Board Director appointed by Govt despite Nu 1 mn bribery case trial The Board Director of the National Cottage and Small Industries Development Bank Limited (NCSIDBL) Tshewang Tashi, who is the Deputy Chief Planning Officer of the Ministry of Agriculture and Forests (MoAF) was detained last week by the Anti …

Officials from the Ministry of Foreign Affairs (MFA) and the Ministry of Economic Affairs (MoEA) have been doing research and having meetings on what can be done to change the current fuel pricing modality that will help bring down prices. Now, the main proposal from Bhutan’s side is to have …

On the evening of 13 June, 2022 Thimphu and other places started witnessing long lines of vehicles and even people carrying containers lining up outside fuel pumps as a rumor spread that fuel would soon not be available. The rumor started when fuel trucks were held up at Jaigaon customs …

Bhutan is witness to the ongoing economic crisis in Sri Lanka, which is a combination of excessive government spending via loans, decline in revenue and depleted reserves. Nepal is also facing a crisis of depleting reserves and has restricted imports. Pakistan is looking for an IMF bailout. India’s growth has …

Bhutan, which is still seen as a deeply traditional country across the world, will be sending a Miss Bhutan to the Miss Universe Pageant, who is openly Gay, is of mixed ethnicity and despite losing both her parents at a young age, has achieved so much on her own terms. …

The owner of Choden Transport and Bhutan Ply in Phuentsholing, Phajo Nidup, is at the center for what is increasingly looking like a major defrauding of many banks and land buyers in Phuentsholing. As a result, banks and his alleged private victims have filed or are filing cases in the …

With Bhutan in relaxation mode and the focus now shifting to the economy the Superintendent of Police in Phuentsholing wrote to his Sashastra Seema Bal (SSB) counterpart in 27 December, 2021 requesting for extension of exit and entry timing for vehicular movements from the two gates in Phuentsholing. The letter …

The Royal Audit Authority (RAA) Audit report on the USD 31.526 mn or Nu 2.4 bn (1 USD = Nu 77) ‘Commercial Agriculture Resilient and Livelihoods Enhancement Programme’ (CARLEP), Wengkhar, Mongar project has shown poor implementation of the project targeted at farmers in selected gewogs in six eastern Dzongkhags of …

The Ministry of Economic Affairs (MoEA) has submitted its advice to the Ministry of Foreign Affairs (MFA) where it has said that the way to reduce fuel prices for Bhutan is to get India to remove bulk pricing being charged to Bhutan. Bulk pricing is the higher price that India …

The pandemic and travel restrictions have prevented Bhutan and India from discussing the revision of the 336 MW Chukha tariff which is due since January 2021 since the last hike had been effective four years ago from January 2017. However, with things getting back to normal officials from both sides …