Kama Wangchen: Celebrating National Day with Chabjay Namkhai Ningpo Rinpoche in Phuntsholing. Happy National Day to all fellow citizens. Pelden Drukpa Gaylo..may happiness prevail on earth.

Chabjay Namkhai Nyingpo Rinpoche presided the Ngagyur Kamai Wangchen where more than 50,000 devotees gathered in Phuentsholing. The Wangchen was administered for a period of two months (2/12/11-2/2/12). It was the second such ceremony to be conducted in the Kingdom. The first one was administered in 1983 by Dilgo Khyentse Rinpoche at Kurjey in Bumthang.

To receive Wang and Lung Some of the devotees had come from as far as Taiwan, Malaysia, Nepal and the Indian states of Arunachal Pradesh and Sikkim.

The Wangchen ended with grand Tshok offering to 3 Roots & Dharmapalas as a token of gratitude. The Prime Minister Lyonchen Jigme Y. Thinley offered Kusung Thukten Mandalas to H.H Namkhai Nyingpo Rinpoche. 

H.H was scheduled to travel to

Business Plan Format

The Business Plan format is a systematic assessment of all the factors critical to your business purpose and goals.

Here are some suggested topics you can tailor into your plan:

Capital Budgeting

The process in which a business determines whether projects such as building a new plant or investing in a long-term venture are worth pursuing. Oftentimes, a prospective project's lifetime cash inflows and outflows are assessed in order to determine whether the returns generated meet a sufficient target benchmark.   

Also known as "investment appraisal".

NPV and IRR

Perils of the Internal Rate of Return

The two most-used measures for evaluating an investment are the net present value and the internal rate of return.  (Two earlier tutorials discussed these concepts.  See the tutorials list for links to tutorials for discounting future income and the internal rate of return.)

It is often assumed that higher is better for both of the net present value and the internal rate of return.  In particular, it is usually stated that investments with higher internal rates of return are more profitable than investments with lower internal rates of return.

However, this is not necessarily so.  In some situations, an investment with a lower internal rate of return may be better, even judged on narrow financial grounds, than an investment with a higher internal rate of return. This interactive lecture explores why and when this reversal takes place.

To review, both the net present value and

Future Policy Award 2011

Congratulations to Rwanda’s National Forest Policy, initiated in 2004, for winning the 2011 Future Policy Award. The Gambia’s Community Forest Policy and the USA’s Lacey Act with its amendment of 2008 took home the Silver Awards. The three policies in the world which most effectively contribute to the conservation and sustainable development of forests for the benefit of current and future generations were announced at the UN headquarters in New York

Forest Policies from six countries shortlisted for Future Policy Award were:

Drukair launches its flight to Guwahati Thursday, October 28, 2010 Drukair, the national flag carrier, will now fly to Guwahati with the launching of its maiden flight yesterday. This is expected to bring in more Indian tourists to the country. The 35 to 50 minutes duration flight from Paro to Guwahati will fly over the Dobji Dzong and

Bhutan Nepal trade talks Tuesday, May 24, 2011 Bhutan and Nepal began talks in the capital Thimphu today to draft a trade agreement between the two neighbouring countries. Trade between Bhutan and Nepal has been growing steadily though there is no formal trade agreement. In 2008, the volume of trade between

What William and Kate Can Learn from Royals Around...

What William and Kate Can Learn from Royals Around...: "Posted: Sunday, March 20th, 2011 Kate Middleton and Prince William As Prince William and Kate Middleton look forward to life after the w..."

Tata visits Bhutan

During the brief visit of Mr. Ratan Naval Tata to Bhutan he said " We are very willing to participate, not necessarily to make money”.

The prime minister presented a gist of Bhutan’s development priorities and goals, including the need to deepen the roots of democracy. He said Bhutan aimed to be economically self-reliant through investments in hydropower, tourism, organic branding and positioning itself as a regional service hub in the fields of finance, education and health.

Bumthang goes organic

Monday, April 18, 2011 Organic farming is fast gaining popularity in the picturesque valley of Bumthang. Organic farming was introduced in 2008 with the formation of a farmers association in Choekhor Geog. The association had only five

New Trends in Green Business Initiatives

With all the talk of becoming “carbon neutral,” there are many Green business initiatives that are helping companies in their efforts to become sustainable and leave little or no carbon footprint. What can you do to promote a healthier environment and limit your consumption of energy and materials?

National HRD policy released

Thursday, 27 January 2011 15:27 | Written by S Dorji |

Human resources 27 January, 2011 - The labour ministry released yesterday in Thimphu the country’s first national human resource development policy (NHRDP) that will, among other things, try and solve the “mis-match” in labour demand and supply.

Mayor of Bhutan

First ever elected mayors of Bhutan's category A Towns

Special Economic Zones

 Special economic zones (SEZs) along the southern belt to boost industrial development that has been talked about for years could see some movement on the ground with the paper formalities for its establishment.http://bit.ly/eEfpRS