The Opposition Party convened a press conference to outline significant developments from the First Session of the Fourth Parliament. Led by the Leader of the Opposition, Dasho Pema Chewang, the conference aimed to provide insights into the party’s perspectives following the National Assembly session and to update the media on …

71 are resigned civil servants The recent announcement by Prime Minister Dasho Tshering Tobgay in April 2024 underscored the government’s commitment to bringing back Bhutanese overseas workers. The program is to facilitate and reintegrate Bhutanese coming back from abroad. As of now, 177 individuals have registered for National Reintegration Program …

Mendrelgang gewog under Tsirang Dzongkhag grows all sorts of vegetables and is said to be one of the major vegetable suppliers in the country. A recent study by the Consumer Empowerment & Economics Division (CEED) of the Climate Change Adaptation and Action (CCAA) has uncovered identified four different supply chains, …

Commercial properties across Thimphu are facing significant challenges in renting out spaces, with some property owners struggling to repay their loans. Businesses report a decline in revenue by 50 to 70 percent, depending on the type of business. Namgay Dorji, a building owner in the Changlam core town area, said, …

With higher dependence on imported edible oils, the local vegetable oil industry faces an uphill battle. Local producers advocate for healthier, chemical-free oils amidst a market flooded with cheaper, imported alternatives. The World Health Organization’s (WHO) 2023 deadline for eliminating industrially produced trans fats looms, our local vegetable oil industry …

The government is set to simplify and eliminate unnecessary regulations to create a more business-friendly environment. The aim is to reduce bureaucratic hurdles and make it easier for businesses to operate and thrive. To coordinate these economic reforms, address policy conflicts, and monitor the performance of key economic players, an …

The deliberations on the National Assembly (Amendment) Bill of Bhutan 2024 spanned several days, during which multiple bills were passed, amended, or retained unchanged. Section 47A was an addition to the bill which outlines the multifaceted roles and responsibilities of Members of Parliament including legislating, proposing bills, reviewing international agreements, …

The State of the Nation report delivered  by Prime Minister Dasho Tshering Tobgay provided an in-depth look at the country’s economic strategies, revealing a comprehensive plan to address key financial aspects. The Prime Minister shared that the Gross Domestic Product (GDP) of Nu. 227 billion, has demonstrated a steady growth …

During the Question Hour session, the Nanong-Shumar Constituency MP, Yeshey Jamtsho, raised a question regarding the lifting of the loan moratorium. MP pointed, “The ruling government has pledged to increase the loan-to-value (LTV) mortgage ratio for home and apartment purchases or house construction from the current 70 percent to 95 …

MP Raises Concerns Over Property Tax Act Implementation During the last question-and-answer session in Parliament, Lam Dorji, the Member of Parliament (MP) for Wamrong Constituency, raised critical questions to the finance minister regarding the implementation of the Property Tax Act of Bhutan 2022. The act, which aims to modernize the …