Bhutan News

Bhutan News

Global competitiveness report ranks Bhutan 109 out of 147 0

gettyimages_73184546Source: Kuensel Online

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. More…

Bhutan PM invites India Inc to invest 0

174509579-3033f1cef3e95687deb03fcc6446829652f3d0de-s40Source: TwoCircles.net

Bhutan Prime Minister Lyonchhen Tshering Tobgay Tuesday invited Indian industry to invest in Bhutan and explore the Himalayan country’s potential.

Interacting with industry members here, the Bhutanese Prime Minister pointed out that Bhutan has good working environment and quality workforce and Indian industry can build upon this foundation. More…

Bhutan seeks more foreign investments in hydro power sector 0

Bhutan HydropowerSource: Business Standard

Bhutan is looking at attracting more foreign investments and greater private participation in expanding the country’s hydro power sector.

“We encourage private sector participation in the hydro power sector. We encourage Foreign Direct Investment (FDI),” Bhutan’s Prime Minister Tshering Tobgay said here today, addressing industry chambers – CII, Ficci and Assocham. More…

Bhutan PM’s first India visit begins 0

174509579-3033f1cef3e95687deb03fcc6446829652f3d0de-s40Source: Hindustan Times

In his first trip abroad as the new prime minister of Bhutan, Tshering Tobgay will be paying an official visit to India from August 30 to September 4.

India is set to roll out a financial assistance of Rs. 5,400 crore, which includes the traditional support for Bhutan’s five year plan and Rs. 500 crore as a economic stimulus package for the neighbour. More…

India plans Rs 5,400 crore in aid to Bhutan 0

bhutanSource: The Indian Express

India is working on a Rs 5,400-crore financial aid to Bhutan as its newly-elected Prime Minister Tshering Tobgay is set to visit New Delhi from August 30 to September 2.

According to top government sources, New Delhi and Thimphu are chalking out the financial assistance in three categories — Rs 4,500 crore for the 11th Five-Year-Plan, Rs 500 crore as an “economic stimulus plan” and Rs 400 crore for spill-over activities from the previous 10th Five-Year-Plan. More…

PM meets Federation of Nepalese Chamber of Commerce & Industry delegation 0

Lyonchhen meets FNCCI delegationLSource: Bhutan Observer

Lyonchhen Tshering Tobgay today met a 13-member delegation from the Federation of Nepalese Chamber of Commerce & Industry (FNCCI) at the Gyalyong Tshogkhang. More…

India promises to provide economic assistance to Bhutan 0

Bhutan MountainIndia has promised to provide economic assistance to Bhutan during a visit to the Himalayan kingdom by a high-level delegation of New Delhi last week, said local media Sunday, as reported by China’s state news agency Xinhua.

India’s National Security Advisor Shivshankar Menon and Foreign Secretary Sujatha Singh, who are on a three-day visit to the neighboring country, met with Bhutan’s newly appointed Prime Minister Tshering Tobgay at Thimphu Friday, Times of India reported. More…

Bhutan's New Prime Minister Says Happiness Isn't Everything 0

Tshering Tobgay receives appointment as prime minister in the Bhutanese capital, Thimpu, last week.

Tshering Tobgay receives appointment as prime minister in the Bhutanese capital, Thimpu, last week.

Reposted from NPR
By Scott Neuman

Sad but true, Bhutan’s Gross National Happiness index is not immune to politics.

Much has been made in recent years of the measure preferred by the tiny Buddhist kingdom over such cold and utilitarian Western-style metrics as gross domestic product. More…

Bhutan’s New Prime Minister Says Happiness Isn’t Everything 0

Tshering Tobgay receives appointment as prime minister in the Bhutanese capital, Thimpu, last week.

Tshering Tobgay receives appointment as prime minister in the Bhutanese capital, Thimpu, last week.

Reposted from NPR
By Scott Neuman

Sad but true, Bhutan’s Gross National Happiness index is not immune to politics.

Much has been made in recent years of the measure preferred by the tiny Buddhist kingdom over such cold and utilitarian Western-style metrics as gross domestic product. More…

India to restore subsidised gas supply to Bhutan from August 1 0

India will restore the supply of subsidised gas to Bhutan from August 1, a month after it was halted and became a campaign issue.

India will restore the supply of subsidised gas to Bhutan from August 1, a month after it was halted and became a campaign issue.

Reposted from The Economic Times
By PTI

India will restore the supply of subsidised gas to Bhutan from August 1, a month after it was halted and became a campaign issue in the Himalayan Kingdom’s second national polls.

“We have obtained and completed all clearances– technical and administrative. We are ready to supply the subsidised cooking gas and kerosene from August one,” officials sources said here today. More…

css.php