BUSINESS

The otherwise quiet and monotonous life in Samtse burst into relentless smiles, laughter, excitement and inexplicable sense of patriotism during the 111th National Day celebration on 17 December. The people were deeply overwhelmed with the sheer presence of His Majesty The Fourth King, His Majesty The King, His Royal Highness …

The Department of Intellectual Property (DoIP) in collaboration with the World Intellectual Property Organized (WIPO) organized a one-day workshop on Enabling Intellectual Property Environment to Strengthen Business Competitiveness through Brands and Designs Project on December 10, 2018 at Hotel Migmar, Thimphu. About 22 participants from various public and private sector …

According to the National Accounts Statistics 2018, released by the National Statistics Bureau, Bhutan’s economic growth plummeted by 3.39 percent last year with a total growth at 4.63 percent in 2017. The fall in the growth rate is attributed to a reduction in the generation of revenue by major sectors, …

After the recent indemnity clause on technical failure by the Bank of Bhutan (BoB) created a huge hue and cry among the consumers, the bank issued an official clarification stating that the indemnity was solely intended to protect the bank against claims by clients for losses incurred due to transfers …

Pasakha police under Chukha detained a 30-year-old man for battering his 53-year-old brother-in-law and 64-year-old uncle on 2 December at around 6:15 PM at Pana (c) under Sampheling gewog, Phuentsholing. The complainant informed police that the suspect absconded the crime scene after battering his uncle and brother-in-law. The police informed …

The very recent indemnity issued by the Bank of Bhutan (BoB) to access their mobile banking app raises the question of consumer rights with regard to the protection of consumers and safety of consumer services. Not even a week ago, in order to log into the mBoB app, a mandatory …

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 …

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 …

Having laid out several ambitious work plans to tackle youth unemployment issues by the government, the minister of labour and human resources, Ugyen Dorji, who is also the youngest minister in the cabinet said that his top priority is to tackle the challenge of youth unemployment with immediate effect. With …

The Bhutan InfoComm and Media Authority (BICMA)after consultation with the three cable operators adopted the standards for operation of Digital Cable Broadcasting Service System from June 2018. BICMA’s officiating Director, Wangay Dorji said that all the three cable operators (EthoMeto, DrukCom, and Norling) in the capital are now technologically equipped …