The Bhutanese Leading the way.
During the question hour session on Tuesday, member from Lhamoi Zingkha-Tashiding constituency questioned the agriculture minister on the plans and programs to address citrus greening disease affecting the farmers. In response, the agriculture minister, lyonpo Yeshey Penjore said, “About 39 percent of the rural households are engaged in citrus production …
Read More »Modest growth of 5.1 percent projected for 12th plan
According to the current assessment of the baseline growth forecast, modest growth of 5.4 percent in the medium term and 5.1 percent on an average for the 12th FYP has been projected. Slowdown in growth is projected mainly on account of shifting of commercial operation date of Punatsangchu- I and …
Read More »Capital budget for Jan-Jun 2019 at 11 bn
The finance minister, Lyonpo Namgay Tshering presented the national budget for the financial year 2018-2019 during the ongoing parliament session on Friday. A total budget appropriation for FY 2018-19 has been estimated at Nu 47bn which includes budget of Nu 36 bn passed during the 11th session of the second …
Read More »MoEA looks forward to roll out robust economic activities in 2019
According to the economic minister Lyonpo Loknath Sharma, the Ministry of Economic Affairs (MoEA) looks forward for the successful review of some of the policies and acts that are in need of revision. The minister said that the government plans to complete most of the policy related works within the …
Read More »Govt to look into the appeal by CFM vendors over increment of rental fees
The vegetable vendors at the Centenary Farmer’s Market (CFM) have appealed to the Prime Minister in regard to the recent increase in the rental and store charges by the CFM management board. The CFM board with the aim to improve the facility in the market has recently approved the revised …
Read More »His Majesty offers prayers at Shiva Mandir
His Majesty The King offered prayers at the Samtse Shivalaya Mandir on the morning of 20th December. A prayer ceremony was held at the Mandir leading up to the National Day Celebrations, for the successful conclusion of events, and for the well-being of the country and people. His Majesty was …
Read More »The stories of the old, handicapped and daily wage earners who came for the 111th National Day celebration
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 …
Read More »Enabling Intellectual Property (IP) to Strengthen Business Competitiveness
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 …
Read More »GDP down to 4.63% in 2017 : NSB
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, …
Read More »BoB does away with the indemnity clause on technical failure to avoid confusion
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 …
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