The much delayed Kholongchu project in Trashiyangtse might see the two sides agreeing to sign the vital Concession Agreement within the next few months which could be by the end of the year or early next year. Once the CA is signed then the major works like dam, head race …

The issues if not resolved threatens to derail power production from Bhutan’s highest tariff earning project On September 28th one of the four units of the 720 MW Mangdechu Hydroelectric Project had to be suspended and put offline. The brake system of the turbine applied itself when the turbine was …

If all goes to plan the Bank of Bhutan (BoB) may become the first Bhutanese bank to have its own branch in India. The BoB around two months ago applied to the Reserve Bank of India (RBI) to open a branch office in India. There is hope in Bhutan that …

Absence of this back up line proposed for 9 years by Bhutan has prevented international companies from investing in Bhutan’s IT sector In the last few years Bhutan’s Fledgling IT Industry has taken off with the success of the IT Park and other initiatives. It is also one of the …

The right bank of the Punatsangchu I saw a major slide on 22nd January 2019 when the support measures of the August 2016 slide gave way, which has now pushed the completion date to 2025 from the recent completion date of 2024. With a loan interest rate of Nu 12.6 …

Measures are listed in the Draft Regional Tourism Policy and Regulations The recent public outrage over an Indian tourist climbing on a Chorten in Dochula is just one in many cases, and it saw the public asking as to what the Tourism Council of Bhutan and the government is doing. …

The upcoming session of Parliament scheduled for January 2020 will see the introduction of major tax reforms. The biggest tax reform will be the Goods and Service Tax (GST) that will replace the multiple rate sales tax and customs duty right now with a single GST tax rate. It will …

The Foreign Minister Lyonpo Tandi Dorji confirmed that Bhutan and China are scheduled to have boundary talks though there has been no formal date and formal requests yet. Lyonpo said that Bhutan’s Embassy in New Delhi and the Chinese Embassy in New Delhi had informally discussed the need to have …

Recently the automobile and vehicle dealers approached the government complaining of banks making vehicle loans more tough. There has also been issues with an ongoing liquidity crunch with banks going slow on loans and even stopping loans and turning away many seeking loans. The few loans that are being given …

The Anti Corruption Commission (ACC) based on its findings with the BHEL case has clearly found that BHEL’s hiring of a local commission agent is wrong and it has asked for its removal in this and future projects as it inflates the cost of the hydro projects and to also …