A primary round is now a reality as the fifth party, the Druk Nyamrup Tshogpa (DNT) formally registers with the Election Commission of Bhutan (ECB) and marks its position at the 2013 election race Consider the playing field open for the 2013 elections, as the last of the aspiring …
Read More »“Very positive, on India-Bhutan relations”
As far as first impression goes, the Indian Ambassador to Bhutan, V.P Haran is most pleased with ‘the beautiful place and its warm and friendly people’ but he intends to do more than just that. First off on his roster is to strengthen the bond between India and Bhutan. “Indo-Bhutan …
Read More »Bhutan’s biggest industrial SEZ opens for bidders
733 acres Jigmeling to be Bhutan’s industrial heartland once it takes off In what could be an important step in Bhutan’s industrial development DHI Infra floated a global request for proposal (RFP) for the 733 acre Jigmeling Special Economic Zone on 28th December, 2012. The last date for bid submission …
Read More »145 acre Montanga SEZ to take off soon while 500 acre Dham Dhum stuck in land issues
The government will start work on the 145 acres Motanga Special Economic Zone in Samdrup Jongkhar by mid 2013. Unlike Jigmeling the government will own and operate the SEZ as DHI Infra will pump in Nu 100 mn of the equity while the government will put in another Nu 100 …
Read More »DNT to distribute Bhutan’s mineral wealth equally, if elected
These are certainly new times and with this bold promise from the DNT camps, it certainly calls for newer measures from other parties as well to up the ante. Through its ‘Mitser Thoblam Chathrim’ or the Citizens’ Dividend Act’ the Druk Nyamrup Tshogpa (DNT) promises to ensure equal shares in …
Read More »Concern over viability and generous concessions on Education City
There are growing concerns that that the government is providing too much concessions and resources to the Education City at a time when the country is facing severe cost saving measures. Also, there is also concern on the viability of the multi-billion Education City project, especially since till date the …
Read More »Elections will be here but will the right number of voters show up?
As the Election Commission of Bhutan (ECB) gears toward the 2013 elections stepping-up on electoral education and deploying returning officers as far as New York, the general atmosphere for the sphere of politicos remains apprehensive, especially about voter-turnout. Talks doing the round in the circle of political enthusiasts is that, …
Read More »RMA’s Annual report claims the financial system is safe and sound
The Royal Monetary Authority Governor, Daw Tenzin focused on the rupee shortage and the credit crunch in the RMA Annual Report released this Monday. The report covers the financial year of July 2011 to June 2012. Referring to the measures taken in light of the rupee and credit crunch the …
Read More »Bhutan to soon get Rs 5.5 bn from SAARC currency swap arrangement
Just as Bhutan’s rupee borrowings are about to touch the ceiling there could soon be some major relief as Bhutan will be entitled to get USD 100 mn or Rs 5.5 bn from the Reserve Bank of India for a period of six months. This is under the SAARC currency …
Read More »Four Bhutanese detained in Nepal
Four Bhutanese citizens have been detained in Kathmandu the capital of Nepal after they were caught by custom officials for carrying banned Rs 1,000 denominations coming to Rs 98,000 and also 3,000 USD. In Nepal, like in Bhutan the carrying of Rs 1,000 note denominations is forbidden and people entering …
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The Bhutanese Leading the way.