By RCSC With the enactment of the Civil Service Reform Act of Bhutan 2022, Ministries have been reconstituted as follows: 1. Ministry of Agriculture and Livestock; 2. Ministry of Education and Skills Development; 3. Ministry of Energy and Natural Resources; 4. Ministry of Finance; 5. Ministry of Foreign Affairs and …

I’m not a banker, but I’m surprised by the patent lack of understanding displayed by FM Lyonpo regarding the lifting of moratorium on CSI and BDBL.     I read recently a notice by the RMA clarifying the underlying reason and rationale for the imposition of the moratorium in the first place.  Not …

The Phajo Nidup case running into now around Nu 800 mn NPL is no longer about just bad loans and double and triple mortgages, but also about bribery at a large scale running across several government agencies. The bribery questions the sanctity of the Thrams in the NLC and Thromdes, …

CHICAGO – Last month’s midterm elections in the United States were surprising in more ways than one. The Democrats’ unexpectedly strong performance not only has shifted the political terrain for the next two years, but has revealed that a substantial number of voters across party lines, many of them young, …

We must always look forward and improve our standards to progress, but it is also important to sometimes look back and be grateful to not lose touch with our roots and to even learn lessons from the past. On the 115th National Day it is a time to look back …

CAIRO – Despite containing 60% of the world’s uncultivated arable land, Africa has been a net food importer for decades. According to the most recent estimates, food imports are the biggest budget item for many countries across the continent. Amid surging food prices and an appreciating US dollar, Africa’s food bill has …

One of the depressing things about reading the annual RAA report is not just the findings, but how the findings seem to repeat over the years and quite frequently the agencies and at times even the characters. There is almost a Déjà vu feeling about the whole thing and you …

LONDON – The dust has now settled after the United Nations Climate Change Conference (COP27) in Egypt, but there are still many unanswered questions about how to finance emissions reductions and adaptation. The world will not avoid dangerous levels of climate change without a significant increase in investment in developing …

In 2008 soon after MPs were elected to their posts they started getting calls from constituents requesting for voucher recharges and many complied. It was from then that our political thinking and culture took a very wrong turn with people expecting soelra and gifts from politicians for their votes. The …

LONDON – Companies have long had to manage “key person risk,” even taking out insurance against the possibility of losing top executives through death, illness, or injury. But the collapse of the crypto exchange FTX, Meta’s plummeting share price, and the chaos at Twitter following its takeover by Elon Musk suggest that “key people” can pose …