Four weeks ago the Druk Holding & Investments (DHI) had announced a strategic partnership with Bitdeer Technologies Group to develop environmentally sustainable, carbon- free digital asset mining operations in Bhutan. The Fundraising was to start at the end of May. However, there is still some confusion among the public on …
Read More »Govt writes to World Bank to source funding for 1,125 MW Dorjilung project
600 MW Kholongchu potential funders finish project visit and will give answer soon The much talked about 1,125 MW Dorjilung project has finally gotten a lease of life as the government has written a formal letter to the World Bank asking them to look for the funding of Dorjilung project …
Read More »179 Adoption cases processed by NCWC with adoptions on the rise
According to the National Commission for Women and Child (NCWC), the number of applicants aspiring to adopt children and to provide Kinship and Foster care to children has been on the increase in recent years. In 2020, 15 children were adopted, followed by 17 in 2021, 31 in 2022 and …
Read More »12th Expert Group meeting on Bhutan-China boundary issue
The 12th Expert Group Meeting (EGM) on the Bhutan-China Boundary Issue was held in Thimphu, Bhutan from 24th to 25thMay 2023 according to the Foreign Ministry. The Bhutanese delegation was led by Mr. Letho Tobdhen Tangbi, Secretary of the International Boundaries, and the Chinese delegation was led by H. E. Mr. Hong …
Read More »A survey reveals reasons why Bhutanese are leaving in large numbers
The Center for Bhutan and GNH Studies (CBS) surveyed 181 Bhutanese to find out why Bhutanese are leaving for abroad or plan to do so in the future. This is the largest survey till date. The Bhutanese accessed the findings and raw data of the survey and analyzed them. The …
Read More »1,722 civil servants resign in first five months of 2023 compared to 1,538 in whole of 2022
According to data from the Royal Civil Service Commission a total of 1,722 civil servants have resigned from January to 25th May 2023. This comprises of 1,333 regular civil servants and 389 contract civil servants. In the whole of 2022 a total of 1,538 civil servants voluntarily resigned made up …
Read More »INR 2000 withdrawal stumps Bhutanese who accepted them
Last Friday, on 19th May the Reserve Bank of India (RBI) notified the public that it will be withdrawing its INR 2000 notes from circulation as the notes have reached its estimated life span even though it remains as a legal tender. The RBI stated that it will be accepting …
Read More »Many Bhutanese lured to be members of a Ponzi scheme making crypto claims
It claims to have 30,000 members in Bhutan Bhutanese citizens, especially the uneducated ones in villages, are being lured to take part in the Tallwin Life Scheme through the social media and mainly Telegram. Although it claims to make use of crypto, the scheme has reached its popularity among rural …
Read More »RMA extends loan deferral for moderate and low risk sectors till June 2024
Under the Monetary Measures Phase IV announced in June 2022 it was decided that while high risk sectors like tourism hotels and restaurants, airlines, tour operators, ticketing agents and travel agents will get a two-year loan deferral till June 2024 the other moderate and low risk sectors will get a …
Read More »Education Minister says higher pay proposed for teachers
9 Indian STEM teachers paid 50% by Bhutan and 50% by India There has been much controversy over the Ministry of Education and Skills Development’s (MoESD) plans to hire Indian STEM teachers and pay them Nu 140,000. However, the MoESD Minister Jai Bir Rai said that Bhutan is only paying …
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The Bhutanese Leading the way.