Consulting tourists...

So the government has accepted and decided to implement McKinsey’s recommendations for the tourism sector. And it seems like we are paying a lot of money – almost 10 million dollars – to a consulting firm to tell us what we already know. Attracting high end visitors, promoting ecotourism, making Bhutan a destination for international [...]

High value...

“Magic!” is how tourists often describe their visits to Bhutan. Druk Air, dzongs, monasteries, farm houses, forests, gho and kira, red rice, mask dances, traffic policemen, archery, Mahayana, GNH, the people … anything and everything Bhutanese completely captivates the visitor. What tourists also love is the exclusiveness of a visit to Bhutan. So it’s no [...]

Be Somebody!...

The National Graduate Orientation Programme is over. And 1,300 graduates have now entered the workforce. I didn’t get to congratulate them. So I’ve decided to write about what I would have talked about had I been given the opportunity to meet them. First, I would have talked about employment. Then I would have talked about [...]

Returning graduates...

Since the start of planned modern development in our country, one of our biggest constraints to progress has been the consistent shortage of human resources. We simply did not have enough skilled and qualified people required to initiate and sustain development. So when our students studying in India and beyond returned home after they graduated, [...]

Targeting the rain...

archery targets

Yangphel Archery’s second knockout round began today. The 14 winning teams and 10 “joker” teams from this round will make it to the quarter finals. And the 8 winners plus one joker from the quarterfinals will play the semifinals. The tournament began on 4th July. And during the last seven weeks 182 matches were played. [...]

Real money...

Wanted

Recently, on the 9th of August, Kuensel published a story about the Rs. 5 billion that our central bank had borrowed in 2008 to meet the rupee requirements in the country. On that overdraft, our central bank is pays more than Rs. 500,000 every day on interest alone. That same story also informed us that [...]

About measures and incentives...

Last week, the government announced that they “…will be introducing measures to expand the revenue base.” And, that they are “…also considering fiscal incentives to stimulate the private sector growth…” These announcements were made, quietly, in the government’s National Budget for 2009-10. But, the budget report offered no details. These are significant financial policies. So, [...]

Farmers’ produce...

Not much

Our economy grew by 8.1% last year. That’s not the 9% growth per year promised by DPT. But, given all that happened in those 12 months, from a host of national celebrations to the global financial crisis, 8.1 is really not too bad. The share of the primary, secondary and tertiary sectors to our GDP [...]

Our debt...

Yesterday, the Finance Minister reported that Bhutan’s total debt outstanding is Nu 35,109.3 million. That’s about 56.7% of our GDP. In other words, every citizen owes Nu 64,000 of that debt. Or, assuming the average family has five members, every family would owe Nu 320,000. The good news is that most of that debt – [...]

In total darkness...

We’ll be up by five tomorrow morning, to take in the total eclipse of the sun from Kuenselphodrang. Many of my neighbours – indeed, many Bhutanese – will also enjoy this very rare natural phenomenon when the moon completely blocks out the sun. Bhutan, after all, falls bang on the path of the total eclipse. [...]

Page 4 of 7« First...234567