English | Dzongkha Thursday, April 2, 2020

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.

Bhutan expected to benefit as member of IFAWPCA

Construction Industry is the frontline of the economy in any developing country. For a small economy like Bhutan, being a member of International Associations has always been an advantage. Bhutan became the full-fledged member of International Federation of Asian and Western Pacific Contractors Association (IFAWPCA) in 2018. And as its youngest member, Bhutan hosted the association’s Executive Board Meeting in Thimphu, which concluded yesterday.

Plans to attract visitors to Tsimasham town

After the opening of the Damchu-Chhukha bypass in July last year, the Tsimasham town has almost dried up. The town, which was once a popular place for travellers to stop for lunch, now hardly gets any visitors. But now, the locals hope to attract tourists as a group of students work to promote the place, as part of their project-based learning. 

Carrot price drops to all time low last week

Farmers in the auction yard of Food Corporation of Bhutan (FCB)  in Phuentshogling are not happy with the price of carrot this year. The bountiful production of carrots this time is hampering the price during the auction.

Roadblocks affecting a Milk group in Gomdar, Samdrup Jongkhar

The heavy rainfall causing landslides, flash floods and roadblocks is now hampering the sale of Om Nyamley Tshogpa, a milk group in Gomdar Gewog, Samdrup Jongkhar. With the gewog center road blocked for more than two weeks, the milk group was not able to transport their milk to Samdrup Jongkhar town for sale.

Samtse town businesses sceptical about their future

The increasing number of business establishments, fewer customers, and competition with businesses in the neighbouring Indian town has the business owners in Samtse worried about their future prospects. Some say they may even have to close their shops if sales keep on dropping.

Crowdfunding portal launched, and REDCL to be the first CSI bank

The government has identified Cottage and Small Industry (CSI) sector as one of the important jewels in driving Bhutan’s economic diversification. It is also one of the largest sources of domestic production and employment.

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