BUSINESS

NA discusses National Debt which is at 92% of GDP

The Nganlam MP, Choida Jamtsho, raised concerns on the increasing National Debt in the National Assembly on May 27, which is to reach 121% of GDP in the 11FYP as reported in the Annual Audit Report 2014. He said the debt to GDP (Gross Domestic Product) ratio must be maintained …

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A tribute to skilled workers

In support and honor those who work with their hands, the “National Zorig Day” was observed on May 14 at the National Institute of Zorig Chusum (NIZC), Thimphu. The day also makes the public aware of the skilled workers in the country. “Our country’s identity is demonstrated by our traditional …

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No price revision for meat in Thimphu

The meat vendors’ tshogpa in Thimphu is disappointed with the outcome of the meeting conducted last Tuesday with the Bhutan Chamber of Commerce and Industry (BCCI) as their proposal to revise the meat prices by 25-30 percent was not approved. The meat vendors are now planning to take the matter …

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Meat prices to be re-discussed on Tuesday meeting

Business has been on the slump for meat vendors after the import of beef and pork from India was stopped due to a hike in meat prices. However, there will be a meeting conducted with concerned agencies to discuss the issue on the price hike and import on Tuesday. A …

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Drukgyel tops Multimedia content contest

The initiative is to promote innovation in education Drukgyel Higher Secondary School (DHSS), Paro came in first among five schools as a part of a pilot project in the multimedia content development (MCD) contest held on May 8. The contest was organized by the Ministry of Education (MoE), under the …

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Report shows why Bhutanese are skeptical about the unemployment rate

The official unemployment rate is relatively low and declining but the issue is still gaining national importance and people are skeptical about official unemployment rates, The World Bank report, “Bhutan Development Update,” states. The report points out that measurement issues due to a narrow definition of employment and underemployment, the …

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Kuwait to provide jobs for Bhutanese going overseas

A Kuwaiti delegation led by the Vice Chairman of Alshaya Company, Abdulla Alshaya, was in Bhutan for a meeting with the Labour and Human Resources Minister, Ngeema Sangay Tshempo, and senior officials on May 1 in Thimphu. Alshaya, a company based in Kuwait, is interested to promote job opportunities for …

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Sports scholarships for students in RUB colleges

The Bhutan Olympic Committee (BOC) and Royal University of Bhutan (RUB) has signed a memorandum of understanding to set up sports scholarships for students in colleges. Every year, 20 scholarships would be provided in the various colleges of the RUB to study diploma or under graduate programs. The press release …

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