Category: Economy

Economic prospects of air services in Bhutan

Countries in the Himalayan range have greater advantage to use air services as means of transportation against land transport, thanks to mighty hills and deep valleys. The combined cost for construction of roads and other infrastructure to reach villages would easily equal to investment in air services. No exception,...

RTM and silent Diaspora

The first Round Table Meeting of the Bhutanese donors since the beginning of resettlement process is scheduled for Thursday and Friday in Thimphu. This is also the first RTM held by an elected government in Bhutan. UNDP is coordinating the event where some 40 development partners of the country...

The Economics of Happiness

by Jeffrey D. Sachs NEW YORK – We live in a time of high anxiety. Despite the world’s unprecedented total wealth, there is vast insecurity, unrest, and dissatisfaction. In the United States, a large majority of Americans believe that the country is “on the wrong track.” Pessimism has soared....

Barter booms in recession

Barter is the oldest form of trade. The flourishing capitalism banished the system for it lack monetary transaction. Also, barter fails to fetch satisfaction to people for they fail to get what they want in exchange. Barter is anti-capitalism. And for years and centuries, as we live under capitalism...

Bhutan land scam

Following Tenzing Lamsang’s report on land grab history in Bhutan, hot public debate has surfaced. There are so many resources through which Bhutanese citizens could know the fact about unreported massive corruption prevailing in Bhutan under monarchy. No matter, the whole of southern Bhutan’s land was grabbed illegally by...

Tourism in Bhutan can be second largest industry

Regarded as the most unexploited and hidden land in world, Bhutan has immense potentiality to attract tourists from around the world. If well planned, given best quality services and promoted well in market, tourism is Bhutan will definitely form second biggest industry in Bhutan after hydropower. The government needs...