BUSINESS

Jigme Namgyel Naktshang in Dungkar to be turned into a museum

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 …

Read More »

Bulk of Mangdechu revenue will go to finance pay hike

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 …

Read More »

What the Pay Commission report offers

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, …

Read More »

Government cannot restrict the number of hotels: PM

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 …

Read More »