THE NATION

Continuation of sub-topic- Third cause of INR Shortage: Terms of Trade Deterioration When trying to solve the INR problem, it is not only important to consider merchandize trade but also trade in services. Tourism, which is an invisible export, helps offset the current account deficit of our country. However, the …

His Majesty the King and Her Majesty the Gyaltsuen graced the 17th convocation of Royal Institute of Management (RIM) graduates on August 26 in Thimphu. Addressing the 2011-2013 Graduates, His Majesty the King said “We must be prepared to resolve any problems that we may be faced with immense intelligence …

Continuation of sub-topic – Second cause of INR Shortage: Divergence in Inflation Suitability of relative weights can be judged from drinks and meat in the consumer basket. Beer gets 0.56% weight and fruit juice is given 0.64%. Domestic spirit, which is ubiquitously consumed, gets 0.65% light weight. Drinks seem to …

The Bhutan Narcotics Control Agency in collaboration with the Royal Bhutan Police inaugurated the Drug Treatment and Rehabilitation program for the prison inmates convicted for drug related offences on Wednesday, August 21, 2013 at Thimphu District Jail. The inauguration was marked by lhab sang tursoel  ceremony of the session room …

A three- day workshop organized by BMCI (Bhutan Media and Communications Institute) on “media management” concluded on August 21, here in the capital. The workshop highlighted on identifying and targeting readers and consumers and devising strategies on  editorial, advertising, circulation sales and marketing. The workshop also discussed on the current …

The Royal Civil Service Commission, Royal University of Bhutan, Ministry of Education, Ministry of Health, Ministry of Labour and Human Resources, Gross Nation-al Happiness Commission, Bhutan Narcotics Control Agency, Royal Bhutan Police, National Commission for Women and Children and RE-NEW endorsed the proposal to establish Bhutan Board for Certified Counselor …

Introduction This seven-part article analyses the causes and cures of the INR shortage from a macro-economic point of view. It will cover the following topics: (2) purposes of foreign currency reserves, (3) options after running down reserves, (3) first cause of INR shortage: excessive monetary growth, (4) second cause of …

Her Majesty the Gyaltsuen, Jetsun Pema Wangchuck launched the Jigme Khesar Environmental Research Fund (JKERF), an initiative of Her Majesty as the Royal Patron of the Royal Society for Protection of Nature (RSPN), earlier this week on August 5 here in the capital. Her Majesty, in a statement said “the …

A20 member delegate of American Chamber of Commerce (AMCHAM) operating in India is in the capital to discuss about opportunities and explore potential business sectors that the chamber can invest in. AMCHAM in India, an association of American business organizations operating in India was established in 1992 and has over …

However, experts are calm and said it was normal The second outbreak of Chirpine defoliator in some parts of Wangdue and Punakha have left the communities there in much worry as the Chirpine trees, botanically known as Pinus roxburghii are left without the pine needles. The mountains and valleys, which …