HEADLINE STORIES

Most conferences in Bhutan usually see a significant thinning out after lunch. However, ACC Chairperson Dasho Neten Zangmo in her closing remark said the ‘National Consultation-Conference on Women in Politics in Bhutan’ was the only conference of its sort in Bhutan where she saw participants staying well into evening for …

The revision of the salaries and other benefits for civil servants can only take effect after the Cabinet deliberates on the issue and getsapproval from the Parliament declared the Prime Minister during the Meet-the- Press session yesterday. Although the Pay Commission Report has been submitted a month ago, it will …

Despite the government decision to cancel the Education City project over land legality issues discussion on the issue refused to die down on the airwaves. The Prime Minister Tshering Tobgay along with the Home Minister Damcho Dorji and Finance Minister Namgay Dorji all asserted that the project was a closed …

The Assetz Property Group (APG), which holds 70 percent of the Thimphu Tech Park Limited (TTPL), through a letter dated 10th March 2014 has announced its intention to withdraw from the project. The APG in its letter says, “While APG appreciates the goodwill and support received from the RGoB changes …

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, …

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 …

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 …

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 …

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 …

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 …