When complete, the mini-dry port at Phuentsholing will enhance producing capacity, facilitate business and promote local produce in the international market, said the Economic Affairs Minister, Lekey Dorji, at the ground breaking ceremony of the port yesterday. Lyonpo said that with the increase in the country’s trade volume from Nu 15bnRead More
After Business Bhutan ran a story about an ill couple who were fated to meet by chance and made their home, a shanty, by the Thimphu River earlier this year, they have received donations in cash and kind from many sympathizers. The story which was posted on the paper’s Facebook pageRead More
The Natural Resources Development Corporation Limited’s (NRDCL) profit after tax (PAT) halved from Nu 15.07mn in 2015 to Nu 7.83mn last year. According to NRDCL General Manager, Sonam Chophel, profit for the financial year was affected because of the write-off provision of stock (stone) amounting to Nu 3.69mn, impairment of assetsRead More
Druk Green Power Corporation Limited’s (DGPC) overall income last year increased to Nu 14.624bn from Nu 14.258bn in 2015. The increase was attributed mainly to the 192.24MU increase in electricity generation with corresponding increase in energy export at higher tariffs. A dividend income of Nu 44.72mn was also accrued from theRead More
During the State of The Nation, Prime Minister, Dasho Tshering Tobgay said that currently, the total national debt stands at Nu 171bn, a major part of which funded hydropower construction. However, Lyonchhen assured that “while we should be concerned, hydropower debt will be paid back by hydropower earnings.” As of today, non-hydropowerRead More
Lyonchhen Dasho Tshering Tobgay, responding to Druk Nyamrup Tshogpa’s (DNT) allegations that the Fiscal Incentives 2016 is unconstitutional because they were not approved by parliament, said that “it is constitutional by precedent and by law”, during Meet The Press on Friday. Lyonchhen said as far as the government is concerned, providingRead More
His Majesty The King granted Dhar to two Drangpons and Dzongdags, and a Gup, at the Tashichhodzong today.
Kuenley Tshering, the former Justice of the High Court and eminent Member of the National Council, has been appointed as Justice of the Supreme Court. Norbu Tshering, who was serving as a Justice of the High Court has been appointed as Justice of the Supreme Court. Karma Galay, formerly the director ofRead More