Exams for class X and XII There will be no examinations for classes PP to IX and XI. For classes PP to VI, the promotion of students will be based on instructions and assessment tasks provided through BBS lessons, radio lessons, Self-Instructional Material (SIM) or other social media platforms (WeChat, …
Read More »600 MW Kholongchu to finally take off with signing of Concessional Agreement but a COVID-19 shadow looms
The much delayed 600 MW Kholongchu project will finally take off after the Concession Agreement was signed on 29th June between the Ministry of Economic Affairs (MoEA) representing the Royal Government of Bhutan and the Kholongchu Hydro Energy Limited (KHEL). The event saw virtual attendance of the Indian side with …
Read More »PM lays down a middle path in the mining debate
The cancellation of the auction of the Chunaikhola dolomite mine, its handing over to SMCL for now, the National Council praise for the move and National Assembly’s rejection of NC’s motion to also hand over other mines has all treated a heated national debate on whether mines should be nationalized …
Read More »Class X, XII and final year college students will resume their classes from 1 July
The government has decided to reopen schools, institutes and colleges starting 1st July. The educational institutions were closed for almost three months in the country, and for almost four months in Thimphu, Paro and Punakha. After repeated meetings and discussions with the experts on reopening of educational institutions, the government …
Read More »Private Sector Task Force requests for 1-year loan deferment
FIAB submits its recommendation on loan deferment to RMA RMA thinking more on the lines of around six months’ deferment but no final decision yet Thursday afternoon saw an important meeting on the issue of loan deferments organized by the Royal Monetary Authority (RMA) between the Financial Institution Association of …
Read More »COVID Heroes: Treating COVID-19 patients in the isolation ward
A Bolero vehicle with an assigned driver waits outside a hotel to pick up the health workers bound for the isolation ward in the Jigme Dorji Wangchuck National Referral Hospital (JDWNRH). The health workers reach the hospital and start donning their Personal Protection Equipment (PPE), which takes around 20 to …
Read More »His Majesty The King grants Dakyen to new Chief Justice of Bhutan
11 June, 2020, Tashichhodzong: In a simple ceremony, His Majesty The King granted Dakyen to appoint Chogyal Dago Rigdzin as the new Chief Justice of Bhutan. The ceremony was graced by Her Majesty The Gyaltsuen. Prior to this appointment, Chogyal Dago Rigdzin was serving as the Chief Election Commissioner of …
Read More »Discovering the real value of Dolomite and Bhutan’s most lucrative mine
The most important paragraph of the 1st June letter from the Prime Minister to the Ministry of Economic Affairs (MoEA) on cancelling the Chunaikhola mine auction was the second last one where the PM said, ‘Given these unavoidable health and economic dynamics (COVID-19), the likelihood of auctioning the mines as …
Read More »Banks in favour of extending loan deferment
But not for interest waiver As the three-month loan deferment is coming to an end by June 2020, Bhutan’s Financial Institutions largely favour extending the Equated Monthly Installment (EMI) deferment by another three months at least, given the current bleak economic situation due to COVID-19. The Financial Institutions Association of …
Read More »DHI Companies to take a big revenue hit due to COVID-19
Most Druk Holding Investment (DHI) Companies will take a revenue and profitability hit for 2020 due to COVID-19 which will affect the government coffers in the form of dividends and Corporate Income Tax. The only exceptions will be Druk Green Power Corporation (DGPC) where hydrology will play a role and …
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