Narayan Katel & Pema Choki/ Thimphu As the public continues to focus on the ongoing trend of the Australia Rush, there is a crucial aspect that often gets overlooked, the psychosocial impact on the children left behind in the care of their grandparents or relatives. The children can experience a …
Read More »100 MW Digital Assets mine at Gedu to start this month
Bitdeer has announced that a 100 MW mining datacenter located at Gedu, of which DHI is a strategic partner, will start mining operations by this month. Linghui Kong, Chief Executive Officer of Bitdeer made the announcement on Yahoo Finance News. Around 10,000 mining machines arrived at the Gedu datacenter by …
Read More »Druk Air plane grounded for 6 days in Kathmandu due to bird hit
On the 14th of June 2023 a Druk Air flight to Delhi via Kathmandu encountered a bird hit while in Paro Airport. However, the flight carried on as the system did not show any problems with the plane and so a review was done and they carried on. However, after …
Read More »PM says MoF SOEs will get a hike despite it not being budgeted
Earlier Acting Finance Secretary said no money in the budget for SOEs hike Two weeks ago this paper carried a story quoting the Acting Finance Secretary Leki Wangmo saying there are no resources within the government’s finance to accommodate a 50 percent (pay hike) subsidy to any Ministry of Finance …
Read More »As Visa refusal for Australia increases applicants are now exploring Canada
With stricter measures put in place after a comprehensive 190-page Migration Review Report by the Australia’s Home Affairs Department released in March 2023, Bhutanese exploring the Australia dream have started facing increasing visa refusals. Those who were rejected are now trying for a new option, the Canadian visa. Education consultancies …
Read More »His Majesty The King granted an Audience to the Indian Foreign Secretary
His Majesty The King granted an Audience to the Indian Foreign Secretary, His Excellency Vinay Mohan Kwatra, in Gelephu on 07 July, 2023. The Foreign Secretary is in Bhutan to discuss plans to further expand bilateral cooperation between Bhutan and India, which were discussed between the two governments during His …
Read More »NC and NA pass recommendation asking NSB to relook at inflation calculation based on a story of The Bhutanese
However, Finance Minister still defensive about NSB calculation On 23 June 2023 before the deliberations on the Annual Budget of 2023-24, the Economic Affairs Committee (EAC) of the National Council pointed to a story done by The Bhutanese Newspaper on 10 June 2023 titled ‘How we could be underestimating real …
Read More »His Majesty’s gift to the armed forces
It is well known that Bhutan has been contributing soldiers and police personnel to the United Nations Peace Keeping (UNPK) missions since September 2014. Other developing countries who contribute troops for such missions deduct 5 to 10 percent of the Mission Subsistence Allowance or Individual Reimbursement of their soldiers. Some …
Read More »10 % incentive may devalue the Ngultrum and curtail access to dollars
The Royal Monetary Authority (RMA) has increased its incentives on remittances from 2 percent to 10 percent, to increase the inward flow of remittances, to encourage Bhutanese residing overseas to send money back home from a period of June to December. However, this increase brings in the question of whether …
Read More »21 days leave will cost Govt Nu 500 mn per year and disrupt service delivery: RCSC
The 21 days leave provision introduced by the National Assembly will incur about Nu 500 million (mn) per annum to the government, according to the Royal Civil Service Commission (RCSC). RCSC had earlier introduced 12 days Annual Leave (AL), which the National Assembly (NA), taking into account numerous factors, raised …
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The Bhutanese Leading the way.