English | Dzongkha Saturday, October 31, 2020

Team Druk Rimdo Service bags the best business idea

Team Druk Rimdo Service, an online service for rituals, won the best business idea at Thimphu Global Women Start-up Weekend yesterday. Twenty women from diverse backgrounds took part in the event.

Local yarn producers and buyers meet to establish business connections

Despite the potential, the production of local yarns in the country has not been as expected. This is mainly due to lack of coordination between its sellers and buyers. Bridging this gap, a two-day business meet between the two is underway in Thimphu.

Broiler farming in Samdrupchhoeling proves lucrative

The broiler farming in Samdrupchhoeling Dungkhag in Samdrup Jongkhar is proving to be a lucrative business since it was introduced in 2015. Besides improving the livelihoods of the farmers, it has helped to cut down the import of chicken from India.

Stock market sees significant growth

The Bhutanese stock market, considered among the smallest stock markets in the world, has been seeing significant growth since the last five years. Going by its records, the volume of trading of shares has been increasing alongside the market’s value.

MoU signed to strengthen business competitiveness

Towards strengthening business competitiveness through brands and designs among the local manufacturers and producers, the Ministry of Economic Affairs (MoEA) signed the memorandum of understanding (MoU) of a five-year project with the World Intellectual Property Organization (WIPO) today. The project is expected to empower stakeholders to effectively use the intellectual property system in the country.

Milk Processing Unit in Zhemgang town struggles to market their produce

Once a thriving business, the Dangkhar-Trong Gonor Chituen Tshogpa , a milk production group in Zhemgang town is now struggling to market their dairy products.

Importance of online presence for businesses

Online presence and use of social media could help in scaling their businesses say the entrepreneurs. Over eighty entrepreneurs came together to discuss their challenges and possible solutions to address them during the two-day Druk Entrepreneurial Challenge held in Thimphu.

BNBL receives ISO 9001 & 27001 certification

The Bhutan National Bank Limited (BNBL) is the first bank in the country to receive both the International Organisation for Standardization (ISO) 9001:2015 and 27001:2013 from the Intercert Private Limited in India.

Bhutan Alternatives raises Nu 8.34 M through crowdfunding

Bhutan Alternatives, an e-waste management firm raised Nu 8.34 M through the Bhutan Crowdfunding portal which was launched during the Bhutan Economic Forum for Innovative Transformation (BEFIT) 2019 last month. It is the first start-up company to raise their funds through the portal.

Business in Trongsa shrinking with MHP nearing completion

With the Mangdechhu Hydroelectric Project nearing completion, Trongsa’s local economy has taken a back seat. For about a few months now, the earnings have been shrinking leaving the town’s business community apprehensive.

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