BUSINESS

His Majesty The King granted Dhar to the newly elected Thrompons of Phuentsholing, Uttar Kumar Rai (L) and Gelephu, Tshering Norbu (R) at Phuentsholing on 14th May 2021.

Many states in India have entered either full or partial lockdowns as the cases and deaths rise. There is also the possibility of a national lockdown in India on the horizon if the numbers there keep getting worse. For Bhutan, West Bengal and Assam which just came out of their …

People working as National Work Force (NWF) workers under Ministry of Works and Human Settlement (MoWHS), popularly known as PWD workers will be given the same preference if they are interested in participating in the Build Bhutan Project (BBP). Though the number of NWFs working along the roadside are very …

The social media is happily buzzing with people expressing their heartfelt gratitude to His Majesty The King for extending the Druk Gyalpo’s Relief Kidu. They are overwhelmed with the sacrifice made my His Majesty in helping the people, and pointed out that such a Kidu must not be misused. The …

Asian development Bank (ADB) forecasts that economic growth in Bhutan will be -3.4% this fiscal year (FY) 2021 from 0.9% in FY 2020 on account of stringent pandemic containment measure, including two prolonged nationwide lockdowns that stifled economic activity across sectors, according to a new report by the ADB. Finance …

Performance Based Variable incentive (PBVI), is part of the pay hike restructuring for State Owned Enterprise (SOE) in 2019, where if an SOEs performance is evaluated as ‘excellent’ the PBVI payout is 50 percent of the basic salary. A performance rated “very good” would amount to a PBVI of 35 …

According to the Department of Agriculture and Marketing Cooperatives under Ministry of Agriculture and Forests, since vegetables are considered essential items, it is expected that its movement as export and import will be allowed even under lockdown situation in the neighboring states of India. The department said that if it …

In 2010 issuing of bar licenses was banned in the country for the wellbeing of the people’s health, however, the policy of banning the bar license was not found effective since the ministry’s study showed no signs of reduction in alcohol consumption. Minister of Economic Affairs, Lyonpo Loknath Sharma said …

The Ministry of Labor and Human Resources (MoLHR) during their Mid-Term Review (MTR) focused on 4 key focus areas, Build Bhutan Project (BBP), TVET reform initiative, National skills development program and skill share. Under BBP, they have engaged 633 job seekers under different level of skills and have skilled 712 …

With less than three months left for the loan deferment to end in 30th June 2021 businesses are already worried about how they could pay their loans on a given schedule while the pandemic still impacts the economy of the country. The Chairman of the Private Sector COVID-19 Task Force …