EDITORIAL

48,000 vacancies and 30,000 job seekers

In an almost ironical situation the Prime Minister recently said that Bhutan needs around 48,000 workers to fulfill its manpower shortage. However, in the same speech he also said that around 30,000 Bhutanese need to be given jobs due to COVID-19. It is clear that Bhutan has more than enough …

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When Ministers and Executives meet

Thursday 3 pm saw the top cream of the Royal Government of Bhutan coming together in a massive meeting in the Royal University of Bhutan hall, at the invitation of the Prime Minister. The meeting was attended by members of the Cabinet, Constitutional Posts, senior Judges, senior Executives and other …

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COVID-19 threat

Two developments should give us cause for concern. One is that scientists have found that COVID-19 is airborne and thus can spread through even small particles, especially in a poorly ventilated setting where people are not wearing masks. The other issue is neighboring India reaching the third highest number of …

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Using the waiver wisely

His Majesty’s Kidu relief of nine months’ interest waiver, extension of the Druk Gyalpo Relief Kidu by another three months coupled with a 12-month loan deferment has come as a huge relief for an embattled private sector and the larger economy. His Majesty has given us important time at two …

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The Nationalization debate

There are two parties to blame for the issues in the mining industry. One is the mine owner and how the owner or owners run the mine with a short-term view but the bigger flaw lies with the Department of Geology and Mines and their poor monitoring system that allows …

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The danger of complacency

For those under a rock in the last few weeks, COVID-19 is knocking hard on our border gates with a number of cases and outbreaks right across the border. If one looks at a Bhutan, we are virtually surrounded by various states impacted by COVID-19 with the two main ones …

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A middle path on mining

Public memory is short in Bhutan. The now profitable Gypsum mines of SMCL was operated very unprofitably and at a loss by the government until 1980, after which private owners took over and turned it around. The NRDCL a few years ago invested Nu 400 mn in stone quarries all …

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A tough year ahead

The 2020-21 financial year budget reading shows that Bhutan has a tough financial year ahead, especially in a country where the government is by far the largest mover of the economy as a large chunk of GDP growth still depends on government expenditure. With the COVID-19 impact GDP growth rate …

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Bogus claims

Bhutan is hard hit by the economic impact of the COVID-19 and the one thing that the government and country does not have much of is money. This is why cut backs are being made in recurrent expenditure and belts are being tightened to ‘do more with less’ as said …

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Bhutan’s third gateway

The biggest lesson of Cyclone Amphan for Bhutan is the pressing need for a third international gateway for our internet connection from Bangladesh and via India to Bhutan. The downing of internet lines of Bhutan Telecom and partly that of Tashi Cell even for a day or so had a …

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