Prime Minister Dr. Lotay Tshering maintained that vehicle quota for each household that the ruling party pledged during the general election campaign will be reviewed at the Friday Meet session yesterday. “The pledge is still on and if it benefits people, then we will come up,” said Lyonchhen. However, the Prime Minister said it would […]
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BBS has made a submission of appeal to the High Court The Civil Bench of Thimphu District Court ordered Bhutan Broadcasting Service (BBS) to pay a penalty of Nu 45,000 to Bhutan InfoComm and Media Authority (BICMA) for breaching the journalist code of conduct on January 28. The case pertains to BBS-BICMA row over a […]
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While the western region of the country is developing at a dizzying pace, many dzongkhags in east and south have fallen behind. And it appears that it would take some effort to bridge the yawning development gap. Speaking to Business Bhutan, Prime Minister Dr Lotay Tshering said: “There is no clear solution for balanced regional […]
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Of the 21 registered private schools in Bhutan, 15 private schools have agreed to enroll students who scored less that 59.4% with a set amount of Nu 30,000 for day scholars and Nu 50,000 for boarders. However, high performing schools such as Ugyen Academy, Jamphel Higher Secondary School and Karma Academy to name a few […]
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From 2008 to 2017, DHI and Group covered 50.30% of the total recurrent expenditures The government’s investment arm, Druk Holding and Investments (DHI), has set an ambitious target to fund the entire recurrent expenditure of the government projected at Nu 68.77bn by 2030. This is one of DHI’s 10-year plan, according to its publication ‘Into […]
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The Bhutan Agriculture and Food Regulatory Authority (BAFRA) seized banned vegetables and imposed a fine of around Nu 19.46mn yesterday. BAFRA officials, acting upon tip off, seized five vehicles carrying chilies, beans and cauliflowers from the Rinchending checkpoint. They seized 843kgs of chilies, 283kgs of beans and 245kgs of cauliflowers. While two DCMs were heading […]
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The opposition has criticized the government for lack of vision and clarity and unambitious 12th Five Year Plan The government has not allocated specific budget for some of the pledges but it is confident of fulfilling them and achieving self-sufficiency, said Prime Minister Dr. Lotay Tshering at the Friday Meet session yesterday. On Thursday, the […]
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Bhutan’s dependence on hydropower has resulted in weak private sector development and also created macroeconomic vulnerabilities though the country’s growth has been driven mainly by the public sector through hydropower development. A 2019 World Bank report titled ‘Bhutan development report: a path to inclusive and sustainable development; macroeconomics, trade, and investment global practice’ found that […]
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The government will spend Nu 150mn a year to fund the schooling of over 4,000 class X students absorbed in private schools The government will spend anywhere from Nu 140mn to 150mn in a year to sponsor the education of 4,225 class X students who will be enrolled in private schools. A total of 12,033 […]
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Development of private sector has been constrained by factors such as skills shortage, small size of the domestic market along with limited access to foreign markets, and lack of competition. Access to finance is also one of the repeated challenges voiced by the private sector. A World Bank report ‘Bhutan development report; a path to […]
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