Online business: A threat to shopkeepers

A group of girls are engrossed in their phone. They browse the screen with great excitement as they do “online shopping” viewing photos of the products, along with product specifications, features and prices. Various online shopping websites such as Air BNB, Alibaba, eBay, Myntra and B-bay-buying and selling are increasingly becoming popular among the buyers. […]

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Lyonchhen meets taskforce members of 21st roadmap century

Prime Minister Dr Lotay Tshering met with the national taskforce members who will work on the 21st century economic roadmap for the country on Thursday. The taskforce members are from different backgrounds like business, economy, lectures, hoteliers and IT working beyond civil services. Taskforce members met for the first time with the Lyonchhen, though they […]

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Income Tax Bill 2020 could impact nation’s economic self-reliance: NC

The National Council (NC) recommended that Income Tax (Amendment) Bill 2020 could seriously impact the national goal of economic self-reliance and create more deficits at this time. In this context, NC’s Economic Affairs Committee (EAC) proposed two options to the house, either not to pass the Bill in its entirety or to pass with amendments […]

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A tale of two unfulfilled promises

The pledges to construct a bridge over the notorious Maokhola and the campaign promise to construct the Shingkhar-Gorgan road have remained a political gimmick that never materialized. The first two democratically elected governments promised but failed to deliver the bridge and the road. There are apparently huge cost and resources required to build the bridge […]

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Measures in place to combat possible corona virus outbreak: MoH

With the corona-virus scare in the region, the Ministry of Health has put up a contingency plan in place to cope up with the disease by setting up isolation rooms in Jigme Dorji Wangchuck National Referral Hospital (JDWNRH), the Old Mother and Child Health Unit and Gidagom hospital. The authorities concerned have assured that they […]

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K Essences secures investment of Nu 2.25mn through Jabchor platform

Kingdom Essences (K Essences), an essential oil production business based in Trongsa, which was started with a capital of Nu 350,000 has secured investment of Nu 2.25mn through the Jabchor platform from individual investors. Three individual investors have invested the equity ownership in K Essence. The private individuals are Sonam Choden Dorji invested equity ownership […]

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Most NC members say tourism levy exemption should be foregone

With the Finance Minister introducing the Tourism Levy Exemption Bill of Bhutan 2020 in the National Council on February 6, it was deliberated that international and regional tourists shall be liable to pay tourism levy of US$ 65 and Nu 1200 respectively per night halt termed as sustainable development fees (SDF) which is 25% of […]

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