Karma Deekey Choedey

Nu 2.2 bn from auction of BNB & RICB shares

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 …

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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 …

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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 …

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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 …

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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 …

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