Recently there was some hype in the Indian media about seven additional entry and exit points for trade between Bhutan and India at a secretary level meeting, however, a senior official, on the condition of anonymity said these are not new and have been approved in principle and have been …
Read More »First ever Bhutanese book on Guru Rinpoche launched upon the command of His Majesty The King
There are many books on Padmasambhava or Guru Rinpoche written by foreign scholars, but upon the command of His Majesty The King, Bhutan now has its first ever book on Guru Rinpoche written by Bhutanese authors with a Bhutanese perspective. The Director of the Department of Culture, Nagtsho Dorji, said, …
Read More »More than 100 plus Gups yet to get Audit Clearance for LG elections
The last date to file nominations are on 22nd November 2021, but as of now more than 100 incumbent Gups are yet to get their Audit Clearances to either resign or take part in the local government elections. It is understood that the majority of these 100 plus Gups from …
Read More »PM says no abrupt opening up and everything will be within COVID-19 norms
With around 80 percent of Bhutanese expected to be fully vaccinated soon, there is increasing pressure on the government from large sectors like Construction and Tourism to open up or lighten restrictions. However, the Prime Minister Dasho (Dr) Lotay Tshering in an interview to The Bhutanese said that whatever is …
Read More »RBP to prosecute Penjore for defamation after OAG returns case to RBP
Thimphu District Court accepted the case today The entire country had assumed that the ‘Penjore Penjore’ sedition and defamation case against Penjore had come to an end on 18th June 2021, after the OAG’s sedition case against Penjore was dismissed by the Thimphu District court. This was further confirmed when …
Read More »FM proposes longer loan period and reduced interest rate to deal with NPLs after June 2022
NPL expected to jump from current 14% to 29% after June 2022 The Finance Minister Namgay Tshering, who is the Chairman of the National High Level NPL Committee said that in order to deal with the higher Non Performing Loans (NPL) that are expected after the loan deferment and Interest …
Read More »How Tax evasion, Bribery, Smuggling, Illegal currency trade and Informal payment mechanisms are facilitated by Bhutanese officials and traders at the border
Recently, the Anti Corruption Commission (ACC) started its investigation into tax evasion, bribery and smuggling allegations at the Phuentsholing Mini Dry Port (MDP) with the involvement of Bhutanese officials including customs. However, this is just the tip of the iceberg as The Bhutanese found that this is just a part …
Read More »An uncertain future for Bhutan’s largest mega project
No communication on Sunkosh since October 2019 The 2,560 MW Sunkosh hydro project is the largest and also the sole reservoir project in the 10,000 MW by 2020 commitment by the Indian government, but from all indications so far it looks like this large project is headed nowhere. Bhutan has …
Read More »RUB sends its own team for investigation to Sherubtse
The Royal University of Bhutan (RUB) under the instruction of the Vice Chancellor Nidup Dorji has sent its own team to Sherubtse to conduct its own investigation and collect any additional information and facts. The VC said that the team was supposed to go on 17th October but was delayed …
Read More »Hydro projects earn additional Nu 289 mn due to unseasonal rain
Farmers may have lost heavily due to the unseasonal rains from 16th October onwards, but the hydropower sector has earned an additional Nu 289 mn due to the rains. Before the rains, the river levels were going down and all projects were not operating at full capacity, however, the non …
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