The Prime Minister recently announced the formation of the Seventh Pay Commission, leading to a lot of discussion and debate online. When one looks at the pay and allowance figures post democracy, and one tracks its rise, it makes for some interesting figures. The Data In Financial Year (FY) 2008-09, …
Read More »Thimphu land area type, use and value change significantly with Thimphu Design Code
These days there are dozens of real estate companies selling land in Thimphu on various online forums. Many of these listings still use conditions from the Thimphu Thromde Development Control Regulations 2016 (DCR 2016), which is no longer in effect. These conditions include the area type, number of floors allowed, …
Read More »MoICE says it is pursuing the scrap export matter
The lack of a formal scrap export arrangement is leading to the imposition of Gunda Tax, extortion and the seizure of Bhutanese trucks in Jaigaon, threatening livelihoods in Bhutan in the process. It may also contribute to the exhaustion of the country’s landfills. This is in contrast to the period …
Read More »MoF and ADB looking at feasibility of establishing Asset Management Company to deal with NPLs
The latest Non Performing Loans (NPL) data as of August 2026 shows that NPL has reached 4.07 percent at Nu 11.729 billion (bn), which is the highest ever in terms of total amount. The Royal Monetary Authority (RMA) limit is 5 percent NPL for banks, and RMA usually takes the …
Read More »Pay Commission hike percentage to rely on P II revenue
The Prime Minister Dasho Tsering Tobgay, at the close of the meet-the-press announced that His Majesty The King has commanded the formation of a Pay Commission to be chaired by the Druk Green Power Corporation (DGPC) Managing Director, Dasho Chhewang Rinzin. It is understood that the Prime Minister, following constitutional …
Read More »“The SSB soldier slapped me twice in front of everyone, forced me to sign documents and then seized my truck”: Bhutanese scrap truck driver
Pema Dorji (23) was driving his truck loaded with hollow blocks into Bhutan through the Bow Bazar gate in Jaigaon on 28th September when he was stopped by the Sashastra Seema Bal (SSB). The SSB soldiers said he had been carrying scrap a few days earlier from Phuentsholing and was …
Read More »Mediation efforts fail as Kalu Rinpoche vs Couple dispute moves toward legal action
Attempts to resolve a dispute between Kalu Rinpoche and a Bhutanese couple in Perth, Lhaki Dema and Tashi Dorji, over the management of the Druk Community Center Australia (DCCA) and statements made by Kalu Rinpoche on TikTok have failed to produce an agreement. Lhaki Dema and Tashi Dorji, under legal …
Read More »Powerful new nexus in Jaigaon threatens Bhutanese exporters
Scrap export comes to a halt and affects livelihoods of the most vulnerable More details have emerged on the Nu 10,000 Gunda Tax per truck of scrap demanded by politically connected goons, in addition to the existing Nu 4,000 that is paid to officials in Jaigaon, putting an effective dampener …
Read More »Nu 170 bn P I project to start right bank rectification in early 2027
After a delay of around six months, the draft supplementary agreement, along with the finalized construction methodology and schedule for the right bank of the 1200 MW Punatsangchu I project, has finally been shared with the construction company Larsen & Toubro by the overall consultant Water and Power Consultancy Services …
Read More »Sophisticated new OTP bank scam hooks even smart and educated users
Sonam (name changed) had been seeing a notification for some days on Facebook, asking clients to update their details with the bank as per instructions from the Ministry of Finance. It warned that users who failed to do so would have their accounts suspended immediately. While scrolling through Facebook, she …
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