38 SOEs central to domestic revenue and government job creation

12 new SOEs had been established in the 11th plan State Owned Enterprises plays strategic roles in providing infrastructure and ensuring efficient public services and constitutes a major part of the economy. The SOEs in Bhutan are categorized into two groups- socially-oriented and commercially-oriented SOES. In the 11th FYP, the …

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New inclusive fiscal policy in line: Finance Minister

The new finance minister of Bhutan, Lyonpo Namgay Tshering, said that his top priority is tointroduce inclusive fiscal policies to gain self-sufficiency. “We plan to come up with inclusive fiscal policies with wide consultation with the public. As envisioned by His Majesty The King, we will be working towards promoting …

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Affordable housing for the the lower income group

DNT’s Manifesto says, solving the housing crisis in Phuentsholing and other urban areas will be the first priority of the government.A high-level committee will be established within six months of the government’s formation to submit a detailed report and plan to provide 100 per cent solution to the housing crisis …

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Meet the new Speaker and Deputy Speaker

Druk Nyamrup Tshogpa (DNT) and Druk Phuensum Tshogpa (DPT) met in theNational Assembly on Wednesday to elect the Speaker and Deputy Speaker. There were nominations for the posts from both the parties. Wangchuk Namgyel, 55, Nyisho-Sephu constituency in Wangduephodrang was elected as the Speaker after securing a total of 30 …

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A look at DNT’s Economy pledges

With success of every sector hinging on a sound economy, DNT has pledged to create a vibrant economy and a fairer society with decent livelihood opportunities for everyone irrespective of family backgrounds. DNT plans to develop a new vision and economic plan for the country, called Bhutan: Vision 2045 in …

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DPT sweeps Trashiyangtse and Pemagatshel

DPT swept all the five constituencies from two eastern Dzongkhags, Trashiyangtse and Pemagatshel despite an active campaign by the DNT president in the 6 eastern Dzongkhags. Trashiyangtse From Khamdang_Ramjar constituency under Trashiyangtse Dzongkhag, DPT candidate Kuenga Loday secured 3602 votes (EVM: 1869 and PB: 1733) while his opponent Karma Gyeltshen …

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