During a recent press conference held on July 5, the Bhutan Kuen-Nyam Party (BKP) voiced their stance, based on four grounds, regarding the pay raise that the government had pledged for the civil servants. BKP talked on issues related to pay raise on four grounds such as economic, social justice, …

The clogged up drains with overflowing water is a common sight in Thimphu during the monsoon season every year. During heavy downpours, sometimes the water flows right into people’s homes. The Thimphu Thrompon, Kinlay Dorjee, said there are no new plans for improving the drainage system and drinking water supply …

my limited un¬derstanding, want to clarify something first. Please note that cars manufactured and imported from India need not pay Customs Duty, only Sales Tax. For example, In¬dian cars that are below 1500 cc will only attract 50% sales tax & 5% Green Tax. Keeping this in mind please read …

The Royal Monetary Authority’s (RMA) initiative towards a possible opening of home, car and consumer loans is welcome initiative. Their first step of consulting mem¬bers of the public on the draft guide-lines and measures is also a welcome step as it allows the public to share their thoughts, and it …

The draft guidelines have been put up on the RMA website for public feedback In what will be welcome news for those eagerly waiting to build or buy their homes the RMA has floated some draft guidelines on its website that allow Financial Institutions (FIs) to give housing loans with …

The Pay Commission report and the Pay Revision report proposals to monetize the quota at Nu 160,000 have been dropped by the govt In what will be music to the ears of more than 3,000 eligible civil servants, the government has decided to lift the vehicle quota freeze imposed in …

The goodwill generated during Prime Minister Narendra Modi’s visit and the traditional ties of friendship between Bhutan and India has not been restricted to only kind words about each other. This April 2014 to 2015 March annual budget of India has allotted a substantial amount to Bhutan’s 11th plan priorities …

Four State Owed Enterprises or Ministry of Finance Corporations will be taken over by the Druk Holding and Investment (DHI). This was announced by the DHI chairman during the annual press conference held on 2nd July in Thimphu. The four corporations that the DHI would take are Bhutan Development Bank …

According to the 11th National Labour Force Survey Report 2013, released on June 30 in Thimphu, the overall national unemployment rate is 2.9% with male unemployment rate at 2.2 % compared to 3.7 percent in female. The overall youth (15-24 years) unemployment rate is 9.6 percent and the female youth …

The Thrumshingla National Park (TNP) in Bumthang made a triumphant discovery of the presence of the world’s smallest otter called the Asian Small-clawed otter of the Mustelidae family this year. Oblivious of its presence until recently, the otter was found to the south-east of the central park range office in …