The Health Minister Dasho Dechen Wangmo said that the ministry has asked the Dzongkhags to compile the details and identity of the people who are eligible and have not taken the vaccines. She said this data is difficult for the MoH to collect by itself and so this is why …
Read More »Thimphu Thromde’s MLCPs come under the ACC scanner
The Anti Corruption Commission (ACC) is looking into the Multi Level Car Parks (MLCPs) which is Bhutan’s first Public Private Partnership (PPP) project between Thimphu Thromde and KCR Pvt Ltd after the cost of the project ballooned from an estimated Nu 480 mn in 2014 to Nu 850 mn in …
Read More »Thimphu Thromde says parking fee hike to encourage off street and MLCP parking
Decision taken by former Thromde Tshogde headed by Thrompon On 30th March 2021 the Thimphu Thromde announced a dramatic hike in parking fees within Thimphu Thromde areas saying it got approval from the Finance Ministry. The rate for on street parking was raised from Nu 15 per 30 minutes to …
Read More »Banks favor giving loan deferment to only select key sectors after loan deferment ends on 30th June 2021
A big portion of the COVID-19 economic shock was absorbed through the Royal Kidu that waived off the full loan interest payment from April to September 2020 and 50 percent interest waiver from October 2020 to March 2021. Another major relief was also the deferment of loans until 30th June …
Read More »Govt plans to go for external borrowing to improve capital base of banks: FM
The Finance Minister Lyonpo Namgay Tshering said that the government is planning to go for external borrowing at concessional rates so that it can sub-lend this money to Financial Institutions, which will improve the capital base of the banks and enable them to lend more to the private sector. The …
Read More »Bhutan’s Third International Gateway hopes up after Bangladesh PM commitment
Public memory is generally short, but most will still remember that Bhutan was largely without internet from 21st May evening to a large part of 22nd May 2020 when Cyclone Amphan impacted both Bhutan Telecom and Tashi Cell’s lines coming via Kolkata. Both of Bhutan’s International Gateways come through Kolkata …
Read More »Long delayed Dorjilung gets a mention at Bhutan-Bangladesh meeting
The joint statement from Bhutan and Bangladesh said that the Prime Ministers of Bhutan and Bangladesh noted the substantial progress made in the past towards signing an MOU among Bangladesh, Bhutan and India on trilateral cooperation in hydro-electricity. The reference is to the long delayed 1,125 MW run of the …
Read More »Lyonchhen says vaccines are safe and will allow relaxation of restrictions, quarantine and reopening of tourism
He said all people should come forward so that around 80 percent of the total population is vaccinated to have herd immunity Talking to The Bhutanese over the phone while in quarantine, the Prime Minister Dasho (Dr) Lotay Tshering urged fellow Bhutanese to come forward for the vaccination and he …
Read More »SMCL plans to bring in a third big buyer from Nepal to break the Duopoly
The State Mining Corporation Limited (SMCL) rocked by corruption allegations and an ACC investigation into its export of Gypsum to Nepal is planning to bring in a third major buyer to try and break the Duopoly or the Nepal Gypsum Syndicate. The SMCL is likely to put up the name …
Read More »ACC starts investigation into Gypsum scam by seizing documents and computers in SMCL
The Anti Corruption Commission (ACC) launched its formal investigation into allegations of corruption in the sale of Gypsum by launching a raid in the State Mining Corporation Limited’s (SMCL) office in Samdrup Jongkhar on 15th March afternoon. The ACC seized documents, computers, laptops and phones of the the SMCL General …
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The Bhutanese Leading the way.