The Indian government has told a Bhutanese delegation from the Ministry of Finance that Bhutan would have to wait for two months before India can make any special concessions for Bhutan on the new Good and Services Tax (GST), which came into effect from July 1st A senior official said. …
Read More »Punatsangchu II overflows coffer dam
The heavy monsoon downpour lead to the Punatsangchu river overflowing the coffer dam into the dam site work, that was underway on the other side. The P II coffer dam diverts the river away from the dam site on the other side to a single diversion tunnel. What has raised …
Read More »RICBL CEO and ED suspended by ACC
The Anti Corruption Commission (ACC) on 7th July suspended the Royal Insurance Corporation of Bhutan Limited (RICBL) CEO, Namgay Lhendup and Executive Director Sonam Dorji, as part of its corruption investigation. A source said that the investigation is into RICBL’s financial dealings with Nubri Capital which is a private fund …
Read More »ACC investigating Nu 10 mn heist by ATM Teller in Druk-PNB
The Anti Corruption Commission (ACC) for the last three weeks has been investigating how a trusted ATM Teller of the Druk-PNB Bank embezzled around Nu 10 mn in cash from nine ATM machines of the bank in Thimphu. The bank started getting suspicious when not all its ATMs were working …
Read More »Help sought from Embassy on behalf of 23 girls sent by Pvt agency
On June 27, 2017 the Royal Embassy in Kuwait alerted the Ministry of Labour and Human resources on the grievances shared by a girl working in Dubai, alleging that ‘Yarphel Overseas Recruitment Agent’ had lured and cheated 23 girls to work in Dubai by making false promises to them. The …
Read More »Understanding the Doklam border issue
The Ministry of Foreign Affairs (MFA), on 29th June, issued a press release saying that China’s building of a road inside Bhutanese territory is a violation of the 1988 and 1998 written agreements between the two countries to maintain peace and tranquility and the status quo pending a final settlement …
Read More »Bhutan hoping for a 12.5% hike in Chukha Tariff
In the recently held Chukha tariff revision talks between Bhutan and India in New Delhi on 22nd June, though both sides agreed that it is time for a revision, there are differences in what could be the final revision. The 1974 agreement on Chukha project outlines that the tariff will …
Read More »Breaking: Bhutan’s Ministry of Foreign Affairs asks for status quo to be maintained in Doklam area
Staff Reporter/Thimphu The Ministry of Foreign Affairs in a press release has asked for the status quo to be maintained in the Doklam area as before 16 June 2017. The ministry said that in view of the many queries raised recently in the media regarding the Bhutan-China boundary …
Read More »India agrees to trilateral MoU on hydropower, Chukha tariff revision and clarifies on CBTE
A Bhutanese government delegation led by the secretary for the Ministry of Economic Affairs, Dasho Yeshi Wangdi along with other relevant officials from the MoEA and Foreign Ministry, had talks with an Indian delegation of a similar composition on 22nd June in New Delhi. The three main items for discussion …
Read More »Dr Shacha Vs Ap SP case reopened as SC reviews its own judgment
The much publicized legal case between Tandin Bidha and her daughter Dr Shacha Wangmo versus Sonam Phuntsho was considered to be closed in early April 2017. However, the Supreme Court is doing a final review of this last judgment which has given some hope to Tandin Bidha and BNB that …
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The Bhutanese Leading the way.