BUSINESS

Bhutan’s Financial Institutions have lent out Nu 130.519 bn till July 2019 which is on the back of unprecedented credit growth in the last few years. By comparison in July 2013 the total credit was only Nu 58.117 bn. However, a slowdown is in effect with FI’s either turning away …

The Board of the Druk Holding and Investments will a meeting in the first week of December to decide the pay and allowances of the 7,725 DHI staff working in 14 DHI companies including DHI itself. The expected outcome of the pay hike is that it will maintain the 15 …

As per the report from Communicable Disease Division (CDD), Ministry of Health (MoH), a total of 4,300 dengue positive cases in the nation was reported as of 15 November. A dengue outbreak was declared in Phuentsholing, Chukha in July 2019. Dengue cases were reported from 19 dzongkhags. Lhuentse was only …

A first of its kind Accelerating Innovation in Bhutan workshop was held in the country to sensitize government counterpart and key stakeholders on innovation, trends in public sector innovation. Head of the Regional Innovation Centre (RIC) at UNDP Asia Pacific, Giulio Quaggiotto, was the facilitator. The participants were taught the …

The government’s one year in office publication  – ‘ One year in Office: Laying foundation for the Change’ highlighted some key economic achievements for its first year in office. The Mangdechhu Hydropower Plant was commissioned on August 17, 2019 marking a new milestone in the five decades of Indo-Bhutan Hydropower …

Healthcare resonated deeply among the people of Bhutan in the last elections, and that can perhaps be the main factor that tipped the votes in favor of this government, states the government’s one year in office report. Keeping in mind the plights of Bhutanese people travelling outside country to avail …

The sensitization effort on the importance of education and building of better school facilities is working in Laya and Lunana. The number of school enrolment is increasing each year, while fewer and fewer students are leaving school. There are two Extended Classroom (ECR) in school (class PP to III) and …

Thimphu police registered 85 cases of illegal possession of controlled substances and tobacco products in three months, August to October 2019. In connection to this, they have apprehended 165 people. From the total arrest made, 158 are males while the rest 7 are females. In addition, of the total arrest, …

Recently the automobile and vehicle dealers approached the government complaining of banks making vehicle loans more tough. There has also been issues with an ongoing liquidity crunch with banks going slow on loans and even stopping loans and turning away many seeking loans. The few loans that are being given …

Druna Ghu Cookies (nine indigenous types of grains), a home product, has hit the market. The nine grains; red rice, millet, sweet buckwheat, bitter buckwheat, barley, amaranth, mustard, wheat and maize are used to make the cookies. However, as of now, Druna Ghu Cookies could only launch the red rice, …