BUSINESS

The annual implication of the pay commission’s pay hike is Nu 4.238 bn a year and 17.913 bn in the next four years. However, if increased salary hike grants to be given to the autonomous Royal University of Bhutan and other institutions and increased student stipends are included then the …

The Third International Conference on Vajrayāna Buddhism began yesterday in the capital with the theme—Techniques in Vajrayana Buddhism. The two-day conference was organized by the Centre for Bhutan and GNH studies (CBS) in collaboration with the Central Monastic. As per the CBS, the conference, in essence will address issues of …

The Basic Pay Hike The Cabinet released the fourth pay commission report which recommends a 14% to 29% pay hike. For civil servants the pay hike recommendation is 14% to 21% hike. It has a higher hike of 21% for O4 to O1 level, 18% for S5 to S1 level, …

In order to facilitate tshethar activities or the practice of freeing living beings from slaughter and death, the Ministry of Agriculture and Forests has developed guidelines for tshethar practices in the country. Providing the rationales behind the formulation and enforcement of the guidelines, agriculture minister, Lyonpo Yeshey Penjore said a …

Perched centrally between Jarey and Maedtsho gewogs, Zangkhar Primary School in Lhuentse has been distinguished in the 90s despite its remoteness for having excelled remarkably in academics amongst all the schools in the country. It is the second school established in 1962 after Lhuentse Primary School in the dzongkhag. Today, …

Discos in Thimphu will be allowed to stay open till 5 am A committee comprising of members from all relevant stakeholders decided that discotheques under Thimphu Thromde will be allowed to operate until 5 AM. They came to a conclusion after studies and discussions for the past three years. The …

One of the main pledges of the DNT was to provide affordable housing, however, major urban places like Thimphu and Phuentsholing are seeing land prices climb to record levels and along with it rents and apartment prices. In response to a question on the issue Lyonchhen said that the government …

During the Friday meet, the Prime Minister Lyonchhen (Dr) Lotay Tshering, in response to a question said that that the number of hotels in the country has increased over the years because of a flaw in the policy where fiscal incentives were provided to hotels indicating people should invest more …

The Royal Monetary Authority (RMA) , concerned with the rapid rise of loans to hotels touching around 27.935 bn in November 2018, did a comprehensive study on the issue led by the Department of Financial Regulation and Supervision (DFRS). The RMA report recommends that RMA in consultation with the Tourism …

Learning the irrelevancy and taxing nature of the syllabus practiced in the education system, the rationalized curriculum, also known as curriculum thinning will be implemented this academic session. The Director of the Royal Education Council (REC), Kinga Dakpa said the work started since the beginning of 2017 which involved the …