The problem is the the contractor’s liquidity issues The main contractor of the 118 MW Nikachu project, Hindustan Construction Company’s (HCC) liquidity issues in India is expected to delay the Nikachu project by 6 to 10 months. Liquidity here means the shortage of operating cash from the company. The project …
Read More »Govt looking at decongesting Thimphu: MoWHS Minister
The minister for works and human settlement, Lyonpo Dorji Choden said that the government is working in different ways to not only ensure that a couple of cities like Thimphu and Phuentsholing are not overcrowded but also ensure balanced regional development. On moving certain government institutions out of Thimphu the …
Read More »Bhutan achieves best ever Transparency International ranking in 2017
The Transparency International ranking for corruption perception index showed Bhutan achieving is best ever ranking as the 26th cleanest country out of 180 countries and territories with the score of 67 as per the Corruption Perception Index (CPI) 2017. Bhutan was ranked at 27th in 2016 and 2015 with a …
Read More »DoIM to discuss with BICMA on 56 channels list: PM
The Prime Minister during the monthly meet the press assured that the government would ask the Department of Information and Media (DoIM) to discuss with BICMA on its list of only 56 channels that can be shown on cable TV in Bhutan. There have been youth and others taking issue …
Read More »ACC finds no merit in Tsirang REDCL office case complaint by OL
OAG’s findings also tally with the ACC’s review of the case The Anti Corruption Commission (ACC) will not be investigating the Opposition Leader’s (OL)complaint to the ACC made in early January 2018 alleging a fake Rural Enterprise Development Corporation Limited (REDCL) office run by PDP coordinators which swindled people of …
Read More »Bhutan-China boundary talks to happen in 2018 but exact dates yet to be set
Bhutan and China will be having the 25th boundary talks this year after it could not be held last year. The talks will be held in Thimphu but the final dates are yet to be set for the talks. A Bhutanese official denied Indian media reports that the talks are …
Read More »Govt denies political motivation in Le Meridien FI case
On the heels of a detailed Opposition party release accusing the government of political motivation and timing among other things over the Le Meridien FI case, the government in a recent counter release said that the government has full confidence in the ACC and would the leave the matter to …
Read More »ACC decides to gather more information on Le Meridien case
The Anti Corruption Commission (ACC) has decided to conduct an ‘information enrichment’ process on the government’s complaint over conflict of interest and policy corruption in fiscal incentives granted to Hotel Le Meridien. The Commission took the decision last week based on the complaint sent in by the government on 25th …
Read More »PM writes to RAA to look into past walls, 11 Prados and 1 Land Cruiser
The Prime Minister’s office has recently written to the Royal Audit Authority (RAA) asking it to look into the security walls and structures built for ministers in the past as well as 11 Toyota Prados and one Toyota Land Cruiser that DPT ministers did not return from 2008 to 2013. …
Read More »A 30 cheltrums hike in Chukha tariff pushes up revenue
India hiked the Nu 2.25 per unit tariff of the 336 MW Chukha by 30 cheltrums to Nu 2.55 per unit. The hike will be effective from 1st January 2017 since the hike was due from 2017 based on the fact that the Chukha project tariff is reviewed every four …
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The Bhutanese Leading the way.