Kinley Dorji, 61, popularly known as ‘Apa Kinley’ beat candidates from many countries to be selected as Bhutan’s first ever Secretary General of the Colombo Plan. The Colombo Plan is the first international developmental organization which Bhutan joined in 1962, and which played an important role in Bhutan’s development process, …
Read More »4 steel industries come together in a ‘strategic alliance’ to catch bigger fish
The alliance is to capitalize on a new excise duty exemption being granted to domestic steel companies supplying to hydro power projects Bhutan’s steel industry, which saw a downward slump since 2008, are now more hopeful as 4 major steel factories will be working together in what they are calling …
Read More »Tough Economic times lead to a drop in Cottage and Small Industries
The CSI Report 2013 states that the number of Cottage and Small Industry (CSI) dropped due to the slowdown in the construction sector, earlier in 2012 after the Royal Monetary Authority (RMA) issued directives to freeze construction loans by given by commercial banks. In Bhutan, CSI constitutes 95 % of …
Read More »challenges and recom mendations in implementing the ESP
Almost all aspects of the Nu 5 bn Economic Stimulus Plan has been debated whereby Nu 4 bn will be given as loans through Financial Institutions while Nu 1 bn will go into subsidized special support schemes. However, there has been little focus on the anticipated challenges in implementing the …
Read More »17 year old minor raped by an older acquaintance
A 17-year-old minor was raped by a 23-year-old man in the night of March 11 in Haa. The suspect was well known to the victim and her elder sister as he was a daily customer in the elder sister’s bar. The victim had stepped outside the bar to wash dishes …
Read More »After getting a new CEO, Nu 1.9 bn BOIC will be operational in around 3-4 months
A major part of the government’s Nu 5 bn Economic Stimulus Plan is the Nu 1.9 bn in Revolving Funds, for mainly small and cottage industries and rural businesses, to be implemented by the Business Opportunity and Information Center (BOIC). The BOIC has received a major impetus with the selection …
Read More »Chronic Kidney disease, a growing problem in Bhutan health minister
“Like in other parts of the world, Chronic Kidney disease is also seen as a growing problem in Bhutan. National statistics tell us that the number of patients diagnosed with Chronic Kidney disease is rising each year,” said the Health Minister Tandin Wangchuk, during the event of World Kidney Day, …
Read More »Pay Commission proposes a 20 percent hike
The Pay Commission report, according to a reliable source will propose around a 20 percent pay hike for civil servants. The exact details are not yet forth coming but a 20 percent hike is confirmed for Civil servants. This paper has also learnt that the report in line with the …
Read More »Bhutan’s gains from the Third BIMSTEC summit
Apart from a lot of handshakes and diplomatic niceties at the Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation (BIMSTEC) one main issue is how Bhutan gained at the end of the day. The Prime Minister Lyonchhen Tshering Tobgay said that apart from the summit he was …
Read More »Approval of 17.65 bn by Indian PM to help with fund crunch in P 1
Indian government also grants approval to four JV project agreements The Indian PM Manmohan Singh’s assurance to the Bhutanese PM Lyonchhen Tshering Tobgay of releasing an additional Nu 17.65 bn for the Punatsangchu 1 project will ensure that work can go on in full swing in the project. This is …
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The Bhutanese Leading the way.