India’s Petroleum Minister has agreed to have an MoU During the recent visit of the Ministry of Economic Affairs (MoEA) Minister Loknath Sharma to Delhi, he raised the matter of the need for a Memorandum of Understanding (MoU) between the two governments on the supply of fuel to Bhutan with …
Read More »RAA asks operations of all Karaoke and Live music outlets to be suspended
The charge is that they are either operating like Drayangs or do not have proper licenses The Royal Audit Authority (RAA) recently did a review of the 7 January 2022 executive order closing the operation of all Drayangs in the country. It also looked at the extent of monitoring of …
Read More »Druk Air and Bhutan Airlines incur Nu 3.7 bn in losses
The two airlines in Bhutan have been hit hard since March 2020 by the pandemic. The financial loss incurred is so huge, that it would be difficult for the airlines to overcome the loss anytime soon, despite air travel picking up. Drukair has incurred a loss of approximately Nu 2.5 …
Read More »His Majesty Grants Audience to RIM Graduates
His Majesty The King granted an Audience to the 2019-2022 cohort graduating from the Royal Institute of Management on 10 August 2022. In an informal conversation with the 746 graduates and RIM staff, His Majesty spoke about our challenges as a nation, concerns over issues we face today, and our …
Read More »RUB to revamp, phase out and introduce new courses across all 12 Colleges to make Graduates more employable
The Royal University of Bhutan (RUB) is currently in the midst of revamping many courses, doing away with some and getting in new courses in all 10 institutes under it and also the two private colleges affiliated to it. The Vice Chancellor (VC) Nidup Dorji while confirming the above said …
Read More »Govt looks at restricting non-food imports as reserve hits new low
With the country’s foreign reserves getting lower by the month the government is looking at ‘rationalizing imports,’ whereby the imports of certain non-food and non-essential commodities may be restricted. Lyonpo Namgay Tshering of the Ministry of Finance (MoF) said that Bhutan currently has USD 845 million (mn) of foreign currency …
Read More »After losing Nu 192 mn in 3 years Govt ends Buy Back Scheme
During the initial stages of implementation of the Buy Back Scheme (BBS), in 2016, 2017, and 2019, the Food Corporation of Bhutan Limited (FCBL) was able to generate a profit of around Nu 3.34 million (mn), Nu 4.43 mn, and 4.85 mn respectively from buy back of paddy, maize and …
Read More »Restrictive SOP for the media in NA
The National Assembly of Bhutan has come with a controversial and restrictive Standard Operating Procedure (SOP) for the media which many journalists feel will hamper the ability of journalists to report in the Parliament. While there are nineteen rules reflected in the guide lines there are five rules targeting the …
Read More »His Majesty The King grants Audience to the Indian Chief of Army Staff
His Majesty The King granted an Audience to the Indian Chief of Army Staff, General Manoj Pande, at the Throne Room of the Tashichhodzong. General Manoj Pande is on a two-day visit to Bhutan, his first since his appointment as the Indian Army Chief in April 2022. The General was …
Read More »The facts behind the Great Resignation
It is an open secret that larger than usual numbers of civil servants have been resigning in recent times with a record 1,023 civil servants voluntarily resigning from July 2021 to June 2022. However, the popular misconception is that this has been happening only in the last 12 months or …
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The Bhutanese Leading the way.