3 other employees and 1 private individual convicted for other things The Thimphu District Court recently convicted the ATM Custodian of DrukPNB bank Thinley Jamtsho for embezzling Nu 10,474,750 or 10 million (mn) from 9 ATMs in Thimphu. Thinley was embezzling the amounts from machines and replenishing them from other …
Read More »Former MoLHR Minister and DG convicted in ACC case but most charges dropped and 4 others acquitted
The Thimphu District Court recently gave its verdict on the Anti Corruption Commission (ACC) case against the former Minister of Labour and Human Resources (MoLHR) Ngeema Sangay Tshempo, the former Director General Sherab Tenzin and five others. Of the total seven accused in the cases four were acquitted while of …
Read More »FIs at risk if hotel sector is unable to pay back loans
Under the Royal Monetary Authority’s (RMA) monetary measures IV, hotels and restaurants (tourist standard/budget) got deferment of loan repayment for up to 2 years in June 2022 till June 2024 as they were identified as high risk being severely affected by the pandemic. There is just another year of deferment …
Read More »His Majesty meets Desuups piloting Gyalsung Training component
His Majesty The King granted an Audience to participants of the 56th Batch DeSuung Training Programme, ongoing at Pelrithang, in Gelephu on 8th March 2023. The 56th DeSuung Training Programme is special, as it is a three-and-half-months long programme which pilots a part of the training designed for Gyalsung, …
Read More »Bhutan is a star at LDC meet as it graduates but an uncertain future awaits
The United Nations Least Developed Countries (UNLDC) conference which is a once in a 10-year meeting of 46 LDC countries, UN agencies and donor countries was held this year in Doha, Qatar from March 5 to 9. LDC countries simply put are the world’s 46 poorest and most vulnerable countries …
Read More »‘Bhutan Paradox’: Flawed indicators show success but Bhutan has lasting vulnerability
Bhutan is set to graduate from the Least Developed Countries status in December 2023 based on the 3 criteria of per capita income, human development assets (education, health) and vulnerability and 14 indicators under them. However, if one takes a closer look everything is not hunky dory as Bhutan graduates …
Read More »Arts Graduates bemoan loss of creativity and artistry and say employment not an issue
Generally, there is a prejudice that students who study humanities usually have trouble getting employed. Royal University of Bhutan (RUB) will be doing away with humanities subjects in government colleges and is replacing it with more technical courses to make students more employable and relevant to the job market. However, …
Read More »Professionals give reasons for leaving and what needs to change
The Bhutanese talked to some civil servants and professionals on why they are leaving for Australia and what changes they would like to see. While they agreed for their first names to be used they did not want their full names or the names of their agencies to come out …
Read More »Plan to open entry to border towns for 24 hours hits SSB roadblock
On the night of 24 February a Bhutanese citizen Maya (name changed) came back from Kalchini and found the main gate at Phuentsholing being closed after 11 pm. She approached the RBP on duty at the gate and showed them her CID card, but they said they can only allow …
Read More »GoI offers Third Internet Gateway at USD 4.5 per Mbps after subsidy
At the end of January 2022, it was announced that the Government of India (GoI) would offer a concessional rate for the third internet gateway, but details were lacking. Earlier negotiations were stuck with Indian PSU Telecom provider Bharat Sanchar Nigam Limited (BSNL) which wanted to charge USD 8 per …
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The Bhutanese Leading the way.