During the First Sitting of the 7th Parliamentary Session, the Member of Parliament (MP) of Bumdeling-Jamkhar constituency, Dupthob, raised a question to the Prime Minister (PM) on what the government is doing to bring down the fuel prices to the same as few months ago, considering Bhutan imports a lot …
Read More »All restaurants to be allowed to sell alcoholic drinks tentatively from 1 June
According to the Minister of Economic Affairs Loknath Sharma, all restaurants (both new and existing ones) will be allowed to sell alcoholic drinks, and function both as a bar and a restaurant tentatively with effect from 1 June 2022. The Lyonpo said, “After so many debates and deliberations, I am …
Read More »Thimphu Tech Park aims to be Center of Excellence in IT and go global
Thimphu TechPark Limited (TTPL), Bhutan’s first IT Park, was started a decade ago to attract IT companies from Bhutan as well from abroad to work in a stimulating environment, and build the much needed ecosystem in the IT sector since it holds great potential for a landlocked country, like Bhutan. …
Read More »Shareholders worried about no dividends and dwindling or static share value of Financial Institutions
After the Royal Monetary Authority (RMA) froze the dividends of financial institutions (FIs) few years ago, the investors are very pessimistic about getting their dividends at all. Kunzang Dechen, a top investor and businessman in Bhutan (who invested Nu 4.5 million in two start-up businesses) said that it has been …
Read More »OCP fines 42 business entities in April
During the month of April, the Office of Consumer Protection (OCP) inspected a total of 244 establishments around Thimphu to check the compliance of Consumer Protection Rules and Regulations. The office also recorded 16 complaints from consumers across the country for that month. Out of the 244 establishments, 139 business …
Read More »Industries will take another 2 years to fully recover: BCCI President
According to General Secretary of Association of Bhutanese Industries, it is just the ferrosilicon industry that is doing well. “As you might be aware, the rates for the ferrosilicon are very good in the market, so only the ferrosilicon business is going well. Rest of the industries are still trying …
Read More »Civil servants allowed to speak to media as long as it is truthful and constructive: PM
During the recent press conference, a concern was raised on dissemination of information between media and government officials after the recent action against Forestry officials for insubordination and MoEA action against a Chief level officer for criticizing the government on social media, to which the prime minister replied, “Before I …
Read More »Future of ex-drayang employees and gaydrungs to depend on their own hands: PM
During the press conference with the media, when asked about ex-Drayang employees not being eligible for trainings that require educational qualification and as they struggle to make a living, the Prime Minister said that the ex-drayang employees have the same access to the opportunities created by the government. “We are …
Read More »Government to soon start issuing bar licenses again
The restriction of bar license since 2010 has not reduced consumption of alcohol, but as some people have pointed out, it has increased illegal sale of alcohol, fronting, and unethical license trade and operation of numerous illegal bars. The motion to lift the ban on bar license has been passed …
Read More »Drayang President worries about desperate and unemployed ex-drayang employees joining the sex industry
When the government banned the drayang industry, a promise was made to ensure the livelihood of ex drayang employees. The government pledge was to have the laid off drayang employees apply for courses to skill them so they can earn a livelihood. However, the catch is that most courses offered …
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