In what will come as a major relief to banks and bank employees, the High Court ruled banks and their employees need not pay the interest and penalty of Phajo Nidup amounting to Nu. 129.154 mn imposed on various banks by the Special Bench on May 2024. Initially, the time …
Read More »Bhutan’s deaf community form organization to help the deaf realize their potential
With the global prevalence of hearing loss on the rise, and the World Health Organization (WHO) projecting that by 2050 700 million will face hearing loss, the need for comprehensive support systems is urgent. Coinciding with this growing concern, and in alignment with the International Week of Deaf People themed …
Read More »The economic costs of social exclusion of vulnerable groups
Social exclusion, particularly of vulnerable groups, such as LGBTQI+ individuals and people with disabilities (PWD), poses significant economic challenges for both individuals and society. The consequences of exclusion extend far beyond the immediate impact on affected individuals; they stifle innovation, reduce productivity, and place an undue burden on healthcare systems. …
Read More »PM in Singapore and USA visits
Prime Minister Dasho Tshering Tobgay embarked on a three day working visit to Singapore followed by a visit to the UN General Assembly in USA. Upon arrival, the Prime Minister met with the President of Singapore, H.E. Tharman Shanmugaratnam, at the Istana Presidential Office. In the evening, the Foreign Minister …
Read More »Farmers opt for chain link fencing over electric fence
Farmers battling with wildlife incursions into their fields are increasingly abandoning electric fencing in favor of chain-link fencing. Agriculture extension officers and local leaders report that farmers are opting for sturdier and more reliable fencing options, as the electric fences are prone to rapid deterioration and require high maintenance, which …
Read More »BCSE candidates ask removal of some section and extended time in preliminary exams
The Bhutan Civil Service Examination’s (BCSE) Preliminary Examination (PE) has always been a significant achievement for those aspiring to enter civil service. This year’s PE shows an increase in participation. 4,102 graduates appeared for the PE, marking an increase of 732 candidates. 3,370 candidates appeared for the PE in the …
Read More »The impact of the Bangladesh situation on Bhutan’s trade and students
Minister of Foreign Affairs and External Trade (MoFAET), D.N Dhungyel, during the 7th Meet-the-Press shared that Bhutan still has a positive trade balance with Bangladesh, despite the current political crisis in Bangladesh. Lyonpo shared that in 2023, the total trade between Bhutan and Bangladesh was Nu 5.83 billion, with Bhutan …
Read More »Department of Law and Order takes action against unauthorized donations
The Home Minister, Tshering during the 7th Meet-the-Press, shared that individuals engaging in unauthorized donations will face consequences under the relevant provisions of the Penal Code of Bhutan, particularly those related to deceptive practices and larceny by deception. Lyonpo said that the recent notification regarding unauthorized donations is a continuation …
Read More »BNB gets ‘Best Bank in Bhutan’ award for second year
Bhutan National Bank (BNB) has been awarded the title of ‘Best Bank in Bhutan’ for the second year in a row at the ICC Emerging Asia Banking Conclave & Awards. The event, hosted by the Indian Chamber of Commerce, took place on August 23, 2024, in New Delhi, India. The …
Read More »P I final mile on timing of rectification measures and P II tariff expectations
While it is established that the much delayed 1,200 MW Punatsangchu I project will have a dam, the final discussions between the Bhutanese and Indian Technical Coordination Committee members is on when to carry out the rectification measures on the right bank. While the Indian side had favored doing rectification …
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The Bhutanese Leading the way.