The Royal Securities Exchange of Bhutan (RSEB) announced the mass sale of 15,640,000 shares of RICBL at a floor price of Nu 70, and 17,620,000 shares of BNB at a floor price of Nu 33 between June 15 and July 15. The shares were held in the name of Sungchob …
Read More »Jab-Chor, a platform for young Bhutanese entrepreneurs
Jab-Chor, platform launched in December 2018, is meant for young Bhutanese entrepreneurs to nurture and grow their business ideas through access to financing. The initiative is to encourage the venture based on trust and confidence supported by legally executed business partnership deed under the laws of the Bhutan. The first …
Read More »Bhutanese para-athletes head for World Para Athletics in Tokyo
The World Para Athletics in Tokyo confirmed the wild card entries for para-athletes Gyeltshen Gyeltshen and Chimi Dema, both of whom are to compete in the shotput event. Gyeltshen Gyeltshen and Chimi Dema have secured the minimum qualifying score (MQS) during the 2019 World Para Athletics Championship in the United …
Read More »Rules to be stringent for buying and smoking of tobacco: PM
Responding to the question on lifting the ban on tobacco, asked during the virtual meet-the-press, Lyonchhen Dasho (Dr) Lotay Tshering stated that the ban on tobacco has not yet been lifted, but it is being put through the due process. “The Parliament, consists of the Upper House, Lower House and …
Read More »Tobacco Amendment Bill passed in National Assembly over COVID concerns
NC had already flagged smuggling concerns and recommended allowing sale of tobacco in 2014 On 22nd of June, the Speaker of the National Assembly declared the Tobacco Control (Amendment) Bill 2021 as an Urgent Bill. The Economic Affairs Minister Loknath Sharma said that due to increasing number of smuggling incidences along …
Read More »PACs recommendation on road maintenance being adopted
On 22nd June, 2021, the Joint sitting of the parliament adopted the Public Accounts Committee’s (PAC) recommendation on the need to institute road asset and information management system to prioritize on road maintenance. The joint sitting of the parliament also adopted the PAC’s recommendation on the need to coordinate and …
Read More »Anti Corruption Committee gives feedback on ACC amendments
It was learnt that there was only one recommendation from Anti-Corruption Committee (ACC) made on the Annual Report 2019, but Good Governance Committee (GGC) has added four more recommendations during the 5th Parliament Session on 15 June. It was also said that GGC has not discussed a few recommendations from …
Read More »New proposal on the seized property under ACC
The Good Governance Committee (GGC) and Anti-CorruptionCommission (ACC) have come up with a new proposal for the seized property under ACC, and the proposal was deliberated in the National Assembly (NA) on4 July 2021. An official from ACC said that a certain change is needed on movable property, responsibility for …
Read More »Minister of Economic Affairs responds on Drayangs and Discos being shut
During the Question Answer session on 18th of June, 2021 Bomdeling, Jamkhar constituency raised the question to the Minister of Economic Affairs, Loknath Sharma that cince the COVID-19 pandemic has immensely affected numerous entertainment houses in the country as they are shut what are the measures being taken by the …
Read More »NC Good Governance Committee questions the government’s proposal on the deferral of GST
During the deliberation on the Goods and Services Tax (GST) Amendment Bill of Bhutan 2021 on 10 June, the Chairperson of the Good Governance Committee (GGC) of the National Council (NC), Sangay Dorji, said although the principle and rationale of the GST Bill of Bhutan 2021 is to mend the …
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