Third FDI policy revision to diversify and redistribute investments

Currently, a majority of FDI projects is concentrated in the hotel sector. The current government hopes to attract investments in small and medium industries by lowering the investment threshold. The government is currently in the process of revising the Foreign Direct Investment (FDI) Policy 2010 to make investment climate in the country more conducive and […]

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Accounts of International VISA cardholders of BoB hacked

The fraudulent transactions reportedly running into a few millions have been traced to Brazil Bank of Bhutan (BoB) has lost millions in a fraudulent case of international debit card transactions that happened around 2am on Friday. The fraudulent transactions using the VISA International Debit card of BoB clients have been traced to Brazil. According to […]

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Development partners assure support to Bhutan

The ability to get the plans and policies clear to the country’s development partners and get their assurance of support was the biggest achievement of the 14th Round Table Meeting (RTM), according to Prime Minister Dr. Lotay Tshering. During the Friday Meet yesterday, Lyonchhen explained that the RTM is not intended to get extra dollars […]

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BCCI beset by a gamut of challenges

Financial instability is one among them as the Chamber’s revenue is not enough to meet BCCI’s recurring expenditure Inadequate cooperation from the government, the private sector and lack of financial sustainability pose critical challenges to the effective functioning of Bhutan Chamber of Commerce and Industry (BCCI). The Secretary General of BCCI, Sangay Dorji, said the […]

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Buray: The alternative source of income for Radhipas

Most women in Radhi weave buray textiles when the agriculture season is over Leading a village life as a single mother of two school-going children is difficult for 33-year-old Tshering Dema from Radhi gewog in Trashigang. She has been a single mother for the past eight years after she divorced the father of her children. […]

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Plastic ban kicks off in Phuentsholing

The Phuentsholing Thromde has started sensitizing people and restricting the entry of plastics The Phuentsholing Thromde has started restricting the entry of plastics particularly used as carry bags by people at the border gate in Phuentsholing starting from March 1. The initiative is in preparation to the ban on plastics that would be officially effective […]

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Addressing bottlenecks in marketing agricultural produce

One of the main resolutions was to henceforth meet annually to harmonize the work plans of various agencies to avoid duplication and share resources wherever possible  The marketing of agricultural products for farmers across the country is expected to improve in the future with many government and non-government agencies agreeing to work in close collaboration.   […]

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