...Introduction about Druk Air Corporation Limited Drukair Corporation Limited operating as Drukair — Royal Bhutan Airlines is the national airline of the Kingdom of Bhutan. Its headquarters are in the western districts of Paro. Founded in 1981, ten years after the third king Jigme Dorji Wangchuck gradually began to open up the kingdom from self-imposed isolation, and seven years after welcoming its first foreign visitors, the airline commenced operations in 1983 with flights from Calcutta to Paro. A switch to BAe 146-100 equipment occurred in November 1988, and in order to meet increased demand, those aircraft were replaced in 2004 with two Airbus A319s. Drukair operates a modest scheduled flight network within the South Asian region from its base at Paro Airport and currently consists of eight destinations in five countries. Bhutan has drawn a Vision 2020 Plan, as part of its Five Year Development Plans targeting several sectors for development, which includes improved external air links by 2017 that would enable increase in income from tourism from 100% (by 2012) to 150% (2017) coupled with completion of second National Highway by 2017. It has also signed several memoranda of understanding with the government of India, not only to enhance air traffic facilities and operations but also to help Bhutan during emergency situations of floods and earthquake affecting the Paro Airport. Today, Drukair is a professional corporate entity under the aegis of the Druk Holdings Investment...
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...INSTITUTE OF DEVELOPING ECONOMIES IDE Discussion Papers are preliminary materials circulated to stimulate discussions and critical comments IDE DISCUSSION PAPER No. 256 Performance of Financial Institutions in Bhutan Dil Bahadur Rahut* Iván Velásquez Castellanos** Pravakar Sahoo*** Abstract The Kingdom of Bhutan is a small landlocked country in South Asia, located in the eastern Himalayas, and bordered by India and China. Bhutan is a small and fragile economy with a population of about 687,000. Nevertheless, its banking system plays an essential role in the growth and development of the country. This paper analyzes the financial performance, the development and growth of bank and non-bank financial institutions of Bhutan for the period 19992008 using both traditional and data envelopment analysis (DEA). The DEA analysis shows that financial institutions in are efficient and Bhutan National Bank has been the most efficient one. Overall, the paper finds that the ROE of the financial institutions in Bhutan are comparable to the international banks. Key words: Financial institution, performance, loan, deposit, net income, Bhutan. JEL Classification: G20; G21; G28; O16 *Chief, Research, Planning and Monitoring Department, Bank of Bhutan, Bhutan. Email: dilbhutan@yahoo.com **Bolivia Country Programme Coordinator, Konrad Adenauer Stiftung (KAS). Email: velasquezivanomar@yahoo.com ***Associate Professor, Institute of Economic Growth, New Delhi, India and Visiting ...
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...settle down with local suppliers. This is a grave threat to the cult image and “satisfaction driven sustainability” is the need of the hour. VALUE CHAIN STRATEGY Royal Enfield is a niche brand. To maintain this, the supply always needs to be kept lower than the demand. We cannot expect an extensive distribution model because that will have a cascading affect leading to mass penetration. The company has two distribution models: Exclusive brand stores and Dealerships. The company has been promoting its brand stores and going forward to establish that connect and to be at par with foreign brands such as Harley Davidson and Triumph this is the mantra that needs to be highlighted. Campaigns like the “Himalayan Odyssey”, “Leave Home”, “Tour to Bhutan” et al have been successful in cultivating the spirit of masculinity and adventure among the youth. What started off as a single campaign has now off-shooted across various territories to garner maximum target support. The concept of Rider Mania – an annual biker fest with Royal Enfield riders participating from across the country is a great idea to integrate the community. Another possibility is to work at a micro level and create a stronger brotherhood locally – monthly meets, travel talks and small rides. Royal Enfield has been cutting down on its vendor base with a sharper focus on quality. Major ties with reputed manufactures such as Pricol for speedometers, Minda for electrical fittings and Dunlop for tyres have been helping boost...
