HEADLINE STORIES

The PM has instructed that all govt payments be cleared within the month to help the banks 11 o’clock Monday morning saw worried heads of all financial institutions trooping in to meet the Prime Minister Tshering Tobgay who had called for the meeting to discuss the non- performing loans (NPLs) …

In the early years of the previous government the Royal Audit Authority (RAA) had come out with a Performance Audit on the construction of the Tala project. The RAA report while appreciating the construction of the project pointed out several lapses including avoidable costs, overpayments and lapses in the project. …

Lately, the country has seen an increase in the number of diplomatic passport holders which could lead to high chances of misuse of the document in the absence of stern rules and regulations in place. One of the concerns raised is that the value of the diplomatic passport would be …

The Cabinet sets up a national level task force to finalize the ESP within a week   The latest draft Economic Stimulus Plan (ESP) of the PDP government has recommended a Nu 5 bn stimulus plan up from the earlier Nu 3bn ESP pledged by PDP during the campaign process. …

In 2009, when the government unveiled its decision to hire McKinsey for USD 9.1 mn or Nu 443 mn with the aim of accelerating socio-economic development in Bhutan, there were many critics of the move. Four years later, a Royal Audit Authority (RAA) Report on procurement of consultancy services has …

The fund has been used to set up the Abe Scholarship that will fund two new college students every year Bhutan saw a sharp rise in the number of tourist arrivals in 2012, and the Japanese tourists more than doubled in numbers replacing American tourists as the largest tourist nationality …

The RAA, in its performance report on procurement of consultancy services by the government has pointed out some deficiencies and shortfalls in consultancy services for Hydro projects, which are impacting the construction of Hydro projects. During the period 2007-08 to 2011-12, a total of Nu. 1,804.350 million was spent on …

The cabinet in a recent meeting has approved the Performance Management System (PMS) which is expected to roll out in a pilot phase by June 2014 to July 2015 in all government ministries and agencies. It is then expected to be implemented in full from July 2015 till 2018 to …

MoAF to come up with stern laws and levy heavy penalties on culprits Poaching in the country, like in many other nations, is fast becoming rampant with reports of confiscation and clandestine incidents happening frequently. Recently, the police in Gasa and officials of Jigme Dorji National Park (JDNP) arrested a …

The top three common crimes against women, according to police, are battery, sexual harassment, and assault. There is increasing concerns over especially increasing sexual crimes against women. A total of 1,339 cases of different crimes against women were reported to police across the country including anything from battery to sexual …