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Mountain Hazelnuts puts staff on unpaid leave

It was a difficult move for the venture as they looks to offset COVID-19 impacts and for the long-term continuity of the company By Phurpa Wangmmo The Impact of COVID- 19 is being felt by individuals, businesses, and countries all around the world. In Bhutan, Mountain Hazelnuts Ventures Pvt. Ltd. is the latest company to take a hit from the …

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A major stain on local start-ups

By Tashi Namgyal The government’s proposal to do away with import duty on sanitary products is a direct kick in the teeth of local entrepreneurs who are already faced with stiff competition from third countries. The offer to do away with 30 percent import duty imposed on sanitary products may sound heartfelt, but the impending consequences are imminent as local …

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DGRK and ECP takes the edge off difficulties

By Phurpa Wangmo As per the IMF estimates, the global economy in 2020 is estimated to contract to -3.3 percent, lower by 6.1 percentage points than 2019. The unemployed rate almost doubled to 5 percent in 2020 from 2.7 percent in 2019. The youth unemployment crossed 22 percent from 11.9 percent in 2019. Despite the steep decline in output and …

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SKD ALL STARS crowned T20 champions

By Staff Reporter In a gripping finale held at the Jigmethang Cricket ground yesterday, SKD ALL STARS defeated Dragon Strikers by four wickets to be crowned the T20 Smash cricket tournament 2021 champions. It was SKD ALL STARS’ first appearance and maiden win at a tournament final despite having participated in few other editions of the same tournament. However, their …

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PTA to reduce trade barriers with Bangladesh

By Sonam choki The National Assembly this week deliberated on two International Conventions; the Preferential Trade Agreement (PTA) between the Royal Government of Bhutan and the People’s Republic Of Bangladesh, and the United Nations Convention Against Corruption (UNCAC) Amendment today. The Preferential Trade Agreement (PTA) between Royal Government of Bhutan and the People’s Republic Of Bangladesh was introduced to the …

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