In December 2015 Bhutan got an important visit in the form of the Joint Secretary North of the Ministry of External Affairs who came with some proposals and ideas on implementing the 2,560 MW Sunkosh and the 2,640 MW Kuri Gongri projects. He first said what was well known by …
Read More »Major issues being sorted out between DGPC and SJVN in 600 MW Kholongchu JV project
18th September 2015 saw some smiling photo opportunities as the Kholongchu Joint Venture project started its pre-construction activities with a loud bang. However, hidden behind the smiles and handshakes were serious issues between the two JV partners Druk Green Power Corporation (DGPC) and Satluj Jal Vidyut Nigam (SJVN). The differences …
Read More »Political quake as DPT’s star MP puts up resignation
One of DPT’s brightest political stars, MP Kinga Tshering of the North-Thimphu constituency has stated his intent to resign from his post as a sitting DPT MP in the Parliament. Though both the Speaker and Opposition Leader declined to comment on the issue, political circles in Thimphu including some social …
Read More »Both parties unhappy with Supreme Court verdict on Tandin Bidha Vs Sonam Phuntsho case
The Supreme Court on Thursday upheld the High Court verdict in the Dr Shacha Wangmo’s Mother Tandin Bidha versus Sonam Phuntsho case but there was also a significant change. The original verdict of the High Court which had been previously upheld by the Supreme Court was that Tandin Bidha had …
Read More »Nu 68 mn loss for Tala due to shutdown
The Tala project also suffered during the heavy monsoon rains in July end that had even cut of the Phuntsholing-Thimphu highway. A landslide knocked out an Auxiliary Supply Transformer that supplies power to the butterfly valve chamber. This chamber can stop the flow of water to the generating units from …
Read More »No more export bans from India to Bhutan in new Free Trade agreement
In 2008 the world was rocked with the ‘Rice crisis’ when rising prices, some shortages and speculation led to rice exporting countries like India stopping the export of rice. This also affected Bhutan, which imports the overwhelming majority of its rice from India. It was only after a special request …
Read More »Regulating and restricting private money lenders
The Supreme Court has come up with a set of draft regulations on regulating private money lending based on the Financial Services Act which says that money lending has to be regulated. The regulations were in the works for the last few months. The draft regulations are being handed over …
Read More »Tougher parameters to improve mobile services
Concerned with the deterioration in mobile service quality since the latter half of 2015, Bhutan InfoComm and Media Authority (BICMA) initiated a survey on the Quality of Service Experienced (QoSE) in eight Dzongkhags with the highest mobile users to understand individual user experiences while accessing mobile services. The regulatory authority …
Read More »Bhutan looking to bring in revolutionary GST reform
In what will be the biggest reform of Bhutan’s indirect taxation system the Department of Revenue and Customs (DRC) under the Ministry of Finance is aiming to replace the current sales tax, customs duty tax and excise duty tax with a single Goods and Services Tax or GST. Though not …
Read More »MoF to define ‘Emergency need’ after Lhakhang Karpo verdict
The Ministry of Finance (MoF) will now sit down to define ‘Pressing and emergency personnel need,’ mentioned in a 13th December 2000 circular issued by it. The Supreme Court on 28th July 2016 acquitted MP Rinzin Dorje of embezzling public property and not violating the 13th December 2000 MoF circular …
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The Bhutanese Leading the way.