With increasing cases of smugglers and people crossing the international boundary of Bhutan with India, there is a huge and growing risk of community transmission coming in Bhutan via a person who gets across undetected but carries the virus. Bhutan shares its boundary with four Indian states starting from Sikkim …
Read More »Bhutan making early efforts to get a share of an eventual COVID-19 Vaccine
There are around a 100 COVID-19 vaccines under development by various countries around the world with two of them ahead of the pack and showing promising results in trials. One of them is the Oxford University vaccine that is already in the stage three of mass human trials as announced …
Read More »Civil Service Exams to be delayed by three months
PE may be held in in October and ME towards end of December The much awaited Bhutan Civil Service Exams (BCSE) will be delayed by around three months. The RCSC Chairperson Karma Hamu Dorjee said that in a normal year students start registering for the BCSE Exams by mid June …
Read More »Bhutan testing more as India crosses 1 mn cases
India maybe the next global hotspot for COVID-19 Neighboring India crossed a million COVID-19 cases late on Thursday around 170 days after it saw its first case in Kerala. As of today it has 1.115 mn cases and 28,084 deaths. In addition to this, the neighboring states of West Bengal …
Read More »Govt looking to invest billions outside for better returns
The Ministry of Finance (MoF) and the Druk Holdings and Investment (DHI) are working together to invest Bhutanese funds in financial markets and instruments abroad to generate better returns for the government. The aim is to also take advantage of this COVID-19 period where global stock markets have experienced a …
Read More »Price is the final barrier for Bhutan’s Third International Gateway
Most internet connections had snapped without this gateway during Cyclone Amphan Following the destruction cased by Cyclone Amphan in Kolkata, Bhutan saw its largest Internet Service Provider (ISP) Bhutan Telecom crash out on 21st May evening with no internet lines until the next day on 22nd May. The second largest …
Read More »Relief measures saved the Private sector from Financial collapse and job losses
Sector specific issues remain due to the larger COVID-19 impact The Private Sector COVID-19 Task Force since April has been meeting various business associations and business representatives in the Dzongkhags and the outlook was grim. Though every association and business came up with a host of issues unique to their …
Read More »Accepting NC’s recommendation to nationalize some big mines would have instead impacted 15 stone quarries and 5 small mines
A senior government official said that there is misunderstanding on the National Assembly not accepting the National Council recommendation to continue allocating mines (new mines and those mines whose leases expires) to SMCL till the process of amending the mines and minerals management Act is completed. He said, “The suggested …
Read More »Nu 387 mn in losses due to 2 non functional units in Chukha and Mangdechu
Losses are Nu 199 mn from Mangdechu and Nu 188 mn from Chukha Meanwhile Mangdechu unit repaired by an all Bhutanese team after 24 days Bhutan’s rivers have been in full flow from the second week of June with the monsoon arriving early in addition to earlier rains, and all …
Read More »600 MW Kholongchu to finally take off with signing of Concessional Agreement but a COVID-19 shadow looms
The much delayed 600 MW Kholongchu project will finally take off after the Concession Agreement was signed on 29th June between the Ministry of Economic Affairs (MoEA) representing the Royal Government of Bhutan and the Kholongchu Hydro Energy Limited (KHEL). The event saw virtual attendance of the Indian side with …
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The Bhutanese Leading the way.