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Business

ACC investigation slows business in P/ling

Several business entities have closed shop and banks expect a drastic drop in imports

Trade:  In the aftermath of the ongoing Anti-Corruption Commission’s (ACC) investigation, several business entities in Phuentsholing, mostly grocery stories, have stopped importing commodities.

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Bleak start for Visit Bhutan year

Despite increase in tourist arrivals, spring hasn’t been as promising in bringing in international tourists

Tourism: Despite tourists cancelling their trips to Bhutan following the Nepal earthquake, the country recorded an increase in international tourist arrivals this year.

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Poor potato price worry farmers

Potatoes selling at half the price of last year

Business: The mood among farmers of eastern Bhutan, who are in Samdrupjongkhar to sell their potato, is as gloomy as the weather with potato not fetching expected price this year at the auction yard.

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DHI to take land ownership of its companies

A land policy has been framed to safeguard land against privatisation

Resources: The Druk Holding and Investments (DHI) will be transferring the ownership of some hundreds of acres of land that are with the DHI owned companies, to ensure that the land remains as state property for all times to come.

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