HEADLINE STORIES

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 …

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 …

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 …

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 …

Under the directive of the Prime Minister, the Royal Insurance Corporation of Bhutan (RICB), with support from the Ministry of Finance (MoF), has submitted a proposal to the Cabinet to take over and enhance the existing Rural Life Insurance Scheme (RILS) into the National Life Insurance Scheme (NLIS). The proposal …

As of 29th July 2016 the heavy monsoon has directly and indirectly claimed six lives and affected over 40 houses, led to evacuation of 125 individuals and families and caused a lot of infrastructure damage. One person is missing and feared dead while another is critically injured. The effect of …

The Prime Minister, Lyonchhen Tshering Tobgay, who has been actively involved in supervising the disaster rehabilitation works for the last one week in Southern Bhutan said that Bhutan is well on the way to recovery from the first wave. He said, “Our main concern is of more heavy rains in …

The Department of Hyro-Met Services (DHMS) reported that the rainfall levels could fall back to normal monsoon levels within the next few days. The heavy incessant rains have been due to a sustained low pressure zone in the southern Himalayan foothills. In its report to the Prime Minister on Friday, …

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 …

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 …