Thimphu Business News

We believe that the country can grow rapidly in the near future,” said Rashad Kaldany, Vice president for Middle East and North Africa, East and South Asia and global infrastructure of IFC. He said IFC offered services and experiences both...

There are currently, 423 guest(s) and 23 member(s) that are online...The ministry of economic affairs has decided to allow foreign direct investment in existing industries, provided there is an increase in equity base without the acquisition of existing shares. �Foreign...

Kinley Penjore, a former monk from Bje Gewog in Haa, started the shop in November last year. He purchased a refrigerator and other basic necessities and hired a small room for Nu 10,000 a month at Hongkong market. Initially, he...

23 November 2009 Private sector in Bhutan has not been able to play a bigger and desired role even with substantial development in construction of major hydropower projects, according to Asian Development Bank’s (ADB) latest report.

The old man shook his head. “What am I going to do with more fish?” The merchant smiled at the old man’s naivety. “You can sell it and earn more money,” he suggested. “And what am I going to do...

This growth was triggered by the substantial growth in the secondary sector. During the fiscal year 2007-2008, Bhutan experienced a trade deficit of Nu 2.9 billion to a trade surplus of Nu 2.1 billion as in 2006-2007...In terms of the...

Druk Holding and Investments, Druk Green Power Corporation and Bhutan Power Corporation will adopt the SAP platform across their power generating facilities to enhance overall operations. SAP (System Analysis and Programme Development), the world’s leading provider of business software...

The projects are to be given out on design, build operate, finance and transfer basis and are part of third phase of the National Highways Development Project, the government's programme to develop road infrastructure. Major projects, cleared by the Cabinet...

Oct 2009, 0216 hrs IST, Suchetana Ray, ET Now Text: Power Trading Corporation (PTC) India announced its unaudited financial results for the quarter ended September 30, 2009. The company has posted a net profit of Rs 30.8 crore for the...