BUSINESS

BTN depreciates by 20%

The INR crunch has brought the value of the BTN down by 20%. This means that Nu 100 is equivalent to Rs 80. People are now willing to pay an extra 20% BTN in order to get  supplies at the border towns. There are two factors determining this: one is …

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Quality assurance management workshop for training providers

Around 39 participants from private training providers and technical training institutes gathered for a first-time workshop on quality assurance management in training institutes conducted by the Department of Occupational Standard (DOS) under the labor ministry on 4th May in Paro. According to the Head of the Quality Assurance Division, labor …

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25 local govt officials head to Japan for leadership training

Around 25 Bhutanese officials will be sent to Japan in October this year for a leadership course in local governance. Since 2003, the Japan International Cooperation Agency (JICA) has been sending local government officials to Japan for leadership training courses to help enhance good governance skills and practices. “The Japanese …

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Labor ministry intent on creating own skilled workforce

There are 54,821 foreign workers with work permits and at the least 20,000 day workers in Phuentsholing, Gomtu, Samtse, Samdrup Jongkhar and other border areas. With 74,000 expatriates workers there is a rupee outflow of more than Nu 7bn a year. This was stated by the labor minister, Lyonpo Dorji …

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Gol building in need of revamp

The Gol (round) building constructed sometime in the 50s stands as Phuentsholing’s landmark. Little children studying in India used to be hysterical when they caught a glimpse of the building while returning for vacation because then they knew they were home. But the building which has 87 units including 21 …

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Cabinet approves RNR Research Policy

The cabinet recently approved the Renewable Natural Resources Research Policy of Bhutan 2012. In the face of the ban on vegetable imports, the policy is deemed timely by experts as it responds to the emerging challenge of transforming Bhutanese agriculture from subsistence to a commercial-based economy in the 10th Five Year …

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Thimphu Tech Park checking talent pool to recruit employees

The Department of IT and Te l e com (DITT) under Ministry of Information and Communication (MoIC) and the labor ministry (MoLHR) in collaboration with Royal University of Bhutan (RUB) have already started preparing for the Thimphu Tech park from this month. At the moment, the labor ministry is assessing the talent pool which is interested in being employed …

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