Yearly Archives: 2013

A much better half for BOBL

The bank’s half yearly performance in terms of net profit have increased by 8.78% Despite a poor economic situation, the half yearly performance of Bank of Bhutan Limited (BoBL), the country’s largest commercial bank saw a significant progress this year as compared to the previous year. BoBL’s total deposits for …

Read More »

Setbacks of PHPA-I delay to be known by the end of next month

Bhutan could lose billions in revenue due to the geological blow for ‘setbacks are definite’ The precise time period of the delay and additional costs caused by the sinking of the right slope situated above the Punatsangchu Hydroelectric Project (PHPA) –I dam site will be known after September 19 when …

Read More »

Room for Tech Park to revive

Thimphu Tech Park Limited (TTPL) is very important, given the huge investment that has been made by the government on it, Lyonchhen Tshering Tobgay told local reporters on Thursday. Lyonchhen said the TTPL, if it succeeds, will help out the private sector, as it is likely to create employment for …

Read More »

Tenancy Act amendment to materialize

The first session of the second parliament shall discuss the issue A pledge by the People’s Democratic Party (PDP) government that has most of the urban sections of the country waiting, may soon be realized as the Tenancy Act is slated to be discussed in the first Parliamentary session of …

Read More »

Lyonchhen reassures employment

And that the government needs time to deliver Prime Minister Tshering Tobgay once again shared his concerns on the employment issue and reiterated on his earlier stand that the responsibility lies with the government to provide employment opportunities. At the government’s first ‘Meet the Press’ session last Thursday, Lyonchhen said, …

Read More »

From Request to Right to Information

The initiative of the new government to introduce the long awaited Right to Information Bill in the first session of Parliament will be another important step forward for Bhutanese democracy. The government of the day must of course be appreciated for such a move and for keeping one of its …

Read More »

Corporate Social Responsibility is not philanthropy

The study also offers various critical feedback with regard to CSR in the country Corporate Social Responsibility (CSR) in the country is usually linked to philanthropic action which is a misconception, key findings of a general study by the Bhutan Chamber of Commerce and Industry (BCCI) explains. The study by …

Read More »

BNCA introduces drug treatment and rehabilitation program

The Bhutan Narcotics Control Agency in collaboration with the Royal Bhutan Police inaugurated the Drug Treatment and Rehabilitation program for the prison inmates convicted for drug related offences on Wednesday, August 21, 2013 at Thimphu District Jail. The inauguration was marked by lhab sang tursoel  ceremony of the session room …

Read More »