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business bhutan | nations only financial newspaper

Face2Face

Talking to one and many

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draft bill mandates dca to regulate airfare

Posted by sonam PELDEN | 04 September 2010

The coming of Buddha Air has broken the monopoly of Druk Air in the aviation business. In the face of the new entrant and the subsequent evolution of responsibilities in the aviation sector, the director general of the Department of Civil Aviation (DCA), Phala Dorji, talks to Business Bhutan reporter Sonam Pelden on tropical issues in the sector. Phala Dorji Q1. Can you please outline the expansion plans of the Paro International Airport? And how... (more...)

The Chief Election Commissioner of Bhutan, Dasho Kunzang Wangdi , talks to Business Bhutan’s Sonam Pelden, after allegations by a research group that the electronic voting machines used in India can be tampered The Chief Election Commissioner of Bhutan, Dasho Kunzang Wangdi What do you think about the recent EVM incident in India? There are a lot of people who try to challenge the EVM but so far no one has been successful. Similar machines from... (more...)

“i strongly discourage subsidies and social services”

Posted by business bhutan | 21 August 2010

The Executive Director of the International Monetary Fund (IMF) Dr. Arvind Virmani was recently in the country. As India’s representative to the organization he also represents Bhutan apart from Sri Lanka and Bangladesh. He talked with Business Bhutan’s Phurba  D. Dorji on the priorities of the IMF and shared his opinions about the Bhutanese financial market. The Executive Director of the International Monetary Fund (IMF) Dr. Arvind Virmani... (more...)

we have a very small entrepreneurial base

Posted by phuntsho WANGDI | 14 August 2010

The director of the new Department of Small and Cottage Industry(DCSI), Ugyen Penjor, talks in conversation with Business Bhutan reporter, Phuntsho Wangdi,  on issues that the sector is facing Q. Why do you think the department of small and cottage industry is important in Bhutan? The DCSI will spearhead the promotion and development of small and cottage industries in the country. More than 70% of the people live in rural areas and the rural populace... (more...)

“economic diversification is important”

Posted by phuntsho WANGDI | 07 August 2010

The World Bank’s Representative to Bhutan, Mr. Mark LaPrairie, tells Business Bhutan Reporter Phuntsho Wangdi that Bhutan’s plan to be a financial hub should be tried out. The World Bank’s Representative to Bhutan, Mr. Mark LaPrairie Q. The government’s manifesto and economic development policy plans to make Bhutan a financial hub. Do you think Bhutan can be a financial hub? This is an issue that requires careful analysis and, in particular,... (more...)

new sales tax will mainly affect three steel industries

Posted by phuntsho WANGDI | 31 July 2010

One of the leading woman industrialists Damchae Dem, the chairperson of Pelden Group of Companies talks to Business Bhutan reporter Phuntsho Wangdi on issues pertaining to recent power hike and BAOWE. Q. Was the recent government decision to increase the Bhutan sales tax justified? How will it impact the local steel industries? The steel industries in Bhutan like most of our fellow Industrialists in the region are still reeling from the impact of... (more...)

women’s place is not only in the kitchen

Posted by phuntsho WANGDI | 24 July 2010

One of the first businesswomen, Phub Zam, the Managing Director of Yarkay Pvt. Ltd, has been a pioneering inspiration for women in the country. She talks to Business Bhutan reporter Phuntsho Wangdi about women in business. Q. You are one of the most successful businesswomen in the country. What inspired you to the business world? It is interesting to note that my entry into the world of business was a personal calling by accident. A tragedy prompted... (more...)