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 …
Read More »Inability of Jaigaon’s Custom office to upload GST claims on time may hit Bhutanese imports
Ever since the introduction of the Goods and Services Tax (GST) in India, Bhutan’s main trading hub of Phuentsholing and neighboring Jaigaon has been in turmoil, especially with an understaffed and inadequately prepared Jaigaon Land Custom Station. This in fact led to more than 300 trucks being held up at …
Read More »Bhutan’s nuanced position at the Bali declaration
The Bali declaration of 7th September 2017 in the World Parliamentary Forum meeting had 17 points on its stated agenda of Sustainable Development. However, what gathered the attention of the international and regional press was on the sole 10th point naming Myanmar and expressing concern over violence in Rakhine state. …
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The Bhutanese Leading the way.