His Majesty earlier arrived back after a visit to Qatar and UAE His Majesty The King graced the opening ceremony of the 9th Session of the Third Parliament on 9 June. Members of The Royal Family, senior government officials and other dignitaries attended the Opening Ceremony. The ceremony was also …
Read More »Reserve position for FY 2023-24 not looking good
The reserve position as reported in the Budget Report for FY 2023-24 stands at USD 689 million (mn) adequate to cover for 14 months of essential imports. Gross international reserves at the end of FY 2021-22 stood at USD 833 mn, sufficient to cover 15 months of essential imports. However, …
Read More »Bhutan to be the first country in the world to use self-sovereign identity (SSI) and block chain technology
Bhutan is the only nation in the world, according to MOICE Minister Karma Dorji, to deploy self-sovereign identity and block chain technology for the National Digital Identity (NDI) system. This claim was made during the 9th session of the National Assembly. The Minister declared, “NDI is centralized internationally; it does …
Read More »Dedicated Police Division and Drug crackdown units to combat drug smuggling
In line with the National Drug Task Force (NDTF), the Royal Bhutan Police (RBP) in coordination with the Bhutan Construction and Transport Authority (BCTA) are conducting drug tests for all the Professional Driving License holders (PDL) to ensure road safety. The RBP has arrested a total of 1,194 people under …
Read More »Attrition from Financial Institutions and RMA impact them and service delivery
Civil servants are not the only professionals leaving as Financial Institutions (FI) are also suffering a high attrition rate. Until February 2023 7 FIs namely Bank of Bhutan (BoB), Bhutan National Bank (BNB), Druk PNB, T-Bank, Bhutan Development Bank Limited (BDBL), National Pension and Provident Fund (NPPF), Royal Insurance Corporation …
Read More »BNB donates reusable sanitary pads to two Central Schools
The theme for Menstrual Hygiene Day 2023 is – “Making menstruation a normal fact of life by 2030”. Menstrual Hygiene Day is observed annually on May 28 to highlight the importance of good menstrual hygiene, break stigma around menstruation, and raise awareness about challenges regarding access to menstrual products. Poor menstrual hygiene caused …
Read More »Govt considering Green Bonds to encourage investments from Bhutanese abroad
The Finance Minister Namgay Tshering said that the government is looking at designing special government backed securities called Green Bonds to encourage and attract foreign remittances and investment. The minister said that currently when Bhutanese send money through the banking route the RMA does give them a 2 percent incentive …
Read More »Thimphu shopkeepers concerned over the influx of ‘unofficial beggars’
Bhutan is renowned for its Gross National Happiness Index where happiness has a value. Various international magazines and online publications have described Bhutan as a happy place without any beggars. However, recent developments have compelled local authorities and residents to acknowledge the presence of beggars in the capital Thimphu that …
Read More »RBP registered 20 cases of crime against children in 4 months
Royal Bhutan Police (RBP) has registered 20 cases of crime against children from January to April 2023. Of the total registered cases, rape of a child above twelve years of age contributed the highest with 13 cases followed by child molestation with 4 cases. There were two cases of criminal …
Read More »115 Bhutanese win Visa Lottery to USA
In the latest Diversity Visa (DV) lottery results of USA, Bhutanese applicants have shown a notable increase, with 115 individuals being selected for potential immigration to the United States. According to the State Department of the US, the figure marks a steady rise from previous years, with 114 Bhutanese selected …
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The Bhutanese Leading the way.