Six customs officers and three referral patients had tested positive in Kolkata according to the Consul General Thinley Wangchuk. The CG said that the customs officers had tested positive around two weeks ago. He said one of them was more serious and required hospitalization but he has now stabilized and …
Read More »Property Tax Bill to revise land and building taxes untouched since 1992 to raise revenue
The government aims to revise rural and urban land taxes rates along with building tax rates through a Property Tax Bill drafted by the Ministry of Finance (MoF). This will replace the 1992 property taxation policy under which people currently pay very nominal land and property tax rates. Finance Minister …
Read More »Exploring the reasons behind the COVID breach in Thimphu and Phuentsholing
The national capital was in high panic on 20th April as three staff, two females and one male, at a quarantine hotel in Lanjophakha tested positive but this was not the bad news as it was found that the male cook had violated the quarantine and containment protocol to slip …
Read More »Close contact of Phuentsholing case had been admitted to Pediatric ward of JDWNRH
But the high risk area protocol and JDWNRH testing protocol saved the day On Friday evening 16th April a 10-year-old student and his 29-year old mother tested positive for COVID-19 as the first two cases in Phuentsholing. However, in a strange coincidence the first contacts of the the 29-year-old mother …
Read More »Bhutan at risk of major outbreak from transmissible variants where young are also vulnerable: MoH Minister, NI-TAG and WHO Rep
A combination of over confidence with the first dose of the vaccine and general COVID-19 fatigue is leading to an increasing number of people flouting COVID-19 safety protocols from not wearing facemasks to taking part in gatherings. This is as seven community cases came up in Phuentsholing, including two young …
Read More »Those not taking vaccine may be subject to tests for inter-dzongkhag travel and using health facilities: MoH Minister
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 »
The Bhutanese Leading the way.