For some time now a theory has gained some traction in the social media that the 2015 deferment of the Asian Development Bank (ADB) funded 68 km Dewathang-Nganglam highway project and the 98 km Lhamoizingkha-Sarpang highway was due to pressure from the Indian government. However, the Prime Minister Lyonchhen Dasho …
Read More »Bhutan sounds out Indian foreign secretary on Hydro, 11th plan, 12th plan, CBTE, GST
The 2-5th October visit of the Indian foreign secretary Dr Subrahmanyam Jaishankar saw his call on meetings with Prime Minister Lyonchhen Tshering Tobgay and the Foreign Minister Lyonpo Damcho Dorji leading to discussions on an array of mainly economic issues. The Foreign Secretary, according to a senior government official on …
Read More »The story of 2.14% GDP growth in 2013 to 8% in 2016
PM says 8 percent growth rate show policies bearing fruit In 2013 when the government first came in and took over towards the end of July, Bhutan was reeling from the rupee crisis which was reflected in the 2.14 percent GDP growth rate for 2013. However, in 2016 the economic …
Read More »PHPA I & II MD to finish contract by March 2018 and PHPA II to get separate MD
In what will be a major change in the top management of the Punatsangchu Hydroelectric Project Authority (PHPA) I and II the 1020 MW PHPA II is expected to soon get a separate MD that will look after P II exclusively. In another major development the current MD of P …
Read More »Lyonchhen meets multiple world leaders and heads of multilateral institutions on sidelines of UN
The Prime Minister Lyonchhen Dasho Tshering Tobgay came back into the country on Friday after attending the 72nd United Nations General Assembly where he met a host of world leaders and networked with a host of influential leaders and people on the international scene. Day 1 On 19th September the …
Read More »Lyonchhen at a diplomatic reception hosted by President Donald Trump and First Lady Melania Trump on the occasion of the 72nd United Nations General Assembly. ( White House Photo by Andrea Hanks)
Read More »Full address by Lyonchhen at the 72nd United Nations General Assembly focuses on climate change, poverty, terrorism and UN reform
Mr. President, Distinguished Delegates. I bring warm greetings of His Majesty the Druk Gyalpo. Climate Change Distinguished Delegates. Today my thoughts are with the people of Mexico, who have suffered two terrible earthquakes this month. My thoughts are also with the victims of other natural disasters that have recently brought …
Read More »Industries say GST impasse will hit govt revenue collection
The government calculated Nu 14 bn as the loss of revenue in the 12th plan due to the doing away of the refundable excise duty by India under their new Goods and Services Tax (GST) regime. However, industries say GST will also affect the profit margins of Bhutanese industries and …
Read More »Executive order forms group to study corporatization of JDWNRH
Health Minister says even if corporatization happens ordinary citizens don’t have to pay for medical services at all An executive order was issued on 18th September by the Health Minister Lyonpo Tandin Wangchuk on the directions of the Prime Minister for the formation of an ‘independent and third party’ multi-sectoral …
Read More »Visa processing to Thailand becomes stricter
If you plan to travel to Bangkok make sure to have a host of documents ready as the visa application rules to Thailand, which where lightly enforced before have become much stricter since last year. The Royal Thai Honorary Consulate in the capital now insists on the mandatory fulfillment of …
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The Bhutanese Leading the way.