River boulder exporters to Bangladesh have formed a syndicate of corruption across the border, according to the Anti-Corruption Commission (ACC). ACC has discovered that there is an elaborate and systematic bribery and kickback schemes, referred to as MVI (Motor Vehicle Inspector) payments that Bhutanese exporters and transporters pay at various checkpoints across the Indian border […]
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Lemongrass oil business was once a thriving business in the eastern part of the country. However, as the yield dwindled and labor costs shot up, farmers in Bartsham, Trashigang involved in lemongrass oil extraction, decided to discontinue with the trade resulting in the disappearance of the decades-old practice. Today many households in Bartsham gewog in […]
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The products are currently stored in a warehouse in Phuentsholing The Food Corporation of Bhutan Limited (FCBL) is currently exploring markets for export after having bought 50MT (Metric Tons) of cardamom through a buyback scheme from farmers of eight dzongkhags this year. The highest quantity of cardamom was bought from Dagana Dzongkhag with 20.66MT, followed […]
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The vegetable season has begun but farmers who sold their first produce – peas – at the Food Corporation Limited (FCBL) auction yard in Phuentsholing were disappointed at the throwaway prices. A sack containing up to 40 kilogram of peas was auctioned at Nu 500 which comes to over Nu 12 per kilo. Farmers regretted […]
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Despite shortage of feed reported for the last few weeks, Karma Feeds in Phuentsholing continues to produce feed. The Director, Chencho Wangyal said that a wave of panic had spread among customers who believed that the plant could be shut down due to unavailability of maize, the prime raw material. “We need to clarify to […]
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Two private public transport companies will start luxurious bus service to and from Phuentsholing to Thimphu Within this month, commuters along the Phuentsholing-Thimphu National Highway will have better choice to travel as premium buses are expected to hit the road. Two private public transport companies will start luxurious bus service unlike the normal bus service […]
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Clients can now have greater flexibility with their FD accounts Bank of Bhutan (BoB) launched an additional feature under its Fixed Deposit (FD) scheme that allows clients holding FD with the bank to partially withdraw the required amount without having to close their entire FD account. In this feature, if a client requires any amount […]
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Businesses across the southern border towns remained mostly closed during this week’s Assam and Bengal elections, which even saw the country’s bustling commercial hub, Phuentsholing, turn into a ghost town overnight Every time an election takes place across the border, it is a reminder of how hopelessly dependent Bhutanese traders are on the Indian day […]
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Fifty-year-old Gyaden Zangmo from Pangthang village in Kanglung carefully picks up dozens of eggs from her chicken farm and places them in a bucket until it is filled to the brim. She then heads to the water tap where the eggs are washed, one at a time, before packing them for sale. This has been […]
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The mode of operation of business involved in the two popular new businesses entities – MagneSSa and Oriens are pyramid schemes and unethical, according to an inference from a relevant stakeholders’ meeting held recently. Recently, MagneSSa and Orienshave spread rampantly in the country.More than thousands of people are involved in the business in the country. […]
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