What the Climate Fight Is Really About
NEW YORK – Climate change is no longer a future problem. It is here, and the effects are all around. Worse, today’s extreme weather events are just a preview of the pain that awaits humanity in the coming decades, almost regardless of how fast we manage to decarbonize the economy …
Read More »Natural Disasters
For a long time, the world talked about climate change as something that would be in the future decades down the line once certain temperatures are crossed or carbon in the atmosphere reaches a certain limit. However, the reality is that climate change is already happening and its impacts are …
Read More »Canadian universities and colleges to visit Bhutan
A press release said that representatives from twenty-two prominent Canadian universities and colleges will be showcasing education opportunities in Canada during the second EduCanada delegation to Thimphu, Bhutan on July 26-27, 2023. The participating universities and colleges will highlight the courses they offer, scholarships, information on student experience, accessibility, affordability …
Read More »DHI shows higher revenue for 2022 but decline in profit due to higher operating costs
A press release by the Druk Holding & Investments Ltd (DHI), the commercial arm of the Royal Government of Bhutan, announced strong financial performance for fiscal year 2022 (FY2022). Total Group revenue rose almost 13.77% year-on-year to Nu. 45,866.34 million (US$545.70 million) from Nu. 40,314.15 million (US$479.64 million) in FY2021. …
Read More »ADs
Why the Paris Financing Summit Failed
NEW DELHI – The recent Paris Summit for a New Global Financing Pact was touted by its organizers, including French President Emmanuel Macron, as a groundbreaking initiative to forge a “new contract” between the Global North and South that would address climate change and foster sustainable development. The fact that …
Read More »Bhutan needs skilled workers
More than 15,000 Bhutanese will have gotten Australian education visas in a 12-month period from July 2022 to June 2023. This does not take into account an increasing flow towards Canada and the UK and the more than 8,606 who moved to the Middle-East in the last 10 years. On …
Read More »On loan worries
The Cabinet in a 5 June 2023 letter to the RMA put forth a wish list of 8 points all to do with the monetary sector. As a result of that letter the RMA suspended the commercial housing and hotel loans and increased the incentive for remittance from 2 to …
Read More »The Supreme Court Kicks Away the Ladder
CAMBRIDGE – Fifteen years ago, I watched in rapt attention as a resplendent, yet surreal, scene unfolded: the election of the first-ever African-American US president, Barack Obama. In the past week, the Supreme Court, in a landmark 6-3 ruling, struck down what may have been one of the key factors in making …
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The Bhutanese Leading the way.