The COVID-19 pandemic has tested the resilience and tenacity of the country by pushing it to its very limits, which has enabled us to access how prepared Bhutan is in tackling such a situation, without triggering dire repercussions. Bhutan’s economy has been adversely affected by the pandemic, and the subsequent …
Read More »New assessment criteria to continue says PM
Overwhelming numbers of students have been failing their exams recently much to dismay of many students and parents alike. This has been mainly attributed to ministry of education issuing new assessment criteria in June 2021 which mandated students from class IV to XII to obtain a minimum of 40 percent …
Read More »False-declaration of import consignment is criminal by nature and will not merit any appeal
The ministry of finance has issued a public notification on 24th of December cautioning all importers and exporters against repetitive offense of under-valuation, mis-declaration and non-declaration of the imported and export consignment. “If there is willful violation of the provisions, the ministry can easily detect that and punish the offenders …
Read More »As hydro wanes Bhutan plans 308 MW of Solar energy projects
One of the renewable sources of energy that could prove to be a boon to far flung parts of Bhutan as well as viable alternative to hydropower energy is solar energy by which, after much deliberation in the national assembly, its potential has been acknowledged by reduction and doing away …
Read More »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 …
Read More »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 …
Read More »Mining activities to resume even if the bill is yet to be passed
Two questions have been raised by the national council against the ministry of economic affairs regarding the mining activities in the country. This first is will the mining activities and issuance of mining licenses resume or be on halt and what are the plans of the government to pass the …
Read More »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 …
Read More »Omicron’s potential adverse impact on Bhutan’s economic recovery
It may be only a matter of time before the ripple effects of the new, uniquely mutated version of Coronavirus, named B.1.1.529 or ‘Omicron’ is felt in Bhutan after reaching India along with 41 countries. “It is impossible not to feel the impact of the Omicron in Bhutan, as we …
Read More »Finance minister justifies that his utilisation of General Reserve Fund is legal
During the second Qestion and Answer parliamentary session, two questions were raised against the Finance Minister Namgay Tshering on whether it was legal to use the general reserve funds for development of gewogs in Finance minister’s own constituency. The general reserve funds are reserved for meeting unforeseen, unavoidable and unexpected …
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