Hydropower construction will be a major factor Though the government has said that the rupee situation would improve in the near future especially with the commissioning of the mega hydro projects in 2017-2018, the Bhutan Chambers of Commerce and Industry (BCCI) does not agree. In fact the BCCI has said …
Read More »30 civil servants resign to contest the 2013 elections
Twenty-five civil servants from eight ministries, National Assembly and His Majesty’s Secretariat till date have been officially separated by the Royal Civil Service Commission (RCSC) from their respective agencies to contest the upcoming elections. Five resignations have been rejected by the commission. There hasn’t been anyone resigning as yet from …
Read More »ACC says no ‘policy corruption’ in Trowa but points out scathing administrative and procedural lapses
The Anti Corruption Commission in its review of the Trowa Theater case has said that the commission did not find it appropriate to investigate it as a corruption case as corrupt intention cannot be established. The ACC has, however, pointed out a litany of administrative and procedural lapses and weaknesses …
Read More »Five civil servants unable to cross the training hurdle to join three political parties
Five civil servants who are all looked at as potentially strong candidates for the three political parties of Bhutan KuenNgyam Party, Druk Nyamprup Tshogpa and Peoples Democratic Party have to either pay up hefty training bond fees or not resign at all. The civil servants who have been told this …
Read More »MoEA proposes export of raw minerals to boost rupee earnings
In what some are calling a flip flop by the government the Ministry of Economic Affairs has proposed to the cabinet yesterday that mines be allowed to export raw minerals for the next two years to earn rupee. The cabinet decision on this is still awaited but sources say that …
Read More »Growing inflation pushes down value of Nu 100 in 2008 to Nu 75 in 2012
In 2012 54.25 percent of inflation was caused by domestic factors and only 45.58 was imported inflation. High Inflation also means high poverty rate and lower growth according to Economists. Rapidly increasing inflation rate since 2008 till 2012 will negate high economic growth rates and also negatively impact the poverty …
Read More »Land Commission rejects govt proposal to sell Trowa theater land
The National Land Commission’s Dispute Settlement Committee (DSC) has shot down the government’s proposal to sell the Trowa theater land to the tenant Kunley Wangchuk as it is not in keeping with the Land Act 2007. The committee cited the provisions of Land Act, 2007 which stipulates that ‘under no …
Read More »Chenda Tobgye detained for Bangkok embezzlement case
The Anti Corruption Commission (ACC) detained Chenda Tobgye on 3 March, 2013 in the Thimphu city police station in connection with the ongoing investigation of the Bangkok embezzlement case which first came to the light in late 2010. The ACC had received the case from the Foreign Ministry in November …
Read More »ACC submits its Rebuttal after the first hearing
The Anti-Corruption Commission (ACC) during the first hearing in the high court’s full bench said that the Home Minister was found guilty of not abiding by his Majesty’s Kasho of 1987 and was charged for official misconduct of allotting plots to those who were not eligible. However the legal counsel …
Read More »Indifferent Ministry and careless contractors mess up Nu 30 mn renovation of Pangrizampa Monastery
Monks at the monastery said the infrastructure started falling apart within a few months’ time Compassion and endurance may have been preached by the Buddha, but contractors through a shoddily-renovated monastery have tested these qualities of resident monks at the historically and culturally significant Pangrizampa monastery in Thimphu. And what …
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