Thursday, July 24th, 2014 - 6:14 AM

Govt. embarks on cost cutting exercise

Among a host of other steps, freezing new constructions is one way to reduce expenditure Savings: In their effort to rationalise expenditure or cut cost, the government has suspended the construction of the royal civil service commission, finance ministry, and National Council new office buildings. Freezing new construction is one of the many ways the government is taking to cut on its expenditure. A chief budget officer with the national budget department, Phenpay R Drukpa, said, the current fiscal year’s (2014-15) budget would be controlled [... Read More]

Tsirang poultry cooperative to increase egg price

Cites raise in fuel prices and competition from middlemen as the causes CFM: Tsirang poultry cooperative, in its annual general meeting held yesterday, decided to increase the egg price, attributing it to the hike in fuel prices, and to be in competition with middlemen. The cooperative will now be buying at Nu 1500 a box of eggs from the farms, instead of the earlier rate of Nu 1400 a box.  A box contains seven trays or 210 eggs. At its sales outlet in the centenary [... Read More]

Deciphering imported products

IMG_9703Imported food products: Unaware of the contents, yet popular

The problem has been recognised since 2008 but is no closer to a solution BAFRA: Bhutan Agriculture and Food Regulatory Authority (BAFRA) regulations mandate shopkeepers to have labeling of imported products especially food in either English or dzongkha for consumers to know its content but the rule has largely remained on paper today. A popular food item in most shops in town, are imported noodles of various flavours. Despite not knowing its content, it is widely preferred by customers, especially the youth. Likewise, there are [... Read More]

A way forward for NFE instructors

The ministry is to allow 196 of them to appear for the class XII exams for the first time Education: Along with regular students, about 196 non-formal education (NFE) instructors will sit the class XII board examination for the first time next year. The education ministry decided to let the instructors appear the board examination without having formally studied class XII. Over 680 NFE instructors employed by education ministry today are class X graduates.  There are a total of about 885 instructors across the country. [... Read More]

Chazam-Duksum road widening work well on track

DSC01492Formation cutting will be completed within days

DoR: The Chazam to Duksum road will be broadened and ready when trucks carrying heavy machinery and material start coming to Duksum for the construction of the 600MW Kholongchu hydroelectric project. The formation cutting between Jamkhardrang and Duksum along the Trashiyangtse highway will be completed within the deadline, according to department of roads (DoR) officials in Duksum. Assistant engineer with Duksum field sub-division office, Dendup Dorji, said they have to excavate 5.3km by July 15. “We finished formation cutting along 5.23km of the stretch and [... Read More]

Fashion with an eco-friendly flavour

DSC_7165Waste not: Models wear designs created from waste

The 2nd Nazhon-ista competition showcased clothes made of traditional textile and waste Go Youth Go: As the lights went out, the murmur among the audience died down, and a soothing traditional music filled the air.  As models glided on the ramp, the audience let out a gasp. Young models showcased gowns, dresses and suits made of traditional textile and waste. With eyes unblinking, but full to the brim, was Tshering Zam, 17, the designer, whose collection was being presented at the second Nazhon-ista fashion show [... Read More]

Pay revision can be paid for : PM

Lyonchhoen accuses naysayers of seeking political mileage from the contentious issue  Salary: Allaying concerns raised on the pay revision, Prime Minister Tshering Tobgay yesterday