Three worried director board members of the Bhutan Board Products Limited (BBPL) – all related to each other – sat outside the BCCI hall as a heated discussion that was to decide the fate of one among them raged inside. Despite a weather forecast that predicted rain and dark clouds, the Thursday morning sky was clear for a perfect boardroom drama, an extraordinary general meeting of share holders. It was board member Chhimi Dorji who represents... (more...)
Plan for the development of industrial estates and special economic zones (SEZ) received a boost with the National Land Commission approving 1,185 acres for the country’s largest industrial estate at Jigmeling, Gelephu. In addition, a detailed strategic assessment report for the Dham Dhum industrial estate in Samtse has identified an additional plot for a SEZ and an extended Samtse town nearby. Land acquisition for the smallest Motanga Industrial... (more...)
Small businesses and business groups are starved of finances in the country with limited windows of getting loans from financial institutions. The message comes strongly from the overwhelming response received for the Group Guarantee Lending and Saving Scheme (GGLSS) which was launched by the only development bank, the Bhutan Development Finance Corporation limited (BDFCL). The BDFCL launched the Scheme on April 14 in collaboration with the Bhutan... (more...)
The Druk Ferro Alloys Limited (DFAL) has leaped over two other companies to become the biggest ferro alloy company with the highest paid up capital in the country with its decision to increase its paid up capital by issuing more shares. DFAL started last April with a paid up capital of about Nu 163mn and it has now reached Nu 289mn surpassing table toppers Druk Wang Alloys limited with a paid up capital of about Nu 194mn and the Bhutan Ferro Alloys... (more...)
Monday morning around 10:30 am, the 18-seater Buddha Air bound to Bhutan took off from the Tribhuvan International Airport (TIA), Kathmandu, with some Nepalese delegates as its first passengers. The jet landed elegantly at the Paro International Airport after an hour and five minutes despite indications of bad weather. This was Buddha Air’s first commercial flight to Bhutan. The airline will be operational four times a week from now. Many Bhutanese... (more...)
Here is something that can touch a nerve with thousands of Punaps and Haaps living across the country. The Class X results of 2009 shows that students who are originally from Punakha and Haa dzongkhags have performed the worst, wherever they studied. Every year, the Bhutan Board of Examinations (BBE) comes up with a report on students’ performance. However, this is for the first time the BBE is trying to find out whether the academic performance... (more...)
The new WagonR (top) and the Eeco (below) have entered the small car segment in the country and the price begins from Nu 327,500 Zimdra Automobiles will be adding a new car to the family car segment with the launch of the new WagonR in Phuentsholing today. The price begins from Nu 365,000 and it increases with different features and variants. Zimdra will be providing services and a one-year warranty. The new 2010 WagonR will hit the Bhutanese roads... (more...)











