Tag Archives: Economy

Cabinet approves RNR Research Policy

The cabinet recently approved the Renewable Natural Resources Research Policy of Bhutan 2012. In the face of the ban on vegetable imports, the policy is deemed timely by experts as it responds to the emerging challenge of transforming Bhutanese agriculture from subsistence to a commercial-based economy in the 10th Five Year …

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Understanding the Rupee Report

The Rupee Shortage Task force report submitted on 5th March 2012 is overall a comprehensive report that gives dire warnings if measures both short term and long term are not taken to curb the crisis. The strength of the report is indisputable facts and figures that show that the Bhutanese …

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Understanding Young Bhutan

Bhutanese youth are having a significant impact on various aspect of our society, media, culture, politics, economy and etc but still are a misunderstood lot. The media as an example is one institution where the average age of most journalists is under 25 with even senior editors in their early 30’s or late …

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Three crises that created the Rupee crisis

  The rupee crisis is a combination of three other crises affecting the Bhutanese economy. They are namely, the trade crisis, the financial management crisis and also the individual lifestyle crisis. The rupee crisis being an individual lifestyle crisis can be best summed up in the saying, ‘Bhutan is a …

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Fronting Report vanishes along with Rupee

With the Bhutanese economy being hit by a severe rupee crunch, people say one of the causes is fronting of businesses, especially in the manufacturing sector. But the government officials The Bhutanese talked to feel fronting could not be a cause of rupee crisis as much as it is believed …

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Facility to patent your invention in Bhutan

But inventors will need to wait two years for a patent to be registered  The intellectual property division (IPD) of the ministry of economic affairs (MoEA) has finally established a registry for patents as mandated by the Industrial Property Act of the kingdom of Bhutan, 2001. This means inventors are …

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Bonding during a crisis

  The rupee crisis has not only hit Bhutan’s economy but it has also stung our national pride and confidence. This is not just an economic crisis for the nation but also a painful and uncertain time for every Bhutanese from humble farmers to business tycoons. However, it is only …

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