FCB records profit growth of Nu 50mn than last year from potato auction

As the potato auction season ends, the Food Corporation of Bhutan Limited (FCBL) has recorded auction of potato worth Nu 51mn more than the last season through conventional auction. However, the total auction has reduced as compared to the last season. FCB auctioned around 24,200 Metric Ton (MT) of potato this season worth around Nu […]

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Bhutan’s producer prices fall 4.55% in third quarter

Decline in prices of goods in manufacturing sector led to the drop in producer price index (PPI) to 4.55% in the third quarter (July to September) from the previous year, states the National Statistical Bureau (NSB). The PPI measures the average price change of goods and services overtime from producer’s perspective unlike consumer price index […]

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Way Forward for BCCI presented to economic affairs ministry

The vice president of the Bhutan Chamber of Commerce and Industry (BCCI), Tashi Dorji, maintained that the Way Forward report for BCCI submitted to the economic affairs ministry and the subsequent presentation made to the ministry is unique of its kind. The BCCI, meanwhile, presented the Way Forward presentation to the economic affairs minister, Lyonpo […]

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Finland opens door to Bhutan for business

Finland has opened door to Bhutan for business partnership in education, agriculture, Information and Communication Technology (ICT), and infrastructure solution (green energy). A seminar was conducted involving local companies and 20 companies from Finland represented by Ambassador of Finland HarriKamarainenon Wednesday in Thimphu. The seminar aimed to lower the barrier for both the Finnish and […]

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FCBL introduces four new rice variants

The Food Corporation of Bhutan Limited (FCBL) introduced its first ever rice brand named “Zheychum” with four different rice variants for the Bhutanese consumers. The four rice variants – Zheychum Chogjur, Zheychum Gongma, Zheychum Dangpa and Zheychum Kuenga– have been designed and packaged with local Bhutanese aesthetics, making it appealing and distinct from other rice […]

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Govt. aspires for private sector-driven economy by 2023

Considering the private-sector growth in the country, the government aspires to grow into a private sector-led economy as the nation graduates from Least Developed Country by 2023. This was affirmed in the newly launched annual magazine, “The Executive” marking the government’s completion of its first year since it assumed office on November 7, 2018. The […]

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Kickstarting ‘Made in Bhutan’

Four years ago, after completing his graduation in computer applications, Kuenga Dhendup headed back to his village in Trongsa, central Bhutan, to start an organic farm. “That’s where I wanted to apply my knowledge,” he says, grinning. A year later, his partner, Pema C. Gyaltshen, completed her graduation in environmental science and English and joined […]

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All industries in P/ling to be relocated to Pekarzhing

Phuentsholing Thromde will relocate all the service centers, industries and workshops to Pekarzhing which is around seven kilometers away from the core town.   Industries not only on the state land but workshops, factories, cement go downs and scrap yards operating on private land must be relocated from the main city area. The Pekarzhing Local Area […]

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Brokpas’ Zoedue: a lucrative business in Sakteng

For the last three years, Ap Dorji Drukpa, 61, has been following the same routine every week. He puts fresh cheese into leather bags and leaves them beside the bukhari to ferment. “The longer the fermentation, the higher the medicinal value of the zoedue,” he said. This is because zoedue (fermented cheese) has become a […]

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