Exporters who are engaged in the mining sector feel the importance of involving the community in mining activities in the country. This was evident when the Member of Parliament’s economic affairs committee met with the Exporters Association of Bhutan (BEA) and the Association of Bhutanese Industries for suggestion and feedbacks on the Mines and Minerals […]
Read More
With only two registered cardamom traders and the traders not offering the prices as desired, cardamom farmers in Gelephu are now facing challenge to market their cardamom. One of the traders has refused to accept the crop from the farmers, while another trader has reportedly refused to pay not more than Nu 400 per kilogram […]
Read More
A growing niche of entrepreneurs is entering the market and they often take up social issues as mandate. For instance, while growing waste is a huge challenge for the country and one disposable pad takes around 500 to 600 years to decompose, Zamin Friends Forever is producing eco-friendly sanitary pads to address the issue. It […]
Read More
In what is likely to be another attempt to address the significant portion of waste generated in Thimphu, the Greener Way is for the first time coming up with recycled plastic poles. The plastic poles are made after recycling a variety of other plastic materials. These poles can be used as poles for signage stand […]
Read More
Food Corporation of Bhutan Limited (FCB) has explored and managed to find customers for more than 50 Metric Ton (MT) of cardamom that was bought from the farmers through buy-back scheme. FCB sold this through intermediates though it did not have much time and scope for better marketing. The government had directed FCB to procure […]
Read More
RuPay card will be formally launched during the state visit of Indian Prime Minister Narendra Modi to the country this month. RuPay is India’s card scheme created by the National Payments Corporation of India. It was conceived to fulfill Reserve Bank of India’s vision to offer a domestic, open-loop, multilateral system which allows all Indian […]
Read More
Bhutan is one of the Member States that has derived maximum benefits from SDF’s various funding schemes Prime Minister Dr Lotay Tshering visited the SAARC Development Fund (SDF) Secretariat Tuesday to discuss strengthening collaboration with SDF by exploring more investment opportunities. SDF officials led by Chief Executive Officer Dr Sunil Motiwal briefed the Prime Minister […]
Read More
Large and medium business and corporate units must deposit their tax advance hereon. The Department of Revenue and Customs has notified that all large and medium business or corporate units must deposit their advance tax by August 31. According to the Ministry of Finance, based on the tax paid in the previous year, large and […]
Read More
Three promoters have registered with the Bhutan crowdfunding platform so far. Some others have shown interest and are yet to be vet. Bhutan crowdfunding is the first digital platform developed by the Royal Securities Exchange of Bhutan (RSEB). Bhutan crowdfunding aims to provide an alternate financing model for start-ups, new business ventures and cottage and […]
Read More
Since the beginning of the year, Bhutanese ferro-silicon industries have been left worried with the slump in prices and market for ferro-silicon produced at their plants. Demand for ferro-silicon and the raw material to manufacture steel has dropped, affecting the industries in Pasakha, industrialists claim. The price for the product has subsequently decreased since January […]
Read More