Dantak Chief Engineer says this was a mistake by ground level workers and that Dantak is working in close coordination with MoWHS A Bhutanese by the name Tashi Gyeltshen uploaded pictures on Facebook of reflectors on the Paro-Thimphu highway resembling the Indian tri-color flag of saffron, white and green. The …
Read More »Chinese Vice Foreign Minister’s visit show Bhutan-China ties are back on an even keel
Bhutan saw the visit of the Vice Foreign Minister Kong Xuanyou from 22nd to 24th July, 2018 accompanied by the Chinese Ambassador to India Luo Zhaohui and other officials. The Vice Foreign Minister during his visit met with His Majesty The King, His Majesty The Fourth King, Lyonchhen Tshering Tobgay …
Read More »ECB working on improvements for the 2018 NA polls to make it easier to vote
Debate formats will also change and the budget will be increased for parties and candidates The National Assembly and the current government will finish its five-year term by 1st August 2018. This is because the house had its first sitting and election of the Speaker on 2nd August 2013. The …
Read More »Lyonchhen gets commitments from India for 12th plan funds, fair Mangdechu tariff rate and implementation of mega power projects
Lyonchhen Dasho Tshering Tobgay is on an official visit to India from 5th to 7th July 2018 at the invitation of the Indian Prime Minister Narendra Modi. Among a host of bilateral issues, the three top issues from Bhutan’s side was seeking a broad Indian commitment for the 12th plan, …
Read More »Economic growth, access to finance, land scarcity and remittances lead to skyrocketing land prices in Thimphu
Thimphu last saw land rates reaching a record high in late 2011 and early 2012, before an economic crisis hit in the form of the rupee crisis and the resultant curtailment of credit. Economic growth also reached a historic low of 2.1 percent in 2013. The result was a crash …
Read More »Constitution leaves selection of Cabinet Secretary to PM: RCSC
With the Royal Civil Service Commission (RCSC) accepting the resignation of the incumbent Cabinet Secretary, Kinzang Wangdi in early May 2018, the post of the senior-most civil servant is vacant. Kinzang Wangdi joined the People’s Democratic Party (PDP) as it Bartsham-Shongphu candidate in mid-May. Normally, in the case of the …
Read More »First ever individual performance evaluation of civil servants show 19 percent perform at a higher level
The Royal Civil Service Commission’s (RCSC) first year of its performance assessment system results, that track the individual performance of all civil servants, confirmed some long standing conventional wisdom on the civil service. The wisdom being that roughly around 20 percent of the civil servants are very hardworking and take …
Read More »BCCI threatens to pull out of SAARC body after Pakistan’s FPCCI tries to take Bhutan’s turn as President
The Bhutan Chamber of Commerce and Industry (BCCI) has written to the SAARC Chamber of Commerce and Industry (SAARC CCI) saying that BCCI might consider withdrawing from SAARC CCI if Bhutan’s BCCI is not given its rightful turn to be the President for 2020 to 2021. This letter sent on …
Read More »Ongoing Mangdechu project tariff negotiations vital for Bhutan’s upcoming projects and economy
If there is one negotiation to keep an eye on, then it is the ongoing electricity tariff rate negotiations for the 720 MW Mangdechu project scheduled to be commissioned by November 2018. This is because in the ongoing negotiation between Bhutanese and Indian officials the method of setting the tariff …
Read More »Loan interest reduction saves more than Nu 3 bn per year for 108,934 loan accounts
Namgay Dorji, is the Managing Director of the Namgay Heritage Hotel in Thimphu, Hotel Namgay in Phuentsholing and a beer factory and restaurant in Paro. He said that the loan interest rate reductions from September 2016 has meant that he pays upto Nu 200,000 less per month to the banks …
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The Bhutanese Leading the way.