Shoot up in transportation cost of construction materials worries contractors

The labor charge incurred for the loading and unloading of construction materials in the mini-dry port in Phuentsholing has raised the transportation cost, said General Secretary, Construction Association of Bhutan (CAB), Tshering Yonten. Due to the coronavirus pandemic, the goods and materials procured from neighboring India has to come into country via mini-dry port in […]

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A machine that produces “miracle water”

Bhutan Kangen Water is supposedly producing a “miracle” water that has many health benefits on the one drinking it by treating normal water with a machine called “Ionized Electrolysis Water-Kangen Machine.” They are now promoting Kangen water for free so as to gain a market for the machine which is priced between US$ 2,185 to […]

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Govt. to observe fiscal prudence to meet the recurrent expenditure

While the government has sufficient budget for capital expenditure, there is a concern regarding the recurrent expenditure as the government has proposed major changes in the Financial Year (FY) 2020-2021 annual budget since revenue generating sectors are being affected by the pandemic. During the meet the press session on Friday, finance minister Namgay Tshering said […]

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Entrepreneurs can sell their products and get paid online

Now entrepreneurs and start-ups can sell their products online and get online payment from international cardholders. To promote and the use of digital payments and to reap the advantage of digital economy, the Royal Monetary Authority (RMA), in collaboration with the banks has initiated the international payment gateway (IPG) facility. The facility can accept payments […]

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Business at Taktsang base comes to a halt after COVID-19

The once bustling handicraft and fast food market at the base of Taktsang Monastery at Paro is seeing just a trickle of vendors and customers after the COVID-19 was confirmed in the past weeks. The businesses include vendors who sell walking sticks, handicraft products and jewelry. Fast food business had also been soaring in the […]

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BNB opens bank agent in collaboration with Bhutan Post

Bhutan National Bank (BNB) launched its bank agent called BNB Ngotshab, a first of its kind in collaboration with a corporation, Bhutan Post. BNB launched Ngotshab in coordination with Bhutan Post since its offices and outlets are available in almost every corner in the country. Chief Operations Officer of BNB, Hem Kumar Acharya said that […]

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