Tag Archives: Economy

“We can produce our own vegetables!” said Lyonchhen Jigmi Y. Thinley last week to 92 vegetable vendors who gathered in the capital from all over Bhutan. And that is not a tall-order from the nation’s premier, for he justified with conviction, stats and instances, that Bhutan can do it. Lyonchhen …

The cabinet recently approved the Renewable Natural Resources Research Policy of Bhutan 2012. In the face of the ban on vegetable imports, the policy is deemed timely by experts as it responds to the emerging challenge of transforming Bhutanese agriculture from subsistence to a commercial-based economy in the 10th Five Year …

The Rupee Shortage Task force report submitted on 5th March 2012 is overall a comprehensive report that gives dire warnings if measures both short term and long term are not taken to curb the crisis. The strength of the report is indisputable facts and figures that show that the Bhutanese …

A draft guideline for eco-tourism in the Protected Areas, which is being developed by Coastas Christ, one of the world’s leading sustainable tourism experts, will take another month A  strong link exists between tourism and Protected Areas (PAs). While eco-tourism can make significant financial contributions to a country’s economy, there …

Bhutanese youth are having a significant impact on various aspect of our society, media, culture, politics, economy and etc but still are a misunderstood lot. The media as an example is one institution where the average age of most journalists is under 25 with even senior editors in their early 30’s or late …

  A government appointed taskforce compromising of civil servants said that the Private sector and private consumption are the main causes of the rupee crisis. This has led to a severe credit crunch especially for the private sector bringing the Bhutanese economy to a virtual halt. However, a study by …

  The rupee crisis is a combination of three other crises affecting the Bhutanese economy. They are namely, the trade crisis, the financial management crisis and also the individual lifestyle crisis. The rupee crisis being an individual lifestyle crisis can be best summed up in the saying, ‘Bhutan is a …

With the Bhutanese economy being hit by a severe rupee crunch, people say one of the causes is fronting of businesses, especially in the manufacturing sector. But the government officials The Bhutanese talked to feel fronting could not be a cause of rupee crisis as much as it is believed …

But inventors will need to wait two years for a patent to be registered  The intellectual property division (IPD) of the ministry of economic affairs (MoEA) has finally established a registry for patents as mandated by the Industrial Property Act of the kingdom of Bhutan, 2001. This means inventors are …

  The rupee crisis has not only hit Bhutan’s economy but it has also stung our national pride and confidence. This is not just an economic crisis for the nation but also a painful and uncertain time for every Bhutanese from humble farmers to business tycoons. However, it is only …