English | Dzongkha Friday, February 12, 2016

Share trading still not able to pick up pace

Share trading still not able to pick up pace-

Despite reducing share prices from Nu 100 to Nu 10, share trading in the country is yet to pick up pace. In 2014, shares worth Nu 181 M were traded in the market and last year, it had marginally increased to Nu193 M.

Inflation climbs to 3.56 percent

Inflation climbs

After reaching its lowest point at 3 percent in August, Bhutan’s consumer inflation climbed to 3.56 percent in October this year. Both food and non-food prices increased between September and October.

Inflation remains the same

Inflationp

Bhutan’s consumer inflation remained more or less the same between August and September this year. Inflation rate registered marginal increase from 3.10 percent to 3.14 percent in the same months.

Remarkable progress in ease of doing business

Remarkable progress in ease of doing business

Doing business in Bhutan has become easier compared to past years. The World Bank’s ease of doing business report, ranked Bhutan 71 out of 189 countries worldwide. Bhutan emerged the highest ranked country in South Asia.

Economy grows by 5.4 percent in 2014

Economy grows by 5

Bhutan’s economy grew by 5.4 percent last year showing an improvement from the previous year when GDP was recorded at its lowest at 2 percent in 2013. The growth in GDP was contributed mostly by the services sector related to tourism and hotels.

Tariff policy, expected to be out this year end

Tariff policy, expected to be out this year end-

The draft power tariff policy that went through a successful meeting between the private sector and task force members from the hydropower sector could mean changes in the economy, but to what extent, remains to be seen once the policy is adopted.

Standardising products, a gateway to global market

Standardising products, a gateway to global market

Many Bhutanese products have not gained access to global markets with the products not being standardised for international market. Yesterday, the Bhutan standards Bureau observed the world standards day to create awareness on the need to standardise products.

Inflation continues to decrease

Inflation-Decreases

Bhutan’s consumer inflation continued to decrease reaching 3.1 percent in August, this year. Inflation fell in both domestic and imported category. Imported inflation however fell by a bigger margin compared to domestic.

Fake imports reason for spike in rice import?

Fake imports reason for spike in rice import (2)

Ministry of Agriculture and Forests’ officials say fake imports could be the reason for spike in rice import in the country even though Bhutan hasn’t seen a population boom between 2010-14.

CSD canteen in SJ allegedly refuses Bhutanese currency

CSD canteen in SJ allegedly refuses Bhutanese currency

One of the Canteen Stores Department (CSD) of India’s Defense Ministry, located in Samdrup Jongkhar town, is supposedly not accepting Bhutanese currency. Many locals are saying they are confused as the canteen is being operated on Bhutanese soil.

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