Tshering Ngedup Thobchog

Inflation to peak at 6.87% by end of 2021

PM presents the State of the economy in the SOTN The State of the Nation report presented by the Prime Minister said supply chain disruptions and increasing commodity prices contributed to high food inflation with another factor being switching of drivers between high and low risk areas.  Soaring prices have …

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50 business entities penalized by OCP from July to December

Within the span of six months (July to December) this year, the Office of Consumer Protection (OCP) under the Ministry of Economic Affairs, penalized 50 business entities and shops for the violation of the Consumer Protection Act of Bhutan, 2012 and Consumer Protection Rules and Regulations, 2015. They were also …

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Kholongchu project at a standstill

The National Council questioned the MoEA Minister Lyonpo Loknath Sharma on delays to the 600 MW Kholongchu project as decisions are getting delayed at due to major differences of views and opinions between the Shareholders (DGPC and SJVNL) and a hung Board with 50:50 membership with a Chairman who has …

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Four bills tabled during the sixth parliamentary session

The Civil Society Organization (Amendment) Bill of Bhutan 2021, Private Members Bill and three Money Bills, the Customs Duty (Amendment) Bill of Bhutan 2021, Tax (Amendment) Bill of Bhutan 2021, and Goods and Services Tax (Amendment) Bill of Bhutan 2021 were tabled during the first day of sixth session of …

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Government to shift its focus to existing hydro projects

Although hydro power is one of the most important source of revenue in the country, but it constitutes around 73 percent of the national debt, and although government has assured the people that hydro debt is self-liquidating, concerns has been raised on what the government is doing to bring the …

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