The Lhakhang Karpo case involving the Foreign Minister in his former capacity as the then Haa Dzongda will not be the first time that a serving minister has some past issues haunting him. This was also observed in the Gyelpozhing land case where several former ministers of the previous government …
Read More »Time for small business
The biggest weakness in Bhutan’s private sector is not so much the absence of big players as the weakness of its small and medium enterprises (SMEs). A lot of the economic woes of Bhutan can be traced back to the weakness of this sector. In any country across the world …
Read More »The need for a critical culture
The Royal Monetary Authority (RMA) floated some draft guidelines on opening up of home, car and consumer loans for public feedback on its website recently. This paper not only covered a story highlighting those guidelines, but also praised RMA for seeking public consultation on an important issue. However, when the …
Read More »Lessons from the Great Fourth
As His Majesty the Fourth King Jigme Singye Wang-chuck is one birthday away from a diamond jubilee next year and as the nation is deal¬ing with a host of issues, it would be a good time for the nation’s politicians to learn some vital lessons from Bhu¬tan’s greatest modern leader. …
Read More »Learning through mistakes
Though economic decisions are never popular in any country, but what can make it palatable is good communication that point out the benefits of such decisions, both in the short term and the long term. The government came up with a controversial Tax Bill in response to the depressed economy, …
Read More »Learning through mistakes
Tough economic decisions are never popular in any country, but what can make it palatable is good communication that point out the benefits of such decisions, both in the short term and the long term. The government came up with a controversial Tax Bill in response to the depressed economy, …
Read More »Opening loans is a good idea
The Royal Monetary Authority’s (RMA) initiative towards a possible opening of home, car and consumer loans is welcome initiative. Their first step of consulting mem¬bers of the public on the draft guide-lines and measures is also a welcome step as it allows the public to share their thoughts, and it …
Read More »Keeping an eye on the ball
The emergence of the rupee crisis and the consequent credit crunch from 2012 onwards highlighted the biggest and most immediate challenge facing Bhutan – its economy. The main agenda of the 2013 elections was the state of the economy and the party that came into power, PDP, promised to take …
Read More »Strengthening Bhutan’s democratic culture
The generous entitlements and hikes that Parliamentarians heaped on themselves have provoked much discussion and debate in various forums. One of the main discussion points is the apparent frustration felt by voters – who feel that their role in the democratic process is relevant only once every five years when …
Read More »Taxing times
Much has been said about the civil service pay hike which included the huge pay hike for politicians. There has been understandable public outrage given the potent symbolism of such a move in the economically tough times made worse by a complicated hike that many still don’t understand. The only …
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The Bhutanese Leading the way.