The current National Pension and Provident Fund (NPPF) with 65,267 members from the civil service, government corporations and the Armed Forces is looking at major reforms, of which the main one will be how it calculates and pays out pensions to make it equitable and sustainable. The NPPF Pension and …
Read More »
Potato prices has now shot up to Nu 90 to 100 per kilogram (kg) and small hot chilli is at Nu 600 per kg in the city areas, adding to the woes of the consumers who are battered with rocketing price trends already seen in the onion and tomato prices. …
Read More »
PM is supportive of the project The ministry of education will be submitting a proposal to the government to provide tablets for all the students if possible from the next academic year 2021. However, it is not yet finalized as the ministry will wait for the government’s directives. The Education …
Read More »
The Prime Minister Dr Lotay Tshering denied any political intervention in the violation of the FDI rule in the Multi Level Car Park (MLCP) project. As per Section 10 of the FDI Rules and Regulations 2019 it says, ‘The FDI company shall retain 100% of the foreign equity invested in …
Read More »
The Speaker Wangchuk Namgyel paid tribute to His Majesty The King for His Majesty’s leadership in fighting COVID-19, and in doing so expressed and channeled what a lot of Bhutanese have been feeling in the past few months. He said His Majesty the King has always shown great compassion and …
Read More »38% of domestic revenue collected in November against target of 36% The Finance Minister Namgay Tshering said that the Bhutanese economy while not in a recovery mode or in a worst case scenario is not in a recession. He said that Bhutan’s economy has not yet got past the crisis …
Read More »
Also calls for Micro Finance for small businesses outside banking system and relaxing rules to list on the stock exchange to raise capital The Ministry of Economic Affairs (MoEA) as a part of its recommendations to help the economy recover from COVID-19 has recommended certain measures to ease access to …
Read More »
The Minister of Economic Affairs (MoEA) has come up with a slew of measures to help Bhutan’s manufacturing sector which has been impacted by COVID-19. Convertible currency to purchase cheaper raw materials from third countries The MoEA says that it is economically viable to support Bhutanese industries that cater to …
Read More »
It is an all Bhutanese workforce The project for the construction of a four-lane road starting from Bhutan Telecom junction till Jungshina Bridge (3.1 KM) has a 100 percent Bhutanese workforce, ranging from the young up to people of 50 to 60 years of age and they have female workers …
Read More »
The Purjang of His Holiness the late 68th Je Khenpo, Jetsun Tenzin Dhoendup, was held at the Puna Dewa Chenpoi Phodrang on the 7th of November, 2020, corresponding with the 22nd day of the 9th month in the Iron Male Rat Year of the Bhutanese Calendar, coinciding with the Descending …
Read More »
The Bhutanese Leading the way.