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Sunday, September 21st, 2014 - 1:58 AM
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Global competitiveness report ranks Bhutan 109 out of 147

WEF: Among 147 economies around the world, Bhutan ranked 109 when it came to how competitive it was in providing a business friendly environment and incentives.  This report was released to the media by Druk Holding and Investments yesterday.

Bhutan joined for the first time in measuring where it stood in competitiveness ranking.  The ranking is carried out by the world economic forum in Switzerland.  Similar to the ease of doing business ranking, the [... Read More]

Editorial

A black mark for Bhutan

When word went around yesterday that a Bhutanese woman was detained at the Suvarnabhumi international airport in Bangkok for alleged smuggling controlled substances, the instinctive question was how did she manage to take it out of Paro.

More worrying, going by the talk, was that custom officials at the Paro airport couldn’t detect it.  The concerns are valid, as the amount of the substance smuggled was huge, 4.9kg of ketamine, and it had to go through [... Read More]

Breach of trust suit for BICMA?

Broadcast: DrukSel TV promoters said they would take Bhutan Infocomm and Media Authority (BICMA) to court if it fails to stick by the terms and conditions indicated in the expression of interest (EoI) in issuing television broadcast service (TBS) license.

The promoters have said they would pursue legal actions if BICMA “doesn’t re-announce reapplication or ever attempt to alter the EoI to suit any applicant.”

DrukSel TV was one of the four private contestants that [... Read More]

“Bhutan is open to business” : PM

PM-at-CII-Godrej-Green-Business-centreOn Business: PM Tshering Tobgay tours the CII Godrej Green business centre in Hyderabad

Visit: While New Delhi was his first official destination, Hyderabad was his first business destination, Lyonchhoen Tshering Tobgay said, when he met officials of IT companies yesterday in the capital city of the Indian state of Andhra Pradesh.

Given the favourable conditions in Bhutan for the development of IT industry, such as reliable hydropower and good working environment, Lyonchheon said the companies could establish their offices in Bhutan to backup their critical operations.

At the [... Read More]

No eligible candidate steps up to the plate in Samdrupgatshel

In the event, the post remains vacant, the thrompon will take up the slack

Thuemi: Despite having called for a by-election for the post of Samdrupgatshel thuemi since it became vacant following the demise of the former thuemi on August 20, no candidate has come forward expressing interest to contest.

Samdrupjongkhar’s dzongkhag election officer, Sangay Dendup said they were already done with the groundwork and found that there are no eligible candidates from the thromde [... Read More]

Farm houses gear up to give home-stay feel

IMG_4723On display: Ugyen Tshomo’s handicraft at her home stay

Apparently only three of the 20 farmhouses identified for the facility are operational

It  is that time of the year again when resorts and hotels in Chamkhar begin sprucing up rooms and surrounding areas to welcome tourists.

Apart from tourists lodges and resorts, a few farm houses that provide home-stay facility to tourists, especially when all rooms in various lodges in the valley are occupued, are preparing to host guests.

Besides preening the rooms, owners of these two [... Read More]

Picture story

About 18 academic and club coaches are undergoing five days training starting September 1 to hone their coaching skills. They are taught on theoretical aspects of modern trends of football such as changes in the game knowledge and skills by the new generation of players. They are also taught to enhance knowledge to train the players professionally.

Being conducted by Mr. Vincent Subramaniam from [... Read More]

11 killed in explosives mishap at Haa, 10 injured

haa-bombEmergency: Hospital and RBA officials transfer the critically injured into ambulances at the Lungtenphug helipad yesterday

The fatalities and wounded belonged to an unserviceable ammo disposal unit of the RBA 

Accident: Eleven ammunition technicians of the Royal Bhutan Army (RBA) were killed yesterday in Haa, after the unserviceable ammunition they were trying to dispose of exploded around 10am.

Another five, in critical condition, were airlifted to Thimphu referral hospital yesterday afternoon, while another five, including a storekeeper and a driver, are recovering at the IMTRAT hospital in Haa.

Of the 11 dead, [... Read More]

Wooing Indian investors

IMG_1461Lyonchhoen addresses the business meeting at the Leela Palace’s ballroom

FDI: With the country’s Foreign Direct Investment (FDI) permitting investment in Rupees and allowing Indian investors majority share holdings, Bhutan, Prime Minister Tshering Tobgay said was keen on attracting more investments from India.

The prime minister was addressing the business luncheon meeting with officials of the Associated Chambers of Commerce and Industry of India (ASSOCHAM), federation of Indian chambers of commerce and confederation of Indian industry.

He said there were about 14 Indian companies with [... Read More]