HEADLINE STORIES

The Economic Affairs Committee (EAC) of the National Council said the lack of a proper legal framework and coordination among the concerned bodies has led to discrepancies on import and distribution of Petroleum Oil Lubricants (POL) products in the country. The committee presented such major issues while discussing the special …

Bhutanese officials say no reason to worry The financial viability and sustainability of Bhutan’s 10,000 MW hydro project construction plans and other additional projects all depend on selling surplus power to India. The main economic argument  so far is that demand for power in the Indian market is close to …

With 19 ‘yes’ votes and two ‘abstaining’ votes, the National Council adopted to submit the issue regarding the legality of the Business Opportunity and Information Centre (BOiC) to His Majesty the King. The Upper House argued that the setting of BOiC is illegal as per the Civil Service Act as …

The government is looking into the possibility of starting an online lottery business. The Finance Minister, Lyonpo Namgay Dorji, said the government has approached Switzerland and Singapore where the online lottery business is popular. This was revealed during the question-hour session of the National Assembly session on May 26. MP …

Two main economic challenges that have bedeviled the government is the weak condition of Bhutan’s private sector and also limited resources to provide a host of public infrastructure and services. In an effort to address both of the above, the Ministry of Economic Affairs has come up with a draft …

During the question hour session in the National Assembly on May 19, North-Thimphu MP, Kinga Tshering, questioned the government on its alleged plan of setting up mega livestock processing plants that will include butchering of cattle and pigs in the country by December 2015. He said such a livestock processing …

A delegation led the Director General of Directorate General of Inspection, Customs and Central Excise, Government of India (GoI), P.K Mohanty, visited Bhutan, from May 13 to 22, for verification and qualification of the Excise Duty Refund (EDR) claim of the Royal Government of Bhutan (RGoB) for 2014. During the …

A senior government official, on the condition of anonymity, told this paper that the government had no plans for a slaughterhouse as was being widely discussed. Weather this final stance is due to modification of plans or a simple rectification of a major miscommunication is expected to be officially clarified …

In a first ever, Bhutan will be attempting to break a very green Guinness World Record as part of the 60th birth anniversary celebrations of His Majesty the Fourth King. The record attempt which will be held on 2nd June 2015 will involve planting at least 40,886 trees by 100 …

Meat shops in the capital city are crowded with just three days left for them to be closed for the next one month. Vendors are even running short of meat to meet the increased demand as people rush to buy stocks for the next one month. Meat shops that this …