English | Dzongkha Wednesday, August 12, 2020

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.

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.

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