The ongoing LPG cylinder shortage has not abated with rumors that there would be a big price rise for subsidized cylinders from January 2018. The Minister for Economic Affairs Lyonpo Lekey Dorji once again dismissed the rumors and said there would be no dramatic price changes from January. While rumors …
Read More »Sovereignty and Security: Main focus of His Majesty’s 110th National Day Address
The auspicious 7th century A.D Lhakhang Karp, which is home to Haa’s main protective deity and one of Bhutan’s important protective deities, Ap Chhundu, served as the venue of the 110th National Day celebrations. As people watched or listened to the important event in Bhutan on TV and radio and …
Read More »His Majesty awards Druk Thuksey and National Order of Merit
Coinciding with the 110th National Day, His Majesty The King awarded Druk Thuksey (Heart Son of Bhutan) medals to three individuals and one institution, 18 National Order of Merit Gold medals, and meritorious awards to 47 health officials, and 34 forestry officials in recognition of their services to the Tsa-Wa-Sum. …
Read More »BLSS shows country’s unemployment rate at historic low of 2%
Higher economic growth rates, solving of the rupee crisis, various in country and overseas employments schemes and a rejuvenated economy seems to have paid off with a record low unemployment rate in the country. According to the Bhutan Living Standards Survey (BLSS) report done from March to April 2017, the …
Read More »Poverty rate has decreased from 12% in 2012 to 8.2% in 2017
The poverty rate has decreased from 12 percent in 2012 to 8.2 percent in 2017. This is the fourth Poverty Analysis Report (PAR) by the National Statistical Bureau. The poverty rates have been decreasing consistently from 31.7% in 2003 to 23.2% in 2007 and 12.0% in 2012. The analysis shows …
Read More »His Majesty The King’s address at the closing of the 10th session of the 2nd Parliament
I am very happy to be a part of this important occasion– the closing of the 10th Session of the Second Parliament. I am particularly happy to be able to address such an august gathering. The duties and functions of parliament are sacred, and of immense significance and importance. Parliamentary discussions, …
Read More »An Economic Revolution in the making as RMA, Govt and NLC open up finance, support and land for Cottage and Small Industries & Agriculture
As youths graduate from colleges or finish their high schools, the first thought is usually to get into a salaried job, preferably a government one. The Royal Monetary Authority (RMA) working with the government and National Land Commission (NLC) wants to instead encourage entrepreneurship and boost Bhutan’s economy and exports …
Read More »NA to go in for 11th session in June 2018
Speaker cites Constitutional requirement to do so The National Assembly Speaker Tshogpon Jigme Zangpo said that the National Assembly (NA) will be heading for a 11th session sometime by June 2018, in order to fulfill a Constitutional requirement of having two NA sessions in a year apart from other Constitutional …
Read More »Unemployment down to 2.1 percent
The Economic and Private Sector Development (EPSD) Committee comprising of seven committee members categorized the National Employment Situation report into four parts; national employment situation, youth engagement and job plan 2016-17, youth engagement and job plan 2017-18, challenges and the recommendations from the findings of the Committee. The findings on …
Read More »Govt had already decided to not corporatize JDWNRH: PM
The motion to stop corporatization of JDWNRH was passed in the lower house on Thursday based on majority votes from the members, whereby of the 39 members present and voting, 19 voted ‘Yes’, 15 ‘No’ and 5 abstained. However, the Prime Minister a day later on Friday evening in an …
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