The Ministry of Education signed the PISA-D agreement during the annual education conference on Friday. The international assessment program will allow Bhutan to see how Bhutan’s schools compare with those of other countries. Lyonchhen said that with Bhutan joining PISA-D as member, he wants Bhutanese students to excel in this …
Read More »Banks can now trade in Certificates of Deposits for stronger Capital Market
In exercise of the powers conferred by Section 362 of the Financial Services Act of Bhutan 2011, the Royal Monetary Authority of Bhutan (RMA) issued the guidelines on Certificate of Deposits(CDs) which will be effective from 03 January 2017. The above guideline on CD was approved by the RMA Board …
Read More »Incident Command System for Natural Disasters
An Incident Command System (ICS) is to be put in place during times of disaster. This was decided during the 4th Meeting of the National Disaster Management Authority last week under the Chairmanship of Lyonchhen Tshering Tobgay. Discussion on post disaster management; National Disaster Management Strategies; and the need for helipad …
Read More »Vocational camp for students
The Third Technical and Vocational Education and Training (TVET) Winter Camp themed “One Skill by One Youth is Zero Dependence (1+1=0)” began earlier last week in the Jigme Wangchuck Power Training Institute (JWPTI)-Dekiling, Sarpang. 117 (43 Female & 74 male) students who appeared for Class X examination in 2016 from 39 …
Read More »EDP 2017 approved
The government has approved the Economic Development Policy (EDP) 2017. The EDP 2017 has a total of 252 policy provisions and provides the overall enabling environment to continue creating a transparent and conducive environment for business and investment in the Bhutanese economy. Several ‘game changers’ have been identified throughout the …
Read More »Dasho Benji to be awarded Nu 450,000
The Bench five of the Thimphu district court has allowed the Druk Phuensum Tshogpa (DPT) to withdraw the defamation case against Dasho Benji in accordance with section 153 of the Civil and Criminal Procedures Code (CCPC). However, as per the indemnity rule enjoined in the same section the plaintiff Dasho …
Read More »OAG drops Trongsa land case but ACC disagrees
In a stunning turnaround of events, the Office of the Attorney General (OAG) has dropped the entire Trongsa land case which consisted of multiple land transactions involving six people like former Trongsa Dzongdag Lhab Dorji, his wife Karma Tshetim Dolma, former Dragten Gup Tenzin, former Nubi Gup Phuntsho, National Land …
Read More »His Majesty in Bumthang
His Majesty The King arrived in Bumthang on 29th December, to visit Chamkhar town, where a fire that broke out on 28th December night damaged 6 buildings. The buildings consisted of several homes and shops. DeSuups, and volunteers from the community, which included business owners, civil servants, and monks, assisted …
Read More »RMA approves private money lending rules
Nu 500,000 amount restriction at maximum 15% per annum interest The Royal Monetary Authority (RMA) board on 29th December approved ‘The Private Money Lending Rules and Regulations 2016,’ which restricts private money lending to Nu 500,000 per person. The main objective is to regulate private money lending business and bring …
Read More »Their Majesties arrive in Thimphu
On the way back to Thimphu, the business community, and the Dzongkhag officials of Trongsa gathered at the town centre to offer farewell tshogchang to His Majesty The King and Her Majesty The Gyaltsuen this morning. Before meeting the people in Trongsa town, His Majesty visited the site where the …
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The Bhutanese Leading the way.