The government also plans to appoint a chief personnel solely to cater to the rural businesses and cottage industries The People’s Democratic Party (PDP) government plans to find ways to provide loans to small and medium industries in line with the Economic Stimulus Plan (ESP). Economic Affairs Minister Norbu Wangchuk …

However, PM said investigations into the lottery scam needs to be closed first The PDP government will resume the lottery business as committed, Lyonchhen said at the ‘Meet the Press’ session yesterday evening. Lyonchhen Tshering Tobgay said, “I need to point out the fact that Bhutanese lottery selling in India …

The 11th FYP (2013-18) expenditure outlay is estimated at NU 213bn Aimed towards self-reliance and inclusive green socio-economic development, the 11th Five-Year Plan (FYP) presented to the National Assembly (NA) was endorsed by the house following hours of deliberations on Thursday. Finance Minister Namgay Dorji who presented the FYP to …

The Public Accounts Committee (PAC) presented the Annual Audit Reports 2008-2011, the Annual Audit Report 2012 and recommendations of the Royal Audit Authority (RAA) at the joint sitting of the Parliament yesterday. PAC chairperson, Trongsa’s NC representative Tharchen introduced the members of the joint committee before making his presentation. According …

The National Assembly (NA) endorsed the Double Tax Avoidance Agreement (DTAA) between the Royal Government of Bhutan and Government of India (GoI) during its session on Thursday. The Royal Government of Bhutan has signed the agreement with GoI for the avoidance of double taxation and prevention of fiscal evasion with …

Lyonchhen Tshering Tobgay justified that the People’s Democratic Party (PDP) has cut down on a lot of unnecessary expenses which exceeds the cost of a minister’s service. This was in response to a query raised by Member of Parliament (MP) Dorji Wangdi during the question hour of the NA session …

11th FYP HRD master plan The human resource development master plan drawn by the Ministry of Labour and Human Resources (MoLHR) for the next five years shows the first choice of employment by the jobseekers is the government sector. There is significant difference in educational attainment across the broad sectors. …

One of the main features of the Bhutan-Thailand bilateral trade agreement is to establish a joint trade committee that will be co-chaired by the commerce minister of the Government of the Kingdom of Thailand and the economic affairs minister of the Royal Government of Bhutan. This was discussed during the …

His Majesty the King and Her Majesty the Gyaltsuen graced the 17th convocation of Royal Institute of Management (RIM) graduates on August 26 in Thimphu. Addressing the 2011-2013 Graduates, His Majesty the King said “We must be prepared to resolve any problems that we may be faced with immense intelligence …

The 11th Five Year Human Resource Development (FYP HRD) master plan of the Ministry of Labour and Human Resources (MoLHR) mainly focuses on private sector development as it is considered the impetus for growth. The government has increased attention on developing the sector for employment generation as well as sustainable …