Payment gateway not feasible for startups

According to startups, the international payment gateway that the Royal Monetary Authority (RMA) initiated recently is not feasible for them to use. The startups shared the use of international payment gateway had many requirements and it will be challenging for them to use it. To avail payment gateway facilities, interested merchants would require fully functional […]

Construction sector suggests 50:50 expense on the cost incurred for the entry of foreign workers

Since the entry of skilled workers into the country would have huge cost implications on the contractors, the construction sector suggests that the cost should be borne 50:50 by the government and contractors, according to General Secretary, Construction Association of Bhutan (CAB), Tshering Yonten. The Department of Immigration notified that foreign workers’ entry in the […]

Buyback The Miss-Coined & Misunderstood Concept – Yeshey Dorji

The miss-coined concept that has been popularized as “buyback” is once again doing the rounds in the corridors of power – that of the Ministry of Agriculture. This is the state of our bureaucracy – they do not even know what they are talking about. They either do not understand English or, failing that, they […]

Second time plastic ban not a success story

Twenty years after Bhutan first banned the use and sale of plastic carry bags, doma wrappers, and ice cream pouches, the ban was reinforced nationwide again on April 1, 2019. However, one year later the ban is not a success story. Plastic bags and doma wrappers are still available in the market at the moment […]

WHO recommends use of facemask in specific conditions

The World Health Organization (WHO) recommends wearing two types of medical and fabric facemask according to who wears it, when, and where. A surgical mask is recommended to be worn by health workers, people who have COVID-19 symptoms, those who take care of someone confirmed with COVID-19 pandemic, people who are aged 60 and above, […]

Housing sector benefits most from loan waiver in April

The sector-wise interest waiver in April has benefitted the housing sector most compared to other sectors in the country. The total interest waiver for the month of April amounted to Nu 1.2bn. There are nine sectors categorized for interest waiver. More than 136,096 loan accounts were benefited.   A total of 16,460 loan accounts benefited in […]

Push the development agenda

The COVID19 has taken its toll. We are a small nation grappling with resource shortage even as we tackle the pandemic. It is a given right now that we should be according priority to offsetting the impact of COVID wherever and whenever possible. Heroes on the frontline are responding against it in their collective capacity […]

Shoot up in transportation cost of construction materials worries contractors

The labor charge incurred for the loading and unloading of construction materials in the mini-dry port in Phuentsholing has raised the transportation cost, said General Secretary, Construction Association of Bhutan (CAB), Tshering Yonten. Due to the coronavirus pandemic, the goods and materials procured from neighboring India has to come into country via mini-dry port in […]

Deferring LTC, not a desirable option: NC members

The National Council (NC) deliberated on the National Budget Report for the Financial Year 2020-21 which also included the Budget Appropriation for FY 2020-21 and the Supplementary Budget Appropriation for FY 2019-20. Deliberating on the report, some members raised concerns over the government’s budget policies of deferring Leave Travel Concession (LTC) and withholding transfer benefits […]

No written instruction from SC: Sakteng Drangpon

Wamrong battery case – update While the local media on June 5 quoted Officiating Chief Justice of Bhutan (OCJB) Kuenley Tshering as saying that the Supreme Court (SC) had already directed the Sakteng Drangpon to handle the case, Sakteng Drangpon Tenzin Dorji told Business Bhutan that he was assigned to handle the Wamrong battery case […]