The Bhutanese Leading the way.
The Prime Minister Dr Lotay Tshering informed the government and the executives on the Phase 2 of the Economic Contingency Plan (ECP). Phase 1 of ECP consisted of projects for construction sector, agriculture and tourism. The projects are to be taken into Phase 2 with a slightly different model and …
Read More »Bhutanese who shifted from Jaigaon face housing and livelihood issues
It has been 3 months since some of the Bhutanese that were living in Jaigoan are putting up in accommodations provided by family or friends in Bhutan. Temporary housing arrangement for many Bhutanese residing in Jaigaon have been made under His Majesty’s command providing relief to many of them. However, …
Read More »OCP carrying out market surveillance as prices go up
There has been a recent price escalation on certain commodities in the market. The Office of Consumer Protection (OCP), Ministry of Economic Affairs (MoEA) is trying to figure out the forces at play for the price fluctuation. Through a collection of Market Price Index (MPI) and market monitoring, OCP has …
Read More »Businesses express gratitude for relief measures
The loan interest waiver and continuation of Druk Gyalpos Relief Kidu through His Majesty’s command, deferment of loans for 12 months, soft loans and various other monetary and fiscal measures have come as a huge relief for businesses. Chimi Zangmo of Dorji Elements said “This was way more than expected. …
Read More »Arrangements for Bhutanese studying in Colleges abroad
Students will resume their higher studies in classrooms with mandatory precautions in place starting from 1 July as the government has given orders to reopen schools, colleges and institutes. However, those students who have been studying in India and abroad may not have all these amenities until the COVID-19 pandemic …
Read More »Sports allowed but try not to use the word ‘tournament’ or involve spectators: PM
The Prime Minister clarified as to what extent sporting activities can be held without violating the relaxation measures. He said that although sports can be played with the complete set of teams, spectators and tournament-like announcements would have be avoided as much as possible. “We want people to come out …
Read More »Industrial operations not halted despite COVID-19 pressure: MoEA Minister
Economic Affairs Minister Lok Nath Sharma yesterday said that the relief measures provided to the small, cottage and medium and large companies in the form of working capital loans have so far ensured the production and operation for industries within Bhutan. He stated that the recommendation towards Financial Institutions and …
Read More »PM lays down a middle path in the mining debate
The cancellation of the auction of the Chunaikhola dolomite mine, its handing over to SMCL for now, the National Council praise for the move and National Assembly’s rejection of NC’s motion to also hand over other mines has all treated a heated national debate on whether mines should be nationalized …
Read More »NA turns down NC’s recommendation of handing over the mining work to SMCL
In the interest of the private sector development for economic growth The National Assembly (NA) on 16 June declined the National Council’s (NC) recommendation on handing over the mines to the State Mining Corporation Limited (SMCL) until a new Mines and Minerals Act was enacted. Apart from the Home Minister …
Read More »7 pm rule so far: Violators but no license seized
According to the Officer Commanding (OC) of Thimphu Police Station, Major Gyembo Penjor, several bar owners, snooker halls owners and shop keepers that have not adhered to the 7 pm shop closure rule were let off with warnings. The police have not seized any trade license. He said that the …
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