Bhutan Tender and Business News

An Aging Asia Creates Challenges for Its Leadership

For most of history all populations in the world grew with more children compared to the adult populations. Now Asia is facing a crisis because of the presence of less children and a higher percentage of adults. Representatives across the region gathered June 12-13 in Mongolia to discuss the issue.

Regional Cooperation A Must To Deal With Water Problems in South Asia

Climate change may be a major contributor to water problems in South Asia, with rapidly changing heat, rainfall, and flooding creating havoc. A second major problem is the lack of effective regional cooperation between Asian countries such as Bangladesh, Bhutan, China, India and Nepal.

Bhutan Is the Fastest Growing Economy in Asia

Until the 1960s, the South Asian nation of Bhutan, did not have phones, an airport, hospitals, a postal service or a national currency. Today, it is the fastest growing economy in Asia, according to a new report from the Philippines-based Asian Development Bank.

Sustainable Human Development Requires Far More Inclusion

Human development is progressing and has recently made major strides in many areas, but many are still left behind, with systemic and often unmeasured barriers to catching up. A new UN report urges a stronger focus on those excluded and on actions to dismantle these barriers to ensure sustainable human development for all.

First Global Dialog on Happiness Held February 11 in Dubai

According to the World Health Organization, depression is already rapidly climbing its way into the ranks of the top three biggest diseases in the next 15 years. That's the reasoning behind holding the first Global Dialog on Happiness in Dubai on February 11, in which Governments were urged to follow Bhutan's visionary example of prioritizing citizen happiness as public policy.

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.

Bhutan Wins Global Enterprise Registration and Awards

Bhutan's new eRegulations information portal and Cameroon's received Global Enterprise Registration awards week during the opening reception of the 2016 World Investment Forum. Bhutan was also singled out for the top honor in a separate award to make entrepreneurial startups easier.

Bhutan's National Happiness Index is Impacting Regional Road Connectivity

Uniquely in the world, Bhutan has a ‘gross national happiness’ philosophy which it uses to guide government policy in a number of areas. That happiness philosophy, however, is creating some friction in the new BBIN infrastructure agreement connecting Bhutan with its “BBIN” neighbors.

Worldwide Cost of Lead Exposure in Developing Countries Almost $1B Annually

The problem of children around the world being exposed to lead -- and the many medical consequences of that -- is still significant even in the 21st century. A study just published by New York University shows the annual economic cost of lead exposure at $977 billion worldwide, with ~$700 billion of that happening just within Asia.

Bhutan Smallholder Farmers Get Help to Boost Hazelnut Yields

Bhutan smallholder farmers will receive more than $25 million investment from different organizations and two developed countries, Canada and Sweden, to boost production capacity of the country's hazelnut produce and lift about 15% of the population out of the poverty line.

RMB Reaches Nearly 40% Adoption Across Financial Institutions Worldwide

SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.

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