In accordance with the directives from the Royal Monetary Authority of Bhutan, dated 10 May 2022, all kinds of loans including Bank Guarantee (BG ) are suspended until further notice for Bhutan Development Bank Limited, Royal Insurance Corporation of Bhutan Limited and National Cottage and Small Industry Development Bank in …
Read More »COVID-19 Crisis Emergency Support Loan of Japanese Yen 3.3 billion
Ambassador of Bhutan to Japan V. Namgyel and Chargé d’Affaires, a.i. of the Embassy of Japan in New Delhi Mr. Kawazu Kunihiko signed the Exchange of Notes for COVID-19 Crisis Emergency Support Loan on 20th May 2022 in New Delhi. Under this loan, the Government of Japan will extend ODA …
Read More »Police replies on Penjore’s evidence
Of the three evidences submitted to the Thimphu District Court (TDC) by Penjore in the ongoing defamation case on 28 April, the court had asked the Royal Bhutan Police (RBP) to submit a justification on the third evidence asked for by Penjore from the RBP and OAG. The third evidence …
Read More »Bhutan reaching herd immunity for now as COVID-19 positivity rate drops
The number of positive cases has gone down because not many COVID-19 tests are done like in the past. Also, Ministry of Health (MoH) has withdrawn the regular flu clinics. But the COVID-19 tests are still done in the regular health centers. The Prime Minister Dasho Dr Lotay Tshering said …
Read More »Penjore and RBP submit evidences
On 28 April 2022 Penjore and Royal Bhutan Police (RBP) submitted their evidences during the evidence hearing in the Thimphu District Court in connection to a defamation case against Penjore. Penjore submitted three evidences during the hearing. He submitted a news article by BBS on 4 May 2021 on the …
Read More »How offices are coping with staff testing COVID-19 positive
With the ease in COVID-19 restrictions, many government, corporate and private entities have had staff coming back to offices in large numbers and also testing positive which in turn affects the functioning of the office. There is no ministry, agency or company where staff have not tested positive in significant …
Read More »Thimphu District Court convicts BEO owners in Learn and Earn program
Jurmey Tshewang and Tenzin Rigden of the Bhutan Employment Overseas (BEO) are sentenced concurrently to a total of 7 years and 11 months by the Thimphu District Court. Of this they got 5 years each for making false Bank of Bhutan accounts (guarantor) of the 697 students, who participated in …
Read More »New UN Resident Coordinator
The new Resident Coordinator (RC) of the United Nations system’s operational activities for development in Bhutan, Ms. Karla Robin Hershey, presented her Credentials to the Prime Minister, Lyonchhen (Dr.) Lotay Tshering at the Gyalyong Tshogkhang on 8 April. Ms. Hershey is from the United States of America. She has served …
Read More »No testing and quarantine for high-risk area travelers from April 4
The mandatory quarantine and testing for domestic travellers from high-risk areas are being withdrawn. The high-risk areas include Thimphu, Wangduephodrang, Dukti chiwog under Yallang gewog and Jangphutse-Manam villages under Toedtsho gewog in Trashiyangtse, Merak and Sakteng gewogs in Trashigang and all bordering areas in southern Bhutan. They need not undergo …
Read More »GoI provides support of Nu 737 mn for infrastructure development
The Government of India (GoI) provided support of Nu 737 mn towards key Infrastructure Projects in Bhutan. The GoI has released the amount for the key Development Projects being implemented across the country. According to the press release, these bilateral projects are being executed in the sectors of Road Infrastructure, …
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