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 …
Read More »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 …
Read More »Status of Punatsangchu I, II and Kholongchu Hydro power project
It has been thirteen years since the start of the Punatsangchu power project I, with an estimated initial estimated cost to be around Nu. 35.14 billion, and as of now expenditure has been around Nu.93.75 billion which is a total increase of Nu.58.6 from the estimated cost. Similarly, two years …
Read More »Bhutan Airlines and Druk Air struggle with Nu 1.8 bn in losses
The Coronavirus has left many business entities in shambles all across the world and the air transportation business is no exception. With the measly number of clients, the two airlines in Bhutan are struggling to meet the daily operational costs let alone make a profit. Bhutan Airlines After the onset …
Read More »DRC’s new vehicle registration system to combat bribery and inefficiency of vehicle registration at MDP
The need for digital registration of vehicles started after the closure of the border gate on 24 March 2020 due to the pandemic. All import and export of goods were routed through Phuentsholing since only Jaigaon Land Customs Station was permitted to operate during the complete lockdown in India. On …
Read More »Need for a professional funeral service in Bhutan
Death is an unpredictable and inevitable phenomenon that happens to everyone. When a loved one dies, the family members are confronted with a couple of decisions that need to be made under great emotional distress, especially the funeral process. It can range from offering a small prayer in a humble …
Read More »The story of 12,000 Bhutanese in Australia
Close to 12,000 Bhutanese are staying in Australia, with about 5,000 being registered with the Ministry of Foreign Affairs. While some go for jobs, others go to become permanent residents, many go for studies and some go on vacations or visits there to be with family and friends. “There is …
Read More »From vegetables to oil to fuel -prices shoot up and up
Aside from the inflation that caused a hike in prices of various goods and commodities (both food and non-food) another phenomenon that caused the prices to escalate are seasonal changes. Three months ago a kilogram of butter cost Nu.480 to 500, now its price is Nu.550 at the Centenary Farmers …
Read More »Labour Minister calls on people with disabilities to join the workforce
The Ministry of Labour and Human Resources, in collaboration with the Disabled People’s Organization of Bhutan (DPoB) provided critical skills training to participants with disability from May 27 to October 26. The five-month long training, which is a first of its kind in Bhutan were conducted at NLD training institute, …
Read More »Your Nu 100 of 2012 is now worth Nu 64 due to inflation
The purchasing power of Ngultrum is 64 as of August 2021 as compared to December 2012. This means your Nu.100 note of December 2012 saved up in a piggy bank only fetch you items worth Nu.64 today. In the past 12 months, the purchasing power of Ngultrum has dropped by …
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