P-1 Civil Works Consultant CWC does not agree and feels right bank can be strengthened The 1,200 MW Punatsangchu I project is not just faced with a geological challenge on its right bank, but now two expert Indian agencies, the Central Water Commission (CWC), which is the project’s civil engineering …
Read More »PHPA-I’s Finance Wing nullifies Nu 7.19 bn in ‘bogus claims’ by two contractors
A reliable source says pressure was put to ‘go easy’ on these claims. The P-1 MD refuted such pressures were put Nu 3.9 bn claim by L&T is again being ‘reviewed’ by PHPA despite the senior PHPA dispute committee headed by Director Finance ruling against it in a report Nu …
Read More »Jomotsangkha patient tests negative but leaves behind a mystery
On 8th May the Health Minister Dechen Wangmo in a press conference said that the Jomotsangkha case had tested positive six times for Immunoglobulin M (IgM) antibodies on the Rapid Test Kit (RDT) which either means an early infection or an early path to recovery. She at the time explained …
Read More »Bangladesh link becomes even more crucial after massive internet disruption
Internet disruption has a massive impact of Bhutan’s IT sector, govt services, private sector, communication, education and more Three elected governments have repeatedly followed up for a third gateway with India from Bangladesh but with no luck so far Bhutan Telecom is the largest internet service provider in Bhutan with …
Read More »How the PM and the Cabinet are dealing with the COVID-19 stress
These are stressful times with COVID-19 and the stress is at its highest among the top decision making levels of the government, apart from the frontline workers. The Bhutanese asked the Prime Minister Dr Lotay Tshering how he and his cabinet colleagues are grappling with all the stress and psychological …
Read More »STCBL CEO compulsorily retired for sexual harassment complaints
The first such case in Bhutan of action being taken against a senior figure for such complaints In what is the first case of its type in Bhutan of a major management or senior figure losing a job over sexual harassment complaints, the State Trading Corporation of Bhutan Limited (STCBL) …
Read More »Govt ready to inject liquidity into banks if they need any protection: PM
NPL interest waiver will benefit the banks too says PM With the economy coming to an effective halt due to COVID-19 and the hurt spreading to many sectors, one concern is many companies and individuals being unable to pay back their loans with no business or revenue. His Majesty’s interest …
Read More »COVID-19 Impact: Domestic Revenue to drop by Nu 10 bn in 2020-21 budget
Govt to slash recurrent expenditure by Nu 5 bn in 2020-21 budget except for pay and essential activities With COVID-19 impacting all sectors of the economy the forecasted domestic revenue for the 2020-21 budget has dropped from an initial one of Nu 43 bn in the pre-COVID-19 time to now …
Read More »Bhutan short of 20,000 construction labourers and half of remaining 28,000 set to go back: COVID-19 Impact
Government coming up with Build Bhutan to get Bhutanese to become professionalized construction workers Lyonchhen Dr Lotay Tshering said that due to the COVID-19 crisis Bhutan currently has a construction labour shortage of nearly 20,000 labourers, but this shortage is only set to get even worse. “There is around 28,000 …
Read More »BCCI finds that all sectors are hit in its consultations
It is well known that the tourism sector has taken a major hit from the COVID-19 pandemic but what is not as well known that now virtually every sector of the Bhutanese economy has been impacted due to the pandemic. The Private Sector COVID-19 task force organized by the BCCI …
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The Bhutanese Leading the way.