A challenge that many startup entrepreneurs face comes in regard with pricing their final product. Some of them said, regardless of cost reduction during production, they are unable to compete in the market when the imported products dominate the market.
Bhutan has a tough road post-Covid-19 economic recovery, as India is one of the hardest hit economies. This is according to the chief of Global Economic Monitoring at the UN Department of Economic and Social Affairs (UN-DESA), Hamid Rashid, one...
The third Annual Cottage and Small Industry (CSI) Fair 2019 began yesterday at Changlimithang in Thimphu coinciding with Global Entrepreneurship Week.
Around 60 entrepreneurs from across the country displayed varieties of local arts and crafts products, food items, religious items, metal products, and utensils.
Bhutan ranked 28 among 190 countries in trading across the border parameter. Bhutan’s highest parameter score was recorded in this parameter with 94.25 points out of 100. This means import and export regulations and procedures are easier for Bhutanese businesses.
While importing and exporting are easy, getting credit is not a straight forward task for Bhutanese businesses. Bhutan is ranked 85th in ease of getting credit.
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