Business

…𝒆𝒙𝒑𝒍𝒐𝒓𝒊𝒏𝒈 𝒊𝒏𝒏𝒐𝒗𝒂𝒕𝒊𝒐𝒏, 𝒄𝒉𝒂𝒍𝒍𝒆𝒏𝒈𝒆𝒔, 𝒂𝒏𝒅 𝒄𝒐𝒎𝒎𝒖𝒏𝒊𝒕𝒚 𝒊𝒎𝒑𝒂𝒄𝒕 𝒊𝒏 𝑩𝒉𝒖𝒕𝒂𝒏’𝒔 𝒄𝒂𝒔𝒕𝒐𝒓 𝒐𝒊𝒍 𝒊𝒏𝒊𝒕𝒊𝒂𝒕𝒊𝒗𝒆 By Tenzin Euden In a pioneering endeavor, Guru Tshewang, a 69-year-old native of Trashiyangtse now residing in Zhemgang, has embarked on an ambitious venture into castor cultivation. Taking the initiative, he leased 5 acres of government land to kick-start his endeavor. Initially, Guru Tshewang, a former hermit (Tsampa), sought …

…𝙛𝙧𝙤𝙢 𝙩𝙝𝙚 𝙡𝙖𝙨𝙩 𝙛𝙞𝙨𝙘𝙖𝙡 𝙮𝙚𝙖𝙧 (2022-23) 𝙪𝙣𝙩𝙞𝙡 𝙣𝙤𝙬, 𝙩𝙝𝙚 𝘾𝘾𝘼𝘼 𝙝𝙖𝙨 𝙧𝙚𝙘𝙚𝙞𝙫𝙚𝙙 42 𝙘𝙤𝙢𝙥𝙡𝙖𝙞𝙣𝙩𝙨 𝙧𝙚𝙡𝙖𝙩𝙚𝙙 𝙩𝙤 𝙤𝙣𝙡𝙞𝙣𝙚 𝙨𝙝𝙤𝙥𝙥𝙞𝙣𝙜 By Phurpa WangmoDespite consistent warnings issued by the Consumer Affairs Authority (CAA) through their Facebook page and website, cautioning the public to exercise vigilance when engaging in online shopping and verify the legitimacy of businesses, there are still reported cases of individuals …

…𝒘𝒆 𝒄𝒂𝒏 𝒉𝒂𝒓𝒅𝒍𝒚 𝒆𝒂𝒓𝒏 𝑵𝒖. 1000 𝒑𝒆𝒓 𝒅𝒂𝒚 𝒃𝒚 𝒅𝒓𝒊𝒗𝒊𝒏𝒈 𝒕𝒂𝒙𝒊 𝒔𝒂𝒚𝒔 𝒕𝒉𝒆 𝒕𝒂𝒙𝒊 𝒅𝒓𝒊𝒗𝒆𝒓 Sonam Deki The city bus picks up the majority of passengers in Thimphu, while other half are travelling abroad, says the Taxi driver in Thimphu.0 Karma, taxi driver in Thimphu said “I have been a taxi driver for more than 7 years. Thimphu was an …

… 𝑺𝒉𝒓𝒊𝒏𝒌𝒊𝒏𝒈 𝒐𝒇 𝒎𝒂𝒓𝒌𝒆𝒕 𝒊𝒏 𝒕𝒉𝒆 𝒄𝒐𝒖𝒏𝒕𝒓𝒚 𝒄𝒐𝒖𝒍𝒅 𝒑𝒐𝒕𝒆𝒏𝒕𝒊𝒂𝒍𝒍𝒚 𝒍𝒆𝒂𝒅 𝒕𝒐 𝒎𝒐𝒓𝒆 𝒃𝒖𝒔𝒊𝒏𝒆𝒔𝒔 𝒄𝒍𝒐𝒔𝒖𝒓𝒆𝒔 Tenzin LhadenAs it is, the Business owners were crying foul because their businesses have been affected by the pandemic. Post-pandemic, their hopes remain high that the road to recovery and normalcy would offset what they lost. But the road ahead had stored something else. Just as …

By Sonam Deki According to the Regional Trade Office, Department of Trade, Ministry of Economic Affairs (MoEA), there are 111 E-commerce businesses registered with the department as of September 2, 2022.But this is not the only one; there are numerous unidentified online businesses that defraud customers and vendors alike.Online commerce (also known as electronic trade) is the exchange of goods …

By Tenzin LhadenBoulders export to Bangladesh and India picked up in November and December of last year with over 15,000 metric tonnes and 21,000 metric tonnes of boulders exported in two months, according to the record with the BEA. The expectations of exporters remain unsure with global economy situation which has hit the country’s potential boulder and aggregate market with …

Q&A with Tshering Wangchuk, STCBL CEO By Puran Gurung Question 1: As the country’s main trading arm – what are some of your plans for State Trading Corporation Limited of Bhutan (STCBL) in the coming years? One focus that the STCBL will undertake over the next few years is setting up Fuel Retail Outlets (FPO) in the 20 Dzongkhags. Apart …

Articulating the drayang businesses compromising norms and values, the government through an executive order ceases operations of all the drayangs in the country with immediate effect. This was done through a series of reviews and consultations for over a year, and the decision comes after research, meetings, and intense consultations with various stakeholders – it came to the validation ‘drayang …

The move is driven by Bhutan’s desire to enhance digital and cross-border payments. By Staff Reporter The Royal Monetary Authority (RMA) has partnered with Ripple to use its infrastructure to pilot a central bank digital currency. According to an announcement from Ripple, the move is set to expand the country’s financial inclusion efforts and extend its commitment to sustainability as it aims to become …