The Bhutan Agriculture and Food Regulatory Authority (BAFRA) has decided to place a temporary ban on the import of all types of chillies after the detection of a banned pesticide in three types of imported Chillies from India. The three imported Chillies are namely Hybrid, Terasani and Akashi which are …
Read More » His Majesty provides relief in flood devastated Sarpang Town
His Majesty The King met with the shopkeepers whose shops were washed away by flood and inspected the areas damaged, in Sarpang. His Majesty also met with the dzongkhag officials and others involved in relief efforts. Due to heavy rain over the past few days, the Sarpang river broke its …
Read More »Opposition takes off the gloves
As the government finishes its third year and as 2018 looms closer, the Opposition party has shifted itself to a higher gear in both criticizing the government and pointing to shortfalls, including election pledges made in 2013. In the most detailed and arguably the longest press conference till date the …
Read More »MoF working on system to catch tax avoiders
The Ministry of Finance (MoF) is currently in the process of studying a Revenue or Tax Intelligence System, that once set up will monitor tax evasions and investigate tax frauds. The Department of Revenue and Customs (DRC) under MoF has submitted a proposal to the MoF which is looking at …
Read More »Know your new secretaries
On 14th July, His Majesty The King appointed 7 government secretaries as per Article 2.19 of the Constitution, “On the recommendation of the Prime Minister, who shall obtain nominations from the Royal Civil Service Commission on the basis of merit and seniority and in accordance with other relevant rules and regulations.” …
Read More »Hiding poor construction under natural disasters
Whenever some natural disaster or even heavy weather hits Bhutan, there are almost always reports of damages to public infrastructure whereby the damage is ascribed almost entirely to the disaster. However, the Royal Audit Authority in its performance audit on Disaster Management from 2010-2015 says more often it has to …
Read More »RMA & Govt bank on base rate for loan interest reduction but FIAB head says not much possible
If banks refuse to play ball the govt has a plan ‘B’ that the banks won’t like The Royal Monetary Authority (RMA) will be meeting with the Financial Institutions Association of Bhutan (FIAB) on 13th July and the main agenda will be on discussing ways to reduce loan interest rates. …
Read More »His Majesty’s Address in Parliament
I am pleased to be here today to address the closing ceremony of the 7th Session of the Second Parliament. As we carry out the immensely important duties related to nation building, the members of the National Assembly and the National Council, who together constitute the 72 Members of Parliament …
Read More »MoF to review uneven spread of 2010 incentives worth 2.688 bn
A recent Royal Audit Authority performance audit on Business Income Tax from 2009-13 had pointed out that the overwhelming benefit of Nu 2.688 bn fiscal incentives given from 2010 onwards as part of the Economic Development Policy had mainly benefited 39 high end hotels. It had noted that apart from …
Read More »Taktsang fire unsafe with failure of fire prevention system
On the surface Taktsang is well armored against fire with fire safety equipments like a fire alarm system, an ultra high pressure pump, fire extinguishers and hoses. However, none of them has worked since eight months after its installation in July 2015. In a meeting conducted on 18th October 2013 …
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