On the invitation of the Chief of Army Staff (COAS) of the Indian Army, General Manoj Pande, the Chief Operations Officer (COO) of Royal Bhutan Army, Lieutenant General Batoo Tshering was in India for a six- day visit. During the visit the Chief Operations Officer met the Chief of Defence …

The Draft Clean Wage document sent from the Ministry of Finance to the Ministry of Education has pointed to various abuses of the TA/DA system calling it all unethical practices and gaming of the system and so will suggest reforms to it. The document says that while TA/DA and mileage …

The popular assumption about the Australia rush is that it is a one-way remittance ticket with large amounts of remittance coming into Bhutan and while that may be true to a certain extent, what is not take into account is also the money sent the other way for fees and …

Earlier the Prime Minister Dasho Dr Lotay Tshering said that the main strategy to protect Bhutan’s convertible currency reserves is to take loans from international financial institutions and bilateral partners. He said that the loans taken will have to be against projects that can generate returns and the best ones …

There has been a lot of anxiety after the Tashi Bank followed by Druk PNB bank stopped their special education loan products for students wanting to study in Australia. There are many students who have either got offer letters from Australian Universities, have done IELTS or have plans to go …

Lyonpo Dr Tandi Dorji, Minister for Foreign Affairs, graced the Opening Ceremony of the Japan Week 2022 at the Clock Tower Square on 15 October. Mr Kawazu Kunihiko, Chargé d’affaires  Embassy of Japan, and officials from the Embassy of Japan and the Japan Foundation in New Delhi attended the event. …

Starting November 12, 2022, the Royal Civil Service Commission (RCSC) will be conducting leadership assessment exercises for Officers in P1 Management (P1 M) position level as part of the process to identify potential candidates for Executive-level positions, according to a release, P1M forms the critical talent pool for leadership positions …

The 8th Session of the Third Parliament of Bhutan is scheduled to commence on 4 November 2022. The National Assembly (NA) conducted a preliminary meeting to set the agenda yesterday. NA is set to deliberate on the Civil Service Reform Bill of Bhutan 2022, a Government Bill submitted for deliberation, …

Main strategy to build reserves is through external borrowing The Prime Minister Dasho (Dr) Lotay Tshering said that as per the government’s calculation a Convertible Currency reserve of USD 668 mn is enough for 12 months of essential imports and currently the reserves are at USD 850 mn plus. “We …

After the Opposition Party called on the government to lift the moratorium on the Bhutan Development Bank Limited (BDBL) loans, the Prime Minister Dasho (Dr) Lotay Tshering responded saying the government tried twice, but the Royal Monetary Authority (RMA) did not agree. In accordance with the directives from the Royal …