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 …

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 …

The grant amount for the first time same could be the same as for the 11th plan Even though the 12th plan revenue projections have been badly hit by tens of billions through the delay of the Punatsangchu I and II projects and the Goods and Services Tax (GST), the …

For hydro watchers, the November 2014 visit of the Indian President Pranabh Mukherjee, confirmed long standing doubts about the 10,000 MW by 2020 deal between India and Bhutan announced in 2008. Before the ink could even dry on the paper for this 2008 broad 10,000 MW by 2020 agreement the …

All of the above are expected to join PDP in the coming months The Royal Civil Service Commission (RCSC) recently accepted the resignations of five senior executives of the government including the senior-most civil servant- the cabinet secretary Kinzang Wangdi. The Cabinet Secretary’s resignation was formally accepted last week by …

The National Council (NC) elections may have gotten over on 20th April but the campaigning has not stopped with six new NC members openly aspiring for the Thrizin (Chairman) post and another three for the Deputy Thrizin post. The NC elect members from Bumthang, Chukha, Thimphu, Trashigang, Wangduephodrang and Zhemgang …

But the problem of widening gap between the five year plan start dates and election dates will only get worse in the long term The government has come up with three options to pass the budget before the upcoming June session of the Parliament. The first is to pass the …

For first time higher men turnout due to postal ballot facilities 2 women candidates from Mongar and Punakha Only five incumbents make it of the 12 in the final round The 2018 National Council election saw the highest ever voter turn out at  54.3 percent which would higher than 45.15% …

As per a Ministry of Finance compilation of Fiscal Incentives (FI) in the Hotel Sector, Nu 286 mn was given as incentives for Sales Tax (ST) and Customs Duty(CD) exemption to hotels from 2008 to 2018. Of this the top five companies that are beneficiaries are Bhutan Hotels Pvt Limited …

Around half the FIs have gone back to government companies or the government The Finance Ministry has compiled the detailed list of the Fiscal Incentives (FI), including the beneficiary companies from January 2008 to February 2018. The cabinet recently authorized the list to be published in its entirety on the …