July 16, 2019
Royal Thimphu College (Auditorium)

08:30 – 09:00


09:00 – 09:20

Opening Ceremony

Offering of Marchang
Welcome, Tribute and Theme Song

09:20 – 09:40

Welcome Remarks

Dasho Penjore

Governor, Royal Monetary Authority of Bhutan

09:40 – 10:05

Launch of National E-commerce Portal and Inaugural Address

Lyonchhen Dr. Lotay Tshering

Prime Minister of Bhutan

10:05 – 10:50

Keynote Address

Ms. Marissa Drew

CEO, Impact Advisory and Finance, Credit Suisse, London

10:50 – 11:00

Photo Session


Opening of the National CSI Expo by H.E. Lyonchhen Dr. Lotay Tshering

12:30 – 14:00

Networking Lunch

July 16, 2019: Afternoon Session
Royal Thimphu College
(National CSI Expo will continue until 18:00)

A Regional Workshop for selected domestic and regional participants on “Planning and Managing Technology Transfer for Inclusive Development” will be conducted by the Asian and Pacific Centre for Transfer of Technology (APCTT) of the UNESCAP and DCSI-MoEA from 16- 18 July, 2019.

Venue: Academic Block A, Royal Thimphu College

14:00 – 14:15

Announcement of the Reform Agenda for the CSI Sector

H.E. Lyonpo Loknath Sharma

Minister for Economic Affairs

14:15 – 15:45


Panel on “Implementing the Reforms – Translating Rhetoric into Reality”


The economic reforms of the Royal Government (revised FDI policy, CSI Policy, CSI flagship program, e-commerce) are expected to catalyse the CSI sector into an important agent of economic transformation. How can CSIs benefit from and take advantage of the new reforms? Implementation of the reforms and coordination among the various stakeholders will be crucial in ensuring that CSIs can indeed leverage the opportunities being created by the reforms. How are challenges in implementation going to be addressed? What can we learn from international experiences in moving the reform agenda forward?


Mr. Tandin Tshering

Director General, Department of Cottage and Small Industry, Ministry of Economic Affairs

Ms. Thinley Choden

Social Entrepreneur/Consultant

Mr. Mohd. Rithaudden Makip

Chief Ecosystem Development Officer, SME Corp., Malaysia

Mr. Yeong Wee Tan

Senior Director, CrimsonLogic (South-East Asia and Rest of World)


Dasho Kinley Dorji

Former Secretary, Ministry of Information & Communications

16:00 – 16:15

Presentation on deAsra Foundation

Dr. Anand Deshpande

Founder, deAsra Foundation

16:15 – 18:15


Panel on “Market Access: Taking Brand Bhutan to Market”


CSIs face enormous challenges in accessing international markets due to poor logistical infrastructure, low economies of scale, high transaction and transportation costs, and costly requirements for product certification and quality standards in the importing countries. How can entrepreneurs leverage on the CSI policy reforms and use digital platforms and technology to reduce business costs and overcome bottlenecks? What are practical solutions to help supply side capacities? How can product certification and quality standards be met? What are international best practices and opportunities that Bhutan can learn from and leverage?


Mr. Ugyen Dendup

CEO, Koufuku International Ltd.

Ms. Gem Bidha

Dy. Chief, Bhutan Agriculture & Food Regulatory Authority

Mr. Tashi

Zimpon Wogma, One Gewog One Product (OGOP), Queen’s Project Office

Mr. Devendranath Chamroo

Investment Expert, International Trade Centre

Mr. Ashutosh Tiwari

MD, SAFAL Partners, Nepal


Mr. Sonam P. Wangdi

Secretary, National Environment Commission

July 17, 2019: Morning Session
National CSI Expo will be open from 09:00 – 18:00

09:00 – 09:15

Launch of Crowdfunding Portal and Issuance of In-Principle-Approval for new CSI Bank

H.E. Lyonpo Namgay Tshering

Minister for Finance

09:15 – 09:45

Presentation on Financing SMEs – International Best Practices

Mr. Norbert Mumba

Deputy Executive Director, Alliance for Financial Inclusion

09:45 – 11:30


Panel on “Access to Finance: Financing CSIs”


One of the major constraints faced by CSIs is access to finance (which includes collateral requirement, cumbersome loan procedures, security valuation, etc). While some improvements have been made through initiatives such as the PSL, there is a need for product diversification by the FIs as well as alternative financing options (for both debt, equity and blended products). What are different financing mechanisms that address the needs of CSIs at different stages (early seed, start-up, growth). How can fintech be leveraged to provide innovative financing for CSIs. How can lending to CSIs be de-risked (alternate credit scoring models, credit guarantees, insurance)? How can financial stability concerns be mitigated?


