The Bhutanese Leading the way.
A very contagious viral infection is on the loose and has been affecting young children in Thimphu. According to health officials the cases have been reported only in Thimphu so far. This has led to major concerns among the parents and the Early Childcare and Development Centers (ECCD) in Thimphu. …
Read More »Fortune Magazine names Bhutan PM among World’s 50 greatest leaders
The Fortune Magazine, well known for publishing the annual Fortune 500 list of the world’s richest companies and a sister concern of Time Magazine has listed Bhutan’s Prime Minister Lyonchhen Tshering Tobgay in the list of ‘50 World’s Greatest Leaders’ list for 2016. Coming at number 50 the Magazine says …
Read More »OAG seeks Nu 211.42 mn in restitution for 23 fronting cases
The Office of the Attorney General (OAG) filed 23 fronting cases in the Phuntsholing Dungkhag court on Friday. These cases were forwarded to it by the Anti Corruption Commission (ACC) which is investigating fronting in Phuntsholing. The OAG has filed a civil suit seeking the restitution of Nu 8.62 mn …
Read More »OAG declines ACC request to invoke law that could imprison hundreds of Bhutanese for up to 15 years for fronting
So far fronting cases have mainly been handled as an administrative issue by the Department of Trade and regional fronting committees who cancel such licenses, impose a Nu 10,000 fine and ensure that the person does not get any future licenses. However, the Anti Corruption Commission (ACC) in its widespread …
Read More »Excavator driver is main suspect in Thimphu fire
According to forestry officials the driver while parking the excavator hit a power line leading to flickers that started the fire A forest fire, that started from an apple orchard in south Thimphu, rapidly engulfed a large stretch of forest and then a combination of wind and geography ensured that …
Read More »Bangladesh ambassador hopes friendship with Bhutan and India will lead to hydro investment
he Bangladesh Ambassador to Bhutan Jishnu Roy Choudhury has expressed his country’s full support for a Memorandum of Understanding (MoU) between Bhutan, India and Bangladesh that would allow Bangladesh to invest in Bhutan’s hydropower sector. The MoU was drafted by Bhutan and sent two months ago to both Dhaka and …
Read More »Ministry adopts wait and watch approach on WB beef export ban proposal
More than two months ago the top bureaucrat of the West Bengal government in the form of its Chief Secretary informed the Bhutanese Consul General that the West Bengal government does not want to export beef from Jaigaon in West Bengal to Bhutan. If implemented, this move will have a …
Read More »RMA & Jaigaon Merchants Association declare Nu-INR parity fully restored
The RMA Governor, Dasho Penjore and the Jaigaon Merchant’s Association General Secretary, R.S Gupta both said that as a result of the Rupee exchange counters, the informal Ngultrum and Rupee parity had been restored. Not long after the 2012 Rupee crisis, the shortage of rupee and limited means to exchange …
Read More »Awaiting India’s nod for Bangladesh investment in 1,024 MW Dorjilung project in Bhutan
Bhutan is all ready to offer Bangladesh the opportunity to invest in a 1,024 MW run of the river Dorjilung hydropower project. This is once India agrees to a three country memorandum of understanding (MoU) on hydropower development, which has so far been endorsed by both Bhutan and Bangladesh. The …
Read More »India allocates INR 54.90 bn for Bhutan in 2016-17 budget
The Union budget of the Indian government once again allocated the lion’s share of foreign aid and loans to Bhutan, in its 2016-2017 annual budget, presented a few days ago to the Indian Parliament. Under the title of ‘Grants and Loans’ to foreign governments India allocated a total of INR …
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