Yearly Archives: 2012

A Regulation to issue corporate bonds

To appraise concerns raised in light of limited access to finance the Bhutanese corporate bodies, the economic affairs ministry has developed the Regulations for Issue of Corporate Bonds, 2012 under the Companies Act of 2000. The regulation would also address the lack of securities in the market for the investors …

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Land Bill: Unconstitutional and Dangerous

It is a matter of great concern that the new Land Bill has provisions in it that is not only unconstitutional but also intrudes upon the Land Kidu powers of His Majesty the King. As per the constitution only His Majesty the King has the authority to give Land Kidu …

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Bhutan’s bird diversity rich by one more bird

Bhutan will add one more feather to its bird diversity, and that’s a literal. The discovery of the lone Barn Owl (Tyto Alba) has increased the number to 685 species. The lone Barn Owl was spotted at Zomlithang plantation area in Punakha in the Jigme Dorji National Park. The sighting …

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The BKP will take it ‘slow and steady’

The Bhutan Kuen-Ngyam Party (BKP) which forayed onto the political bandwagon last week has engaged informal discussions with the Election Commission of Bhutan, to ensure its registration as a legitimate political party. Although, the party claims to a have a sizeable number of candidates, registration will only come at an …

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GoI released INR 5.51bn in one week for Bhutan

The Indian Ambassador Pavan K Varma, on behalf of the Government of India (GoI) handed over to Finance Minister Wangdi Norbu INR 2.5bn meant for the ongoing 10th plan on June 6 along with INR 1.11bn as excise duty refund for goods imported during the year 2009. Earlier this week, …

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PDP on an optimistic path

Despite the increase in the registration fee, the People’s Democratic Party (PDP) continues to register members, and has reached about 250 members. The registration fee has increased to Nu 100 and annual membership to 1200. Even with this, the PDP still has many old members renewing their memberships, including the …

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