BUSINESS

During the Friday Question-Hour session, Athang Thedtsho MP, Kinley Wangchuk, put up a question on the high interest rates collected by the banks in Bhutan. ‘’Surprisingly, unlike any other businesses, banks in Bhutan endure no risk of failing. The reason is that they are well fortified by high interest rates …

Economic and Finance Committee of the National Assembly constituting of 13 members headed by Athang Thedtsho MP, Kinley Wangchuk, presented 18 recommendations on the National Budget after observations on 12 June. The committee reviewed the budget reports in keeping with the Constitution of the Kingdom of Bhutan, Public Finance Act, …

Trashigang is in need of improved farm roads, better water supply, and protection from wildlife. Rural-urban migration and gungtong and insufficient budget for local development are some of the other issues in the dzongkhag. Udzorong Udzorong Mangmi Pema Yangden said solving the water shortage issue a must.  The water supply …

Khamed-Lunana MP Yeshey Dem questioned the Labor Minister Lyonpo Ugyen Dorji about issues, plans and strategies to address the youth unemployment issue. She said that according to the Labour force survey report, released on May 25 by the National Statistics Bureau, the national youth unemployment rate stands at 15.7%   which …

The Chairperson of the Legislative committee, Bongo-Chapchha MP Tshewang Lhamo introduced the Penal Code (Amendment) Bill of Bhutan 2019 and asked for the third reading to be conducted in this session. The most significant amendment proposed to the Penal Code bill 2019 was the reduction of age of consent for …

Action to be taken against violating operators if suspicious deduction is found The MP from Jomotshangkha-Martshala, Norbu Wangzom questioned the government on recent excess data charges for internet usage by Bhutan telecom. MP Norbu Wangmo said that in the recent times, people have been clamoring about Bhutan telecom’s deduction of excess data usage and she …

The Central Water Supply Scheme project funded by World Bank was taken up by M/s Nima construction co Pvt. Ltd and M/s Fine INC from Korea for construction of intake, transmission main from Dodena to Taba and distribution mains with CWR at different locations including Care takers quarters and M/s East west construction and Fine …

As if the rise of regional tourism and undercutting is not bad enough, Bhutan’s tourism Industry is seeing the rise of a new kind of challenge which is fronting in the tourism Industry -where foreign tour companies use Bhutanese tour licenses to run their business in Bhutan. The result is …

50 students from Tang central school got infected by chicken pox. Several symptoms like redness scattered across the body was noticed, along with complain of fever and nausea. The BHU health assistant said although the number of cases are seen each day, various precaution measures are taken by the schools …

Given the historical importance of the Jigme Namgyel Naktshang in Dungkar—the ancestral home of Wangchuk Dynasty, works are underway by the Lhuentse Dzongkhag administration to turn the 16th-century structure of immense historical importance into a museum within the 12th FYP. According to Jambay Wangchuk, the Lhuentse Dzongda, there are many …