The Auditor General’s Advisory Series on the “Review of Local Government Development Grant” for three financial years 2021-2024 found that various inefficiencies and misallocation of resources. The report says while the introduction of the Annual Grant in 2019 aimed to enhance the financial autonomy of Local Governments (LGs), the current …
Read More »Who Will Lead the Democratic World?
NEW YORK – The end of Pax Americana is clearly in sight. While this has long been the goal of many leftists battling “American imperialism,” it is not really all that strange that a US government of right-wing zealots ultimately took a wrecking ball to the world order. America’s far …
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Credit Card embarrassment
You have shopped a few things for the family at Uniqlo, and there is a long line behind you. You wonder if it is wise to use your credit card or international debit card from Bhutan, but you are not carrying much cash and so decide to use a card. …
Read More »PIT exemption slab being looked at: MoF Minister
The Finance Minister Lyonpo Lekey Dorji in response to a question in the monthly meet-the-press on revising the Personal Income Tax Slab said the Ministry of Finance acknowledges that the personal income tax exemption limit was last revised in 2020 and that subsequent salary revisions in 2023 have resulted in …
Read More »Mining
When one thinks of mining in Bhutan, the visual is often some Stone Quarries, Dolomite and Gypsum mines with trucks plying. Given that the mining sector has come under much criticism from local communities and oversight bodies over the years, one cannot deny the sector does not enjoy a great …
Read More »His Majesty and the People
If one takes a close look at all of His Majesty’s initiatives and addresses through the years one will notice a common thread flowing through them all. The common thread being a deep and abiding love and concern for his people. Earlier in His Majesty’s reign, His Majesty cris-crossed the …
Read More »What Is MAGAnomics?
By Antara Haldar CAMBRIDGE – While the end of World War II 80 years ago ushered in an age of reason, Donald Trump’s return to the White House has ushered it out. His MAGA (Make America Great Again) movement promises to take a wrecking ball to the postwar global economic …
Read More »Unhealthy Bhutan
The results of the latest Non Communicable Diseases (NCD) survey of November and December 2024 is a wakeup call for the nation. The results are alarming to say the least with a record level of people who are obese and those who have high sugar levels in the blood. High …
Read More »The Crisis in Western AI Is Real
SAN FRANCISCO – The release of the Chinese DeepSeek-R1 large language model, with its impressive capabilities and low development cost, shocked financial markets and led to claims of a “Sputnik moment” in artificial intelligence. But a powerful, innovative Chinese model achieving parity with US products should come as no surprise. It is the predictable …
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The Bhutanese Leading the way.