With the Acting Secretary of the the Ministry of Finance, Leki Wangmo making it clear there is no special funds in the budget to give a 50 percent pay hike to MoF State Owned Enterprises unless they can afford it, the weak financial status of these SOEs come into light …

Normally, whenever there was a civil service pay hike in the past, it would be followed by the State Owned Enterprises (SOEs) under the Ministry of Finance (MoF) getting one a month or a few months later. This time, the expectation is no different from the under 3,000 or so …

The National Assembly today sent out a press release saying that the Speaker accepted the resignation of Karma Donnen Wangdi, former Minister for Information and Communication with effect form 19 June 2023. The release says the Speaker accepted the resignation as per section 18 of the National Assembly Act 2008. …

Pema (name changed), a working professional in her early thirties was very sure she would get her visa to Australia given her educational qualifications, work experience, IELTs score, acceptance letter from her college and her own sister located in Perth, who was willing to host her.  Pema was so sure …

There has been a major fuel price drop due to the move Slash in Kerosene prices too You may have noticed these days that when you go to fuel up your car, you are getting a lot more fuel for the same amount of money. This is mainly because Indian …

An eight-member expert committee had been set up by Bhutan and the Government of India (GoI) as a final attempt to reach a solution on the 1,200 MW Punatsangchu-I project. After delays, the committee had got an extension until June 2023 and they are supposed to submit a report soon. …

Note: The above does not include teaching allowance and professional allowance for medical staff and others The total bill for the Pay Revision Bill 2023 is Nu 6 billion (bn) which is money that the government largely does not have. However, the pay revision is being made possible by Nu …

The National Statistical Bureau (NSB) has announced that the monthly inflation rate for April 2023 is 3.29%, but your uneasy gut feeling and that emptying feeling in your purse may tell you that the real inflation must be higher and your gut and purse may just be right. The Bhutanese …

Four weeks ago the Druk Holding & Investments (DHI) had announced a strategic partnership with Bitdeer Technologies Group to develop environmentally sustainable, carbon- free digital asset mining operations in Bhutan. The Fundraising was to start at the end of May. However, there is still some confusion among the public on …

600 MW Kholongchu potential funders finish project visit and will give answer soon The much talked about 1,125 MW Dorjilung project has finally gotten a lease of life as the government has written a formal letter to the World Bank asking them to look for the funding of Dorjilung project …