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...Chorus We can go all around the world We’ll visit every corner of this earth We’ll go all around the world You and I, we’ll visit everywhere Verse 1 I wanna go on a safari in Africa And visit Namibia and Zambia Lions and tigers and bears oh my Um..bears aren’t common in Africa Why? You ever take a stroll in a fur coat in really hot weather? No..well a bear wouldn’t wanna do it either OK..now let’s get back to the song So many places to go and we can start with Niger Benin, Burundi, and Botswana We’ll go there and then visit Ghana I bet you didn’t know English is the Official language of Nigeria Togo sits right below A country called Burkina Faso We should visit Maseru which is the capital of Lesotho Pre-Hook Kenya, Chad, Malawi, Congo, Zimbabwe, Sudan, Gabon, Morocco Mali, Uganda, and Comoros, Rwanda, Ethiopia--let’s go Cote d’ Ivoire, Mozambique, Central African Republic, Cameroon, South Africa, Sierra Leon, and Senegal So many places I wanna go And I hope that you’ll be coming along Chorus We can go all around the world We’ll visit every corner of this earth We’ll go all around the world You and I, we’ll visit everywhere Verse 2 Yep, still in Africa That’s right you guessed it It’s a huge continent Of course we haven’t left yet Guinea, Guinea-Bissau, Equatorial Guinea Can’t wait to pay a visit to all three Cape Verde, Eritrea, and Djibouti, Madagascar I remember that movie Let’s see Tanzania and Swaziland Tunisia, Somalia, and...
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...HP Pavilion dv7 Entertainment PC Maintenance and Service Guide © Copyright 2008 Hewlett-Packard Development Company, L.P. Athlon and Turion are trademarks of Advanced Micro Devices, Inc. Bluetooth is a trademark owned by its proprietor and used by Hewlett-Packard Company under license. Intel and Core are trademarks of Intel Corporation in the U.S. and other countries. Microsoft, Windows, and Windows Vista are U.S. registered trademarks of Microsoft Corporation. SD Logo is a trademark of its proprietor. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein. First Edition: August 2008 Document Part Number: 469058-001 MSG revision history Revision A Publication date October 2009 Description The audio/infrared board spare part kit does not include an audio/infrared board cable. The audio/infrared board cable is included in the Cable Kit, spare part number 480474-001. The information was updated in the following locations: Computer major components on page 18, Sequential part number listing on page 37, and Removal and replacement procedures on page 47. iii iv MSG revision history Safety warning notice WARNING! To reduce the possibility of heat-related...
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...the volume of intra-regional trade increased only marginally which did not meet the purpose of SAPTA. In order to produce more the member countries should have identified the existing production capabilities of the region and matched them with each member nation’s demand pattern to determine the magnitude of future trade potential. Similarly, for effective resource mobilization the countries would need to resolve the regional disputes and aid each other to achieve self-sufficiency. In 2006, another attempt was made to strengthen the economic integration among the members with the implementation of South Asian Free Trade Agreement (SAFTA). This agreement was to extend the scope of SAPTA in order to include trade facilitation elements and switch the tariff liberalization process from a positive to a negative list approach. A special consideration in SAFTA was the compensation for revenue losses for small countries in the event of tariff...
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...PRESENT SCENARIO OF CERAMIC INDUSTRY The global ceramic industry is worth of US$20 billion. Bangladesh is perfectly positioned to expand rapidly in this sector with its high quality, cost ratio and creative human resource base. Traditionally, ceramic industry is a labor-intensive sector and companies in developed countries experience difficulties in remaining competitive due to rising labor cost and recent global financial crisis. Bangladesh, being a gas rich, low-labor cost economy and having advanced ‘bone china’ technology, is perfectly positioned to be a strategic partner in production and supply of ceramic goods (Board of Investment, Bangladesh). The ceramic industry is surprisingly not quite a new one in Bangladesh. It dates back to 1962. People Ceramic Industries Ltd (PCI) pioneered the manufacture of porcelain tableware in Bangladesh (Khandaker and Alamgir 2006). According to Bangladesh Ceramic Ware Manufacturers Association (BCWMA), there are approximately 40 ceramic manufacturers operating in this industry producing tableware, sanitary ware and tiles. A medium scale ceramic plant needs around Taka 10 crore (Taka 100 million) in initial investment and the BCWMA sources say the present investment in the country’s ceramic industry is roughly about Taka 2,000 crore (Taka 20 billion) and this sector employs one lakh (0.1 million) workers. Shinepukur, Monno, Bengal Fine, Standard, Peoples and National Ceramic are considered as major players in ceramic tableware market. RAK...