Mr. Sangay Tshering

Managing Partner, Green E Solutions

Mr. Jigme T Yoezer Rinzin

Founder/CEO of Druk Ride & MyDrukRide

Mr. Matthew Saal

Lead Financial Sector Specialist, World Bank

Mr. Suresh Balakrishnan

Regional Technical Advisor, UNCDF

Mr. Aniket Shah

Head of Sustainable Investing, OppenheimerFunds


Mr. Nik Mohd ZKN Kamil

SME Finance Policy Manager, Alliance for Financial Inclusion

11:45 – 13:30


Panel on “The Renewed Role for the Private Sector – Leadership and Partnerships”


Bhutan’s private sector has contributed positively to Bhutan’s growth and development since we embarked on the path of modern development. The sector has been recognized as the engine of growth, be it in the production and provision of goods and services, creating employment, alleviating poverty or generating much-needed revenue. This panel will seek to introduce new ideas and perspectives on how companies can grow from good to great by developing good leadership, building great company cultures, creating high performing teams and by fostering purposeful collaboration and partnerships. For aspiring start-ups and entrepreneurs, the session aims to offer insights on how to build on good ideas and turn them into successful business ventures, what it takes to do so and how to ensure sustainability.


Aum Phub Zam

President, Bhutan Chamber of Commerce & Industry

Mr. Alvin Ung

Leadership Expert

Mr. Albert Teo Chin Kion

CEO, Borneo Eco Tours, Malaysia

Mr. Suhas Gopinath

Founder & CEO, GLOBALS and HappyEMI


Dasho Karma Tshiteem

Former Chairperson, Royal Civil Service Commission

13:30 – 14:30

Networking Lunch

July 17, 2019: Afternoon Session

14:30 – 18:00


Season 2 Jabchor Platform for Equity Financing

14:30 – 15:00 “Accelerating SDG implementation through youth entrepreneurship”

Ms. Azusa Kutoba

Resident Representative, UNDP Bhutan

15:00 – 15:45

Background & Reflection on Season 1 Jabchor

Presentation on investor’s legal arrangements and procedures

Overview of Season 2 Jabchor

15:45 – 17:15 Entrepreneur’s Pitching Session (15 minutes each including the promo AV Clips of 5 minutes each):

  • Kingdom Essences
  • Himalayan Chips
  • Bhutan Alternatives
  • One Click Shop
  • Sadone Design

17:15 – 18:00 Interaction and Break out session

July 18, 2019: Morning Session & Closing
National CSI Expo will be open from 09:00 – 12:00

09:00 – 09:30

Presentation on “Economic Diversification: Role of the State and Role of Cottage and Small Industries”

Mr. Hans Timmer

Chief Economist, South Asia Region, World Bank

09:30 – 11:30


Panel on “Social Entrepreneurship: An Inner Evolution and the Asset Within”


While improvements in the financial, legal, administrative and social ecosystem for entrepreneurship is of paramount importance, the most essential factor for development of entrepreneurship and social enterprises is what Buddhists call ‘the inner power’ or the capacity of the people. Entrepreneurship is a conscious internal journey connected to and influenced by one’s spiritual, cultural and educational upbringing and exposure. Entrepreneurs can be ‘made’ through calculated processes of learning to enhance the inner powers of innovation, creativity, discipline, endurance, resilience, etc. The panel will highlight the importance of the cultivation of such entrepreneurial qualities and strengths by drawing upon Bhutan’s own spiritual and cultural heritage, and weaving it with the stories of failures and successes of the entrepreneur panellists. The session aims to underline the need to invigorate the spirit and culture of entrepreneurship and start-ups in Bhutan in tandem with the development of the CSI ecosystem.


Mr. Karma Yonten

Greener Way

Mr. Tharchen


Ms. Pema Choden Tenzin


Ms. Kinley Pelden

Yiga Chocolate

Moderator & Presenter on “Social Entrepreneurship: An Inner Evolution and the Asset Within”

Dr. Karma Phuntsho

Loden Foundation

11:45 – 12:15

Reflections and Way Forward

Mr. Gerald Daly

Pesident Coordinator, United Nations in Bhutan

12:15 – 13:00

Closing Remarks

Aum Karma Hamu Dorjee

Vice-Chair, RIGSS Governing Board and Chairperson, Royal Civil Service Commission

Marme Moenlam

Closing Lunch


Royal Thimphu College

P.O. Box# 1122