Is it Really Easier to Do Business in Bhutan?

Creating an environment conducive to businesses is a top priority in Bhutan. The private sector is where jobs are created. That's why the World Bank's annual Doing Business report, which includes the famous Ease of Doing Business ranking, is a yearly ritual that businesspersons, investors, decision makers - and the public - are watching carefully. The report for this year was published on Thursday.

Business Opportunities Corner: Key duplication

The topic of youth unemployment has been discussed constantly in every possible medium. Starting a small business can be rewarding and interesting, but it is never easy. Should one open yet-another-shoe-shop? A few individuals with entrepreneurial spirit have recently launched great businesses, such as ShoeVival and Greener Way.

Shoe reincarnation

"Don't you mess with me, Mr. Dawa!"

I recently had two beaten pairs of sneakers come back to a new life with the help of ShoeVival, the new Thimphu-based shoe laundry service. Much has been said about the small business and its owner, Mr. Dawa Dakpa (see stories in Business Bhutan and Bhutan Observer). Add me to the list of fans. Mr. Dawa came to pick up the shoes, gave the soulless trainers his famous treatment, and delivered them back - all fresh and new - after two days. At Nu 120 per pair, this is a fraction of the cost of new sneakers. Highly recommended.