Four men have been detained by the Royal Bhutan Police (RBP) in Wangdue Phodrang for pelting stones at a truck and a trailer during the early morning hours of August 17. Although no casualties were reported, however, a windshield, glass window and a looking mirror of the vehicles were damaged. …
Read More »Annual sports meet kicks off in Lhuentse
The football ground of Lhuentse HSS which normally wears a deserted look was filled with students from different schools of Lhuentse yesterday. They had come to participate at the annual sports meet which began from August 22. The annual sports meet 2013 is being conducted in Lhuentse Higher Secondary School …
Read More »International Manchester United try to stamp out Chelsea’s Wayne Rooney interest with ‘back off’ letter
Manchester United supremo Ed Woodward has sent Chelsea a ‘terse’ letter warning them to make no new bids for Wayne Rooney. Chief executive Woodward – backed by the champions’ American owners – put his views in writing in a ‘Dear Roman…’ message aimed to block a new bid. United have …
Read More »Bhutan receives Japan’s first foreign delegation in three years
In the press conference on August 20, the four-member delegation announced, among others, Japan’s intent to establish an embassy in Thimphu after the end of their fiscal year in March. “The lower house fully supports the notion of a Japanese embassy in Bhutan,” said Mr Katsuyuki Kawai, “And we shall …
Read More »The value of austerity measures
The latest draft 11th plan is around Nu 213 bn, of which around Nu 121 bn will be spent on current expenditure like salaries, TA/DA, vehicles, fuel, stationeries, etc., of the government machinery. Only Nu 92 bn will be spent on capital or developmental works and socio-economic works like roads, …
Read More »Response to a Response
There was a RMA reaction today in a newspaper to an article by Dasho Karma Ura titled, “THE RUPEE CRISIS MACROECONOMIC CAUSES AND CURES.” It seems RMA officials have not read the article carefully. In what was published so far, which is Part 1 out of presumably more parts, not …
Read More »Bhutan could lose billions in revenue in 11th plan due to delay in Punatsangchu I
The Punatsangchu Hydroelectric Project Authority (PHPA) managing director (MD), R.N Khazanchi confirmed to The Bhutanese that the November 2016 completion date of the Punatsangchu I would no longer be feasible. This is on account of the sinking of the right slope situated above the dam site by as much as …
Read More »Cabinet adopts austerity measures to ease economic situation
Following the country’s current economic situation, particularly the severe Indian Rupee (INR) shortfall, growing public debt and ever increasing current expenditure, the new government has decided to adopt a host of austerity measures, especially concerning the cabinet members, to curb unnecessary and excessive spending. Setting an example, the fourth sitting …
Read More »FM to make his maiden foreign visit next week
The sixth meeting of SAARC finance ministers is scheduled to be held in Colombo, Sri Lanka on August 30, 2013 preceded by the finance secretaries meet a day in advance. SAARC finance ministers usually meet within the first quarter of every year to take stock of macroeconomic developments and outlook …
Read More »Bhutan Board for Certified Counselors to be established
The Royal Civil Service Commission, Royal University of Bhutan, Ministry of Education, Ministry of Health, Ministry of Labour and Human Resources, Gross Nation-al Happiness Commission, Bhutan Narcotics Control Agency, Royal Bhutan Police, National Commission for Women and Children and RE-NEW endorsed the proposal to establish Bhutan Board for Certified Counselor …
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