Sonam Yangdon

Losses of State Mining Corporation improves

The State Mining Corporation Limited (SMCL) reduced its first year operational losses to Nu 3.89 million in 2016 mainly from the sale of 1000 metric tonnes (MT) of coal to Dungsam Cement from the Habrang coalmine, according to a press release from the company. The press released stated that production …

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Bhutan Information Communication and Media Bill passed in the NA

The representative from the Tashicholing constituency, Ritu Raj Chhetri who is also the Chairperson of the Legislative Committee presented the summarized recommendations on the 77 clauses to the house during the previous week of the discussion. “After the Communications Minister carried the first and the second reading of the bill, …

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Thimphu TechPark makes a profit for 2016

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The Thimphu TechPark Limited (TTPL) according to the company’s annual performance report, TTPL earned a modest profit of Nu. 5.035 mn in the year 2016 which is a huge increase compared to Nu.1.75 mn in 2015. The company which is categorized as a Special Economic Zone is currently under tax …

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Final Recommendations adopted by NC on three agencies

The National Council, during its 16th session, adopted the final recommendations submitted by the three committees on Annual Anti-Corruption Commission Report 2016, Cultural Heritage and Audit Bill of Bhutan 2017. On the Annual Anti-corruption commission Report 2017 the Council directed the Good Governance Committee to conduct a meeting with relevant …

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Drukair’s goes from loss to profit

Drukair, the national carrier, made a profit of Nu 99.03 million in 2016, a vast financial improvement from 2015 when it suffered a loss of Nu 32.44 million, according to the airline’s annual performance report. Drukair operated 4,433 flights in 2016, an increase of 240 flights compared to the year …

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