Constitutional provisions of free education and healthcare are pointless for the disabled without accessibility and inclusiveness: Chairman of Disabled Person’s Association Bhutan on 3rd December observed the International Day of Persons with Disabilities through a program in Paro. Now, it may come as a surprise, but Bhutan is one of …

The current National Pension and Provident Fund (NPPF) with 65,267 members from the civil service, government corporations and the Armed Forces is looking at major reforms, of which the main one will be how it calculates and pays out pensions to make it equitable and sustainable. The NPPF Pension and …

The Ministry of Economic Affairs (MoEA) and the Ministry of Finance (MoF) in their reports to help the economy recover from the COVID-19 have recommended for opening up the timber industry and having a bigger wood based industry. The MoF recommends privatizing logging activities in designated sites by Department of …

The Prime Minister Dr Lotay Tshering denied any political intervention in the violation of the FDI rule in the Multi Level Car Park (MLCP) project. As per Section 10 of the FDI Rules and Regulations 2019 it says, ‘The FDI company shall retain 100% of the foreign equity invested in …

The Speaker Wangchuk Namgyel paid tribute to His Majesty The King for His Majesty’s leadership in fighting COVID-19, and in doing so expressed and channeled what a lot of Bhutanese have been feeling in the past few months. He said His Majesty the King has always shown great compassion and …

Also calls for Micro Finance for small businesses outside banking system and relaxing rules to list on the stock exchange to raise capital The Ministry of Economic Affairs (MoEA) as a part of its recommendations to help the economy recover from COVID-19 has recommended certain measures to ease access to …

The Minister of Economic Affairs (MoEA) has come up with a slew of measures to help Bhutan’s manufacturing sector which has been impacted by COVID-19. Convertible currency to purchase cheaper raw materials from third countries The MoEA says that it is economically viable to support Bhutanese industries that cater to …

MoEA also recommends developing an offshore financial center in Bhutan Desperate times call for desperate measures and the two main economic and financial wings of the government in the form of the Ministry of Economic Affairs (MoEA) and Ministry of Finance (MoF) are recommending bold economic reforms to stimulate the …

For those parents who buy baby diapers, the Mamy Poko is a popular brand. However, if you buy Mamy Poko imported from India you pay far less and for the same diaper of a better quality imported from Bangkok you pay far more due to the additional customs duty. Similarly, …

At stake is hundreds of millions in new loan money to a project already making losses Thimphu Thromde willing to handover MLCPs for 22 years to banks if loan is not paid Questions over actual cost escalation of project and due diligence over loans KCR Pvt Limited, the private company …