Starting this year, the fuel price has increased rapidly. Over the past 6 months, it generally increased 11 times with rare drops in between. The price of Petrol was Nu 74.90 and Nu 69.14 for Diesel in January 2022 while the price now has gone up to Nu 91.35 for …
Read More »Draktsho’s Fitness and Recreational Room inaugurated
The Draktsho’s Fitness and Recreational Room was inaugurated with fund support from Austrian Bhutan Society and the Federal Ministry for Arts, Culture, the Civil Service and Sport in Vienna, Austria. Since its founding in 2001, Draktsho has made fitness and sports a priority in order to keep students fit and …
Read More »Mushroom training for survivors of GBV
The survivor of Gender-Based Violence (GBV) are most of the time left ideal with very minimum opportunities. Some of the survivors, mostly women and some men, were employed before the pandemic, but are now jobless. Therefore, various trainings are being provided to the survivors so they can earn a livelihood. …
Read More »Implementation of phase four monetary measures may affect cash flow for Banks
The Royal Monetary Authority (RMA) recently issued the Standard Operating Procedures (SOPs) for smooth implementation of Phase Four Monetary Measures. The SOPs state that support measures include deferment of loan repayment, partial repayment, extension of maturity period for loan term, change in repayment frequency, conversion of overdraft/working capital facility to …
Read More »PWDs are earning individually despite failed businesses venture
Given various reasons, some of the businesses which was initially started by the Persons with Disabilities (PWDs) failed. They were trained for five months by the Ministry of Labour and Human Resources (MoLHR) while the UNDP and KOINCA supported them in establishing their businesses. On the other hand, the PWDs …
Read More »Traditional Medicines Hospital to be shifted to JDWNRH
Member of Parliament (MP) of Chhumig-Ura constituency, Drungtsho Karma Wangchuk, requested the Health Minister, Dasho Dechen Wangmo, on the plans to relocate the National Institute of Traditional Medicines currently located at Kawangjangsa to the Jigme Dorji Wangchuck National Referral Hospital (JDWNRH) premises, and the reasons for the relocation. The Health …
Read More »National Script Development Grant launched
On 14th June 2022, the National Script Development grant was launched to help organize and accelerate the Country’s first National Script Development Grant initiated by Golan Pictures, a Film/TV and Media Production company. The NSDG will provide Cash grants to talented upcoming Bhutanese scriptwriters or filmmakers to complete their idea …
Read More »NA passes Transnational Crime and Trafficking Protocol
The National Assembly (NA)has passed the rectification of United Nations Convention against Transnational Organized Crime (UNTOC) and Protocol to Prevent, Suppress and Punish Trafficking in Persons Especially Women and Children (TIP Protocol) with 45 votes on friday. This will be tabled in National Council (NC) during the next session. UNTOC was …
Read More »Govt considering a few hydro projects as 10,000 MW by 2020 fails to take off
During the Sixth Sitting of the Seventh Session of the Parliament, the Member of Parliament (MP) of Khengkhar-Weringla constituency, Rinzin Jamtsho, asked the Minister of Economic Affairs for an update on plans of commissioning any of the hydropower projects, like Dorji Lung, Kuri Gongri, Kholongcu, Gongrichu, Gamrichuu and Nyera Ama …
Read More »Fiscal and Monetary measures to protect and revive economy in Budget 2022-23
During the Third Sitting of the Seventh Session of the Third Parliament, the Finance Minister (FM), Namgay Tshering, presented the Annual Budget Report for the fiscal year 2022-2023. The FM said that the Annual Budget Report FY 2022-23 is based focusing on human resource development and skills development program as …
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