There has been some criticism of the news article titled, “MoE fires ‘PDP’ Principal and lets the ‘DPT’ one of the hook,” published on 16 August, 2012. The criticism from some of our readers is that this article did not get the version of the Ministry of Education, the other …
Read More »Letter to the editor
Response to ‘NLC says Chang Ugyen is in the wrong and asks replacement for grabbed land’ If he has taken land from Thimphu then it’s a prima facie case that land must be replaced from Thimphu and not from other Dzongkhags like Chukha, Paro or Punakha. Why is NLC having …
Read More »Letters to the Editor
Response to ‘DoR work floods Paro airport and turns NEC into a paper tiger’ Just because there seems to be a lapse in managing the mines, it does not mean we demean our much treasured water resources. As pointed out by some colleagues here, is it right for anyone to …
Read More »Trowa Theatre – a story that is not entertaining
During the recent National Council’s (NC) discussion on the report of Public Accounts Committee (PAC), I argued that the case of Trowa Theatre is one of policy corruption. Although both the print and broadcast media covered the deliberations in NC, I wish to further highlight why in my view this …
Read More »A response to “The Rupee Crunch: Reconciling theory with reality”
An op-ed published in your paper entitled “The Rupee Crunch: Reconciling theory with reality” by one Mr. Norbu has been making its rounds since May. It appeared in the May 19th issue of Kuensel under a pseudonym and again in the Bhutan Observer on May 25, identifying the author as …
Read More »Bhutan’s GNH Center
Bayul Dewaling, Bhutan’s Centre for Gross National Happiness, will be situated on 46 acres at an altitude of 2,835 metres in Bumthang’s sacred Choekhor valley in central Bhutan. The blue pine forested site is bounded by the Chamkar River to the west and south and by mountain slopes to the …
Read More »Studying Bhutan’s Mining Sector
A trend of increasing mineral extraction indicated by increased production statistics, increasing number of leases issued and revenue generated, leave no doubt that the mining and quarrying sector is slowly expanding. This is attributable to (i) growing exports of minerals, and (ii) increasing domestic consumption by industries as raw materials, …
Read More »Could we have saved six months?
The latest development on the Rupee shortage simmered to a scuffle between one House of Parliament and the central bank over how much and how to share information. The Economic Affairs Committee of the National Council (NC) was mandated to carry out a study of the Rupee shortage as a …
Read More »Part 3- The Rupee Crunch: Reconciling theory with reality
Did you ever realize that there are more incentives for consumption than saving and producing in Bhutan? Business conglomerates in the country have concocted their own definition and demarcation of private consumption- the primary contributing factor to the crunch. When government studies have pointed at private consumption and credit expansion …
Read More »Part 2- The Rupee Crunch: Reconciling theory with reality
While there are compelling arguments against opening the capital account to the volatilities of global finance, there are institutional frameworks and regulations that can be crafted and certain appropriate segments of the account that can be liberalized to alleviate such distortions. Another useful approach is the assessment of our commendable …
Read More »
The Bhutanese Leading the way.