His Majesty The King and Her Majesty The Gyaltsuen attended the Coronation of His Majesty King Charles III and Queen Camilla of the United Kingdom, in London on 6th May. Royals and heads of States from across the world attended the Coronation. A reception was hosted by King Charles at …
Read More »6th Pay Commission submits report to Cabinet
The Sixth Pay Commission has submitted its pay hike report to the Cabinet. The report has recommended a substantial hike for all civil servants. The pay commission members are tight lipped about the report and the hike percentage proposed but what is known is that the hike will definitely be …
Read More »Nepal’s former Home Minister arrested and ex-Deputy PM on the run in fake ‘Bhutanese refugee’ scam
In what is turning out to be a major scam involving top Nepalese politicians and bureaucrats and a criminal gang, many Nepalese citizens were promised to be sent as ‘Bhutanese refugees’ to settle in USA in exchange for large sums of money. Reports by various Nepalese media outlets like Kathmandu …
Read More »Why the District and High Courts acquitted Nubri investment case but SC convicted it
In February 2013 an interesting transaction took place when the RICBL invested Nu 100 mn at 9 % interest rate in the private investment firm Nubri Capital, but three days later Nubri reinvested Nu 108 mn back in RICBL at 11.75 %. The senior most person involved in this transaction …
Read More »Their Majesties will attend the Coronation of King & Queen of the United Kingdom on May 6th
His Majesty The King and Her Majesty the Gyaltsuen will attend the Coronation of His Majesty King Charles III, and Queen Camilla of the United Kingdom on May 6th. Monarchs and heads of states from countries across the world are expected to attend the ceremony, which will be held in …
Read More »Druk Holding & Investments and Bitdeer to Jointly Develop Green Digital Asset Mining Operations in Bhutan
Partnership to operate 100% carbon-free mining datacenter, accelerate Bhutan’s economic anddigital transformation and expand Bitdeer’s global footprint A press release announced that Druk Holding & Investments (“DHI”), the commercial arm of the Royal Government of Bhutan, and Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer”), a world-leading, Nasdaq-listed technology company for the …
Read More »His Majesty back after Tour of Southern Dzongkhags
His Majesty The King arrived in Thimphu on 23 April evening after concluding a weeklong Royal Tour of the southern dzongkhags. During the Tour, His Majesty visited Punakha, Tsirang, Sarpang, Gelephu, Samdrup Jongkhar, Samtse and Phuentsholing, meeting with members of the community represented by sector heads, civil servants, local leaders, …
Read More »Bhutanese Artist shortlisted for the 2023 Sovereign Asian Art Prize begins Exhibition in Taipei
Gyempo Wangchuk, a traditionally trained Bhutanese contemporary artist who was recently shortlisted for the 2023 Sovereign Asian Art Prize, is having a collection of his works exhibited at Tansbao Art Gallery in Taipei, Taiwan. The Exhibition titled “Worlds Within Us”, features a selection of the artist’s newest works. The exhibition …
Read More »Price of exports decrease but price of imports increase in fourth quarter of 2022
For the fourth quarter of 2022, that is from October 2022 to December 2022, Bhutan saw a decrease in the price of exports while there was an increase in the price of the imports according to the report published by National Statistics Bureau (NSB). Year-on-year inflation of the export goods …
Read More »Lyonpo Karma Donnen Wangdi steps down
A press release said that minister of the erstwhile Ministry of Information and Communications, Lyonpo Karma Donnen Wangdi officially resigned from the Cabinet position on Friday. This is in keeping with the reorganisation of the ten ministries to nine, a component of the ongoing Civil Service reform. Choosing to voluntarily …
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