The Draft FDI Rules and Regulations 2024 has major changes in various areas from labour to land and in between compared to its predecessors the 2019 FDI regulations (amended in 2020) which itself had been more liberalized compared to the 2012 FDI Regulations (amended in 2014). This is part of …
Read More »Govt to allow Private Sector to invest in hydropower
In a major change to how Bhutan does projects in the hydropower sector the Cabinet recently gave an in principal approval for the private sector to invest in hydropower. This is part of the government’s Renewable Energy Road Map by 2040 that aims to add 20,000 MW of renewable power …
Read More »Wangchu deal with Adani dead on arrival over majority stake differences
A credible source in the government has said that the Wangchu deal with the Adani Group is as good as dead due to the conditions of the Adani Group. This is after the Adani Group indicated that it wanted a 70% majority stake in the project and not just a …
Read More »48,325 persons with disabilities in Bhutan comprising 6.8% of the population
This only includes ages 5 and above The National Health Survey in the most detailed survey of its kind till date found that there are 48,325 persons with disabilities in Bhutan out of 710,667 people. This is 6.8 percent of the total population. The figures are only for those who …
Read More »Nu 1.7 bn projected revenue loss due to P II seepage delay
Water seepage from the roof of the power house means that there will be a three month delay in commissioning the units of the 1020 MW Punatsangchu II. In the original plan two units of 170 MW each or 340 MW in total were supposed to be commissioned and start …
Read More »RCSC turns down regularization bid but Govt still trying
A couple of months ago the RCSC Commission meeting approved that contract periods of ESP and GSP staff will be extended from three to five years. This move basically meant that the Commission was not agreeing to the government’s requests to regularize contract staff as full time regular employees. It …
Read More »Dr Karma Phuntsho’s take on the migration crisis and possible solutions
Ramon Magsaysay Award winner Dr Karma Phuntsho shared his thoughts on the migration crisis and possible solutions. “I think His Majesty The King, the Prime Minister and all leaders are making concerted effort to address this, and what we do as a Civil Society Organization, and individuals, is to supplement …
Read More »Bhutanese fuel likely being adulterated before entering the country
As large numbers of Euro 6 or BS 6 diesel vehicles break down in the country, the prime suspect is the fuel quality in the country, and this suspicion was confirmed when two lab results obtained by vehicle dealers showed the fuel was contaminated in two affected vehicles. The next …
Read More »PM says lot of interest to invest in Bhutan
The Prime Minister Dasho Tshering Tobgay has been making a number of foreign visits in the last few months to multiple countries with the latest being Thailand. The Prime Minister said that there are three purposes for the visit. He said the first is to reconnect and nurture Bhutan’s friendly …
Read More »From being bullied in school to winning the Ramon Magsaysay Award
Karma studied in Ura primary school till class three and after that moved to Jakar school where he studied till class eight. In Dr (Phd) Karma Phuntsho’s seminal work, “The History of Bhutan”, the back jacket of the book has Dasho Karma Ura, writing about the book, saying, “Unmatched in …
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The Bhutanese Leading the way.