Businesses urged not to engage in unfair trade practices

Consumers are urged to use toll free number 1214 should unfair trade practices occur While shops and businesses have been allowed for operation in their respective zones amidst the second nationwide lockdown, the Office of the Consumer Protection (OCP) has urged the business entities in the country to strictly refrain from engaging in unfair trade […]

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Economic ministry to present bar license issue to cabinet

The economic affairs ministry has prepared rules on re-issuing bar licenses to present to the cabinet and is looking forward to a positive response, said Economic Affairs Minister Loknath Sharma yesterday during the National Assembly’s question and answer session. Lyonpo was responding to a question raised by the MP for Chumig-Ura, Bumthang, Karma Wangchuk who […]

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New trade routes opened for bilateral and transit trade with India

The routes are at Nagarkata, Agartala, Jogighopa, and Pandu In another milestone achievement to boost trade relations between Bhutan and India, the Government of India (GoI) has agreed to the government’s request to open new trade routes for Bhutan’s bilateral and transit trade with India at Nagarkata, Agartala, Jogighopa, and Pandu, which will be operational […]

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Lower prices & variety of imported vegetables challenge winter vegetable production self-sufficiency target

Winter vegetables will be exported if the production doubles As part of the target to achieve vegetable production self-sufficiency and marketing in winter, the Department of Agriculture and Marketing Cooperatives (DAMC) is facilitating producers with major buyers and linkages. It is also providing market information to build up sustainable long-term market relations. The six eastern […]

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Nu 225mn of agriculture produce exported last month

Govt. exported around 6,568MT of agricultural produce to India and Bangladesh and is importing only onion and tomato as of now Bhutan’s export and import business has been among the worst hit by the ongoing pandemic, especially in the first four months of the current financial year. But amidst this gloom, the Department of Agricultural […]

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Fiscal deficit for FY2020-21 increases to Nu 15.33bn

This is Nu 0.01bn more than the original estimate The fiscal deficit in absolute figures has increased to Nu 15.33bn from the original estimate of Nu 15.32bn due to incorporation of loan-funded activities. However, this impact on the net internal borrowing as equivalent amount was realized through external borrowing. The first quarter budget performance report […]

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