Space being created for 270 vegetable vendors from CFM will accommodate 57% of CFM vendors and push up commercial space from current 20 % to 38 % The two Multi Level Car Parks (MLCPs) run by the KCR Private Limited has been in the news of late over the closure …
Read More »RAA Report alleges irregularities in tendering of MLCPs and parking revenue loss to Thromde
It also says only fraction of all parking fees money in Thimphu collected by two private companies goes to Thimphu Thromde A section of the ‘Performance Audit on Urban Planning and Development in Thimphu Throm,’ report by the Royal Audit Authority (RAA) has pointed to various irregularities and inconsistencies in …
Read More »All Schools in the country to open next year: MoE
Students in the country have missed out on school because of Coronavirus, but the education ministry plans to open schools for the 2021 academic year with a few exceptions. Chief Program Officer and officiating Director General of School Planning and Coordination Division (SPCD), Kinley Gyeltshen said this year students have …
Read More »A second line of defence to prevent another National Lockdown
The Ministry of Health (MoH) has issued a map with a red line across southern Bhutan from Samtse to Samdrupjongkhar that will be Bhutan’s second line of defence against COVID-19 given the rising risks along Bhutan’s southern borders. The red line demarcates the high risk areas which are the whole …
Read More »Govt considers surcharge on fossil fuels, hiking vehicle registration fee and mineral royalty to meet revenue deficit
The COVID-19 pandemic has led to the government coffers taking a major revenue hit. Under the current economic circumstances, the Ministry of Finance has calculated that of the projected Nu 33.2 bn domestic revenue in 2020-21 Financial year it will meet only 30.4 bn which is a Nu 2.8 bn …
Read More »Unemployment to jump from 2.7% in 2019 to 8.3% in 2020 in best case scenario: MoF
Food Inflation to keep rising The Ministry of Finance in a report to the government has said that even in the best case scenario of an ongoing lockdown the unemployment level in 2020 is expected to be 8.3 percent up from 2.7 percent in 2019. This would translate into 27,500 …
Read More »ACC tells NC it can give view on BIMSTEC SG only after investigation
In response to the National Council asking for the ACC to validate if sections 54, 58 and 63 of the Anti Corruption Act of Bhutan 2011 (ACAB) had been violated in the government nominating Tenzin Lekphell as the next Secretary General of BIMSTEC, the ACC wrote back on 21st September …
Read More »Karmi Tongchoey for late Amir of Kuwait
His Majesty The King offered prayers and a thousand butterlamps for His Highness the Amir of Kuwait, Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah at the Samdrup Jongkhar Rabdey Dratshang on 30 September 2020. His Majesty is on a tour of the east and south of Bhutan, accompanied by His Royal Highness …
Read More »His Majesty The King and His Majesty The Fourth King on Royal Tours in the South
His Majesty the Fourth Druk Gyalpo visits a shop during a visit to Damphu town His Majesty The King and His Majesty The Fourth Druk Gyalpo are both on Royal Tours to different parts of southern Bhutan, to encourage the people and motivate them to remain resilient, as we continue …
Read More »MoEA plans to scrap 50% of all red tape to start a business and will further liberalize FDI
Plans are also in place encourage mines, industries and trade In order to deal with the COVID-19 impact on the economy and enhance economic growth, the Ministry of Economic Affairs (MoEA) will be leading efforts to remove various red tape, regulatory and licensing requirements to make it much faster and …
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