BUSINESS

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 …

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 …

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 …

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 …