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...Conspicuously, a person’s life, which could be impaired by the toxic part of envy, can also be made better by practicing living mindfully to douse the flame of envy and other negative emotions. By focusing on your own inner feelings and thoughts instead of others, you could easily let go the retentive memory of negative circumstances and reorient your thinking to something positive. It is a practically true that “If we can only fix our faulty thought patterns, our corrupted software, then happiness, or at least less misery, will ensue” (Weiner 225). For their own sake, it might not be a bad idea for Moldovans to put down their Pushkin’s literatures and pick up Eleanor H. Porter’s Pollyanna for their spare-time reading, as well as to switch to living mindfully instead of blaming everything outwards if they really want to rekindle their happiness again. Directly or indirectly, mindfulness is intrinsic to appease people’s negative emotions. Equally important, living mindfully could improve your relationship with others. When you are attentive to your present moment and are not being influenced by judgments, you would feel more comfortable with yourselves and open to others, and then you would have a tendency to build up your tolerance and compassion for others. At the end, you have a good relationship with others. “Social scientists estimate that about 70 percent of our happiness stems from our relationships, both quantity and quality, with friends, family, coworkers, and...
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...Hindus in South Asia and the Diaspora: A Survey of Human Rights 2011 www.HAFsite.org March 12, 2012 “All human beings are born free and equal in dignity and rights.” “One should never do that to another which one regards as injurious to one’s own self. This, in brief, is the rule of dharma. Yielding to desire and acting differently, one becomes guilty of adharma.” “Thus, trampling on every privilege and everything in us that works for privilege, let us work for that knowledge which will bring the feeling of sameness towards all mankind.” Swami Vivekananda, “The Complete works of Swam Vivekananda,” Vol 1, p. 429 Mahabharata XII: 113, 8 Universal Declaration of Human Rights, 1948, Article 1 "All men are brothers; no one is big, no one is small. All are equal." Rig Veda, 5:60:5 ...
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...rIssues & Studie s© 45, no. 4 (December 2009): 159-188. Status for Sale: Taiwan and the Competition for Diplomatic Recognition TIMOTHY S. RICH Diplomatic recognition is generally seen as fundamental to the modern state system. The traditional views of recognition however focus almost exclusively on political or ideological rationales, ignoring other foundations on which other countries base establishing diplomatic recognition. Focusing on the Republic of China (Taiwan) suggests a more complicated view where economic self-interest on one side and national pride on the other may undermine traditional conceptions of recognition. Using the ROC-PRC diplomatic battle as a case study, this paper hopes to shed light on two questions: why, despite the PRC's rise as a global power, a country would continue to formally recognize the ROC and secondly what does the ROC receive in exchange for such high-cost endeavors to maintain recognition. In this case mutual ideological rationales have greatly diminished while I contend that economic factors have predominantly maintained this diplomatic battle. In addition, previous research often focuses on major world powers granting or withholding formal recognition to smaller states. In this situation, poor countries with typically little political influence are the major players, suggesting different rationales behind recognition. Methodologically, this paper blends qualitative and quantitative analysis to uncover factors affecting recogni- ...
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...Table of Contents Introduction: 2 Macro-Environment Business Strategy Gap Analysis 8 Industry Environment Business Strategy Gap Analysis 9 Strategy-Capability Gap 9 1. Macro-Environment Analysis 16 2. Industry Analysis 22 2.1 Threat of New Entrants 22 2.2 Bargaining Power of Suppliers 24 2.3 Bargaining Power of Buyers/Customers 25 2.4 Power of Substitutes 26 2.5 Intensity of Industry Rivalry 27 3. Internal Analysis Appendix 29 Introduction: [pic] Taj Hotels, Resorts and Palaces operates under the parent company Indian Hotels Corporation Limited. They have been operating for 107 years, and were positioned as India’s largest hotel chain, with a range of properties for both business and vacation travel market. Owned by the Tata group, Taj maintains a very hierarchical structure, with a senior management team that stems from family connections. The report at hand will evaluate the past and current strategic position of the Taj hotel group, how being under the TATA group umbrella and how this has enabled the brand to grow and develop into the most recognized and luxurious hotel brand within India. Hotel brands Worldwide have been trying to go international, taking the advantage of their brand recognition, economic capabilities and increasing market demands. The Taj hotel group past and current strategies of going international were executed in locations that have an already saturated market or in cities...
