Thursday, October 23rd, 2014 - 9:45 PM
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Second witness in gecko case heard

Update: The second witness in the tokey gecko case, a former Gelephu dungkhag administrative assistant, informed the court the recording he submitted as evidence was one he had recorded. The hearing was conducted at the Gelephu dungkhag court yesterday. “I don’t have any personal issues with any of the people involved in the case,” he said at the court. “I submitted the recordings because it was against the country’s law, about which I was concerned.” The witness said he had informed forest officials of the [... Read More]

Restrictions do nothing for current account deficits

Constraints notwithstanding, imports increased by 11 percent while exports dropped by 0.1 percent  RMA: The central bank’s restrictions since March 2012 have failed to serve its purpose of correcting deficits in the economy’s current account. Current account records transactions in the form of import and export of goods and services.  A country is said to be in a current account deficit, when the imports of goods and services are more than its exports. Initially, when the restrictions were put in place, it was expected to [... Read More]

Religious tshogpa frowns on NC move to lift ban

Its members feel that, in order to save some law-breakers, children are being put at risk  Tobacco: While the Tobacco Control Act awaits deliberation at the National Assembly (NA) this summer, a religious tshogpa in Paro feels assembly members should disapprove the amendments National Council (NC) endorsed this session. The NC recently resolved to life the ban on the import and sale of tobacco in the country. Members of the tshogpa, most of them elderly, from 13 dzongkhags, who gather for spiritual sessions on all [... Read More]

NC to amend election Act

Deliberations will cover corruption-prone, loose segments of the act in the next session Council: Identifying loopholes in the election Act that may brew corruption, the National Council yesterday resolved to review and amend it in the next session. The chair of the good governance committee, Tashi Wangmo, while presenting the resolution, said the committee found the current system of monitoring party fund not vigilant enough to detect illegal source of funding. She also said penalties stated in the rules and regulations for dispute settlement bodies [... Read More]

Land kidu exercise reaches midway to completion

20140211-2C4A9498More than 2,000 people gather to offer tshogchang to Their Majesties, who visited the Jigme Khesar Namgyel Wangchuck Choling Lhakhang in Samkhar gewog, Trashigang

Land: His Majesty the King granted land kidu to 13,336 thram holders in Tashigang yesterday. The exercise to resolve land issues the national cadastral resurvey brought to light in 10 dzongkhags, a press release from the Royal Office of the Media stated had reached midway to achieving its target. The kidu recipients comprised people from 10 gewogs, three thromdes and the remaining people in five gewogs. Including beneficiaries of five gewogs earlier, 18,099 thram holders have received land kidu in Trashigang. Completed in Bumthang, Dagana, [... Read More]

The allure of illegal wildlife trade

Need to make it a high-risk and low-profit activity so as to curb the crime Workshop: High profits, slight risk of detection and being apprehended, and low penalties made illegal trade of wildlife attractive to criminal groups, the director for the International Fund for Animal Welfare (IFAW), Kelvin Alie, said. Presenting wildlife crime to various law enforcement agencies in Paro yesterday, he said the main reason people got involved in illegal wildlife trade was because they don’t get convicted, and instead got away by paying [... Read More]

Finance minister quizzed about stimulus plan

Going by how the stimulus was to be used, some council members said it nullified the objective of improving liquidity ESP: National council members yesterday asked the finance minister whether the government’s ambitious economic stimulus plan would really serve its purpose. The question was raised in light of the deficit of more than Rs 4B the government was faced with. Under the stimulus plan, Rs 2.1B was to be directly injected into the banks through subordinated debt, which would be added to the bank’s capital [... Read More]

NC draws up areas for govt. intervention in construction

Council: Recognising the spiraling cost of construction, National Council yesterday discussed strategies to combat adverse consequences of this sector. The council proposed six areas for government intervention in the construction sector. Among others, one proposal was for the government to strengthen and conduct research on low-cost housing technologies in both rural and urban areas. They wanted the government to strengthen fiscal and monetary measures to control land speculation, which led to high land costs. In addition, council members also recommended the government to fully implement [... Read More]

233 benifit land kidu in Trashiyangtse

Royal visit: His Majesty the King granted more than 154 acres of land kidu to 233 thram holders in Trashiyangtse on February 9 and urged the beneficiaries to protect their land. The first visit to Trashiyangtse after the royal wedding, His Majesty thanked the people for their wishes and prayers.  His Majesty also spoke to the people about the 600MW Kholongchu hydropower project in the dzongkhag. “The main purpose of hydropower projects is to improve the lives of the people,” His Majesty said, adding the [... Read More]

Govt. should review PAVA rates …

… said the PM at the meet-the-press, if what’s currently on offer is  not realistic Land rate: The government should review the rates, if what the government Property Assessment and Valuation Agency (PAVA) offers is way below the market rate, lyonchhoen Tshering Tobgay, during meet-the-press session last week, said. The prime minister was responding to the media’s query on development activities in Thimphu that have remained on paper for about a decade. This had happened because landowners were unwilling to accept government’s compensation rate that [... Read More]