The Dagachu Hydro Power Corporation Ltd (DHPC) in its 8 years of operations has made a total profit of Nu 673.675 million (mn). The profit margins were affected by the forex losses aggregating to Nu. 1,068.923 mn or Nu 1 billion (bn) over the same period. Without the forex losses …

In the last Parliament session both the National Council and the National Assembly passed a resolution to direct the the National Statistical Bureau (NSB) to reexamine the method of calculating inflation to correct any anomalies and ensure that the calculation reflects the economic reality in Bhutan rather than just following …

On 13 July 2022 the Supreme Court upheld a High Court judgment on the RICBL Vs Ugyen Wangchuk Non Performing Loan (NPL) recovery case which said that a Nu 102.39 mn loan owed by contractor Ugyen Wangchuk is to be divided equally between Ugyen Wangchuk, RICBL and the relevant RICBL …

The Director General of the Department of Tourism Dorji Dhradhul recently submitted his resignation to the Ministry of Industry, Commerce and Employment (MoICE) as he not satisfied with the RCSC MaX Annual Performance Assessment where he was placed under Partially Meets Expectation (PME). The DG was later convinced by higher …

The Royal Bhutan Police (RBP) has charged a senior school teacher in Lhamoizingkha with molesting a total of seven school children mainly in classes five and six in a boarding school there. The case first came to light on 21st August 2023 when a young school student of the school …

The Supreme Court upheld the judgment of the High Court In a landmark judgment the Supreme Court on 15 September 2023 upheld the 9-year prison sentence given by the High Court in the Punakha rape case where a school girl was raped by her step father after the death of …

The Civil Service Reform Act 2022 under section 13 did away with Boards in all the existing laws under the civil service and the concerned ministries were to carry out the functions of the Board. This meant an array of commissions, councils, authorities and committees saw themselves being removed, merged …

Until recently, the eight-member expert committee that had been set up by Bhutan and the Government of India (GoI) were unable to agree on the future course of the 1,200 MW Punatsangchu-I, with the Bhutanese side insisting on a barrage due to safety concerns over the dam site, and the …

It was hoped that a generous 50 % civil service pay hike would slow down the attrition rate and it appears to have done just that. Civil servants got their pay hike on 31st July 2023 and so the separation rate in August 2023 was a crucial test. There is …

The People’s Democratic Party (PDP) may lose two of its senior candidates in the form of former minister Dorji Choden, who headed the Ministry of Works and Human Settlement and Namgay Dorji who headed the Finance Ministry. The two former ministers are charged in an abuse of function case by …