The Bhutanese Leading the way.
The Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) has proposed to sign a memorandum of understanding (MoU) with Bhutan Chamber of Commerce and Industry (BCCI) on May 29. A 40-member business delegation led by A K Azad, president of the FBCCI will be in Bhutan from May 28 …
Read More »Raising taxes on alcohol sale not working, another ban in the offing
Raising taxes on alcohol sale only leads to fronting, selling and leasing of already existing licenses at higher prices. This was discussed in the seminar on Alcohol Use and Abuse in Bhutan last week where data presented showed that despite raising taxes on the sale, alcohol consumption remains the same. …
Read More »Sunkosh hydropower project on the cards; Lamoizingkha to act as gateway to central Bhutan
Sunkosh hydropower project which was downsized to 2,560 MW from 4,060 MW is finally on the verge of implementation with the Detailed Project Report (DPR) to be finalized by July this year. The communities, it is said, will reap many benefits. The economic affairs minister, Lyonpo Khandu Wangchuk, said the …
Read More »Seven companies booted for non-compliance with company rules
Seven registered companies in the country were dissolved with effect from February 1, 2012 after they failed to comply with ‘The Companies Act 2007’ and operational rules. These companies had registered with the Company Registry Division (CRD), under Department of Industry, Ministry of Economic Affairs (MoEA). The companies dissolved are …
Read More »Facility to patent your invention in Bhutan
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 …
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