A press release issued by the Prime Minister’s office said that it has asked the office of the Anti Corruption Commission (ACC) to investigate policy corruption against a former minister, Yeshey Zimba. The case pertains to Nu 76.88 mn worth of fiscal incentives received by Hotel Le Meridien in Thimphu …
Read More »Speaker hopes 11th session can pass 11th plan spillover activities
This paper in December 2017 broke news of an additional 11th session by June 2018 to fulfill a constitutional obligation of two sessions a year and to pass the current budget which consist of salaries, maintenance expenditure etc. However, a new concern that is cropping up is the need to …
Read More »India sets up special committee to address Bhutan’s CBTE concerns
In what could be an important development for Bhutan’s hydropower sector, the Indian government has set up a special taskforce committee headed by the Power Secretary of India to address Bhutan’s concerns over its Cross Border Trade in Electricity guidelines (CBTE). The committee was set up on 29th December 2017 …
Read More »Govt pushing for substantial Chukha tariff hike and 2,560 MW Sunkosh project
As part of the 50 years of formal diplomatic relations between the two countries, the government has been pursuing a substantial increase in the power tariff of the Chukha project, and it has also been pushing India to implement the 2,560 MW Sunkosh. Chukha Tariff The Chukha tariff is supposed …
Read More »RICBL CEO and ED claim to have resigned but RICBL now says they were relieved first
The Royal Insurance Corporation of Bhutan Limited (RICBL) CEO Namgay Lhendup and Executive Director (ED) Sonam Dorji on Wednesday had claimed they are stepping down from their post taking ‘moral responsibility’ for what they said were ‘alleged operational lapses’ under their tenure. They said that they submitted their resignation in …
Read More »Amochu Township project scaled down for now due to loan concerns
The 1,146 acres Amochu Land Development and Township Project (ALDTP) estimated to cost around Nu 14 bn, and create a new township for Phuentsholing has been scaled down for now due to loan concerns. Though the Asian Development Bank (ADB) was interested to be the main financer for the project …
Read More »Govt makes discreet moves to contain Zhemgang dress code fall out
Zhemgang Dzongda now says DT resolution on dress code must follow national policy With the Zhemgang Thrizin, Sangay Letho and Dzongkhag Tshogdu still determined to enforce the 9 am to 5 pm compulsory ‘Gho and Kira’ dress code despite a national controversy, moves are afoot to try and contain the …
Read More »PM completes 205 Gewogs tour
The Prime Minister Lyonchhen Dasho Tshering Tobgay, met the people of Dzomi Gewog, Punakha Dzongkhag on Friday morning. Dzomi is the last of the 205 Gewogs in the country Lyonchhen visited to present his report on the gewog’s development progress and activities; and learn the concerns of the people. In Dzomi, …
Read More »We ring in the New Year with this photograph of Their Majesties and HRH Gyalsey on the January calendar, taken during the National Day Celebrations of 2017 in Haa. Courtesy: yellow.bt
Read More »Govt requests ACC to probe training contracts for India and Japan
Labour Minister takes leave until investigation is over In a press release issued on Friday evening the government said that it has requested the office of the Anti Corruption Commission (ACC) to undertake an immediate and full investigation into the various training programs of the Ministry of Labour and Human …
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The Bhutanese Leading the way.