Tags: trade

The vicious circle of politics and economy

Historically, politics and economy were one topic. Only recently they are being studied separately. Politics and economics have integral relations and it would not be plausible to assume the existence of one without another. Economic dimensions have impact on market and economic reforms, economic performance and system influence the benefits, cots and risk of doing…

Creating value in goods gives sustainability to business

Designing and implementing appropriate strategies are fundamentals for a business to make profits and maintain sustainability. Strategies are planned actions to achieve goals. Differentiation strategies result in more value creation in a product, which means the consumers are willing to pay more for the product than its actual cost. This essentially increases profits. A firm…

Two super power diverted world attention this week. America voted for continuity to its existing leadership while China is going through sweeping leadership reshuffle. And these two leaders have immense responsibilities to ensure a better economic picture the world is expecting. American economy performed well below expectation during the first tenure of Barak Obama. Internal…

While leaders at the mainland Europe take one more step towards creating a full scale banking union, not a troubled nation like Greece but a stable nation like United Kingdom is talking a breakaway from the union. Earlier, Greek communist party, which emerged as second biggest party in the latest election, had warned to reject…

Ripples of US’s growth forecast is felt in Asia. The stock markets in Asia fell Thursday as investors registered dismay at initiative taken by the Federal Reserve to try to invigorate the stalled US recovery. After a prolong debate on Wednesday, the Federal Reserve said it was extending a program called Operation Twist, under which…

Bhutanese Finance Minister Wangdi Norbu said cause behind rupee shortage in the country is import exceeding export. In response to questions raised by lawmakers on Tuesday’s session of parliament, Mr Norbu said that rupee crisis of today was not a problem of solvency and thus not a problem to repay loans. His statement was a…

Raju Adhikari JHAPA, May 30: Businessmen and politicians in Jhapa have proposed to the government to import the surplus from the electricity that India buys from Bhutan to provide relief from load-shedding in the district. The businessmen and political leaders, who have already furnished a formal proposal to the government, claimed that 250 MW of…

The big business companies are not interested for investment in Bhutan due to limited market expansion possibilities. However, the government and the donors are doing enough to attract more investments or create more business opportunities for citizens. As part of that initiative, Bhutan Innovation and Technology Centre (BITC) located at the Thimphu TechPark has announced…