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Business

Ginger price slumps

Agriculture: Much to the disappointment of farmers who are shifting to cash crops, the price of ginger this year has dropped by half in Samdrupjongkhar.

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SKW-Tashi Metals retrench 160 employees

The FDI company has shutdown for an indefinite period

Employment: SKW-Tashi Metals and Alloys Private Limited, a Foreign Direct Investment (FDI) business in Pasakha has retrenched 160 employees recently. The FDI firm is also shut at present.

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Exploring the spillover benefits

The central bank will carry out a research to study the benefits

Hydropower: The indirect benefits of the hydropower sector are overlooked and many other economic opportunities circling the sector remain unexplored, which otherwise could enrich the country’s economic output.

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Petrol price drops

Fuel: The price of petrol in the country has dropped by about Nu 1.07 beginning today. This is the second drop in price in less than two weeks.

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Limestone powder export to Bangladesh halted

Export: Export of limestone powder to Bangladesh has been halted since February 7. Bangladeshi customs at the Burimari border, it is learned, has issued a Statutory Regulatory Order (SRO) that limestone powder falls under the Harmonised System (HS) code 2517.

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