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...SBI PO SOLVED EXAM PAPER 2008 - General Awareness & Computer Knowledge 1. Which of the following statement (s) reflects India’s stand on new World Trade Organization’s proposal on the issue of the subsidy to agro products ? (1) India would protect the interest of its poor farmers who can not bear the burden of the cost of the products if they have to sell them on cheaper rate. (2) Indian industry needs more flexibility as compared to the industry in developed countries. (3) WTO has set up a new committee under the chairmanship of Putin of Russia to look into the issue of subsidy and find out a solution to the problem acceptable to all the parties. (A) Only 1 (B) Only 2 (C) Only 3 (D) Both 1 & 2 (E) None of these ANS (A) 2. Which of the following statement (s) is / are true about the 11th five year plan of India ? (1) The highest priority is given to exports , education and development of steel sector. (2) The plan aims at achieving the growth at 10 % level by the end of the plan. (3) The Rashtriya Krishi Vikas Yojana is revived in such a way so that it can be achieve a growth nof 4 % for agriculture sector. (A) Only 1 (B) Only 2 (C) Only 3 (D) Both 1 & 2 (E) None of these ANS (D) 3. As per the figures released recently the Stock markets in emerging economies made handsome returns last year (2007-08). Which of the following stock markets amongst the BRIC nations registered highest increased (97 %) compared to its performance in 2006-07 ? (A) Cina (B) Brazil ...
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...A report on An analysis on Walton refrigerator Submitted to: Md. Ismail Hossain Associate professor Department of marketing University of Dhaka Submitted by: Group Insuperable Section: B Department of marketing University of Dhaka Submission date: May 2, 2016 GROUOP NAME: INSUPERABLE Serial no. | Name | Roll no. | 1. | Ashikul Islam | 44 | 2. | Shahinur Akter | 98 | 3. | Farjana Akter Mito- | 110 | 4. | Sajal Bepary | 112 | 5. | Forhadi Afsana | 152 | 6. | Sajedul Islam | 176 | 7. | Ashiqur Rahman Ashiq- | 266 | 8. | Md. Eqramul Islam | 268 | 9. | Tonmoy Das | 270 | 10. | Md. Anamullah | 274 | Letter of transmittal May 2, 2016 Md. Ismail Hossain Associate professor Department of Marketing University of Dhaka Subject: submission the report on “an analysis on Walton refrigerator” Dear Sir...
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...[pic] Report on eramic Industry Ltd Course Code: F-401 Submitted by Yasir Bin Yousuf Roll :16-36 Department Of Finance Submitted to Hussain Ahmed Enamul Huda Lecturer Department of Finance University of Dhaka Date of submission 1 August, 201 Executive summary The ceramic industry is surprisingly not quite a new one in Bangladesh. It dates back to 1962. People Ceramic Industries Ltd (PCI) pioneered the manufacture of porcelain tableware in Bangladesh (Khandaker and Alamgir 2006). According to Bangladesh Ceramic Ware Manufacturers Association (BCWMA), there are approximately 40 ceramic manufacturers operating in this industry producing tableware, sanitary ware and tiles. The major ceramic companies in the industry are Monno ceramics, R.A.K ceramics, Shinepukur ceramics, Fu-wang ceramics, greatwall ceramics, Peoples and national ceramics etc; there remains other 31 companies. Over the years, the ceramic industry in Bangladesh has flourished immensely and has gained recognition throughout the worldQuality of products has helped Bangladesh to carve a niche in the global market; the manufacturers in this sector are taking risks while diversifying their designs into world-class standards. The close competitors of Bangladesh are China and India, but they mostly produce traditional items. Moreover, due to recent global financial crisis and rising labor cost, the developed countries are placing more orders to low-cost countries...
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...Asia-Pacific Research and Training Network on Trade Working Paper Series, No. 99, April 2011 Utility of Regional Trade Agreements: Experience from India’s Regionalism by Sejuti Jha* * PhD Scholar, Indian Institute of Foreign Trade, New Delhi. The author is grateful to Biswajit Nag, Rajan Sudesh Ratna and Mia Mikic for valuable comments. The paper benefited from the comments received from the participants at the second Empirical Issues in International Trade and Finance conference, organized by IIFT at New Delhi, 16-17 December 2010. The opinion, figures and estimates are the sole responsibility of the author and should not be considered as reflecting the views or carrying the approval of the United Nations, ARTNeT and the Indian Institute of Foreign Trade. Any errors are the responsibility of the author, who can be contacted at sejuti.jha@gmail.com. The Asia-Pacific Research and Training Network on Trade (ARTNeT) is aimed at building regional trade policy and facilitation research capacity in developing countries. The ARTNeT Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about trade issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. ARTNeT working papers are available online at www.artnetontrade.org. All material in the working papers may be freely quoted or reprinted, but acknowledgment is requested, together with a copy of the publication containing...
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