Absence of this back up line proposed for 9 years by Bhutan has prevented international companies from investing in Bhutan’s IT sector In the last few years Bhutan’s Fledgling IT Industry has taken off with the success of the IT Park and other initiatives. It is also one of the …
Read More »Was the Jan 2019 slide that pushed P-1 project to 2025 preventable
The right bank of the Punatsangchu I saw a major slide on 22nd January 2019 when the support measures of the August 2016 slide gave way, which has now pushed the completion date to 2025 from the recent completion date of 2024. With a loan interest rate of Nu 12.6 …
Read More »His Majesty The King and Her Majesty The Gyaltsuen attend Enthronement Ceremony in Japan
His Majesty The King and Her Majesty The Gyaltsuen attended the Enthronement Ceremony of His Majesty Emperor Naruhito at the Akasaka Palace in Tokyo on 22 October 2019. The ceremony was attended by Royalty and other State Guests and dignitaries from around 180 countries around the world. The Enthronement Ceremony, …
Read More »Govt plans to introduce Capping of numbers, daily SDF fee, vehicle fees and compulsory guides for Regional Tourists by July 2020
Measures are listed in the Draft Regional Tourism Policy and Regulations The recent public outrage over an Indian tourist climbing on a Chorten in Dochula is just one in many cases, and it saw the public asking as to what the Tourism Council of Bhutan and the government is doing. …
Read More »Major tax reforms and new rates for GST, PIT and BIT to be introduced in upcoming session as Money Bills
The upcoming session of Parliament scheduled for January 2020 will see the introduction of major tax reforms. The biggest tax reform will be the Goods and Service Tax (GST) that will replace the multiple rate sales tax and customs duty right now with a single GST tax rate. It will …
Read More »Bhutan-China boundary talks to be held soon
The Foreign Minister Lyonpo Tandi Dorji confirmed that Bhutan and China are scheduled to have boundary talks though there has been no formal date and formal requests yet. Lyonpo said that Bhutan’s Embassy in New Delhi and the Chinese Embassy in New Delhi had informally discussed the need to have …
Read More »His Majesty asks students to prepare themselves for the future
His Majesty The King granted an Audience to the students of Sherubtse College in Kanglung on 14th October. His Majesty shared thoughts on nation building, and our national vision for a common, bright and better future. “To prepare for the 21st century, we have to invest in our children. Bhutanese …
Read More »ACC says govt must not allow for local agents based on BHEL investigation
The Anti Corruption Commission (ACC) based on its findings with the BHEL case has clearly found that BHEL’s hiring of a local commission agent is wrong and it has asked for its removal in this and future projects as it inflates the cost of the hydro projects and to also …
Read More »New solution and Germany Company comes to rescue of P- I’s troubled right bank
The solutions however could push the completion date from 2024 to March 2025 If there is one project that has caused much national worry, then it is the 1200 MW Punatsangchu I project costing Nu 93.7 bn. The main issue has been the stability of its so far volatile right …
Read More »Outrage over Chorten incident gives a fillip to delayed regional tourist regulations
Social Media was abuzz on the evening of 17 October with outraged Bhutanese commenting on the picture of an Indian biker standing on the roof of one of the 108 Druk Wangyel Khang Zhang Chortens. People have not only criticized him for his unethical behavior but also blamed the Tourism …
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The Bhutanese Leading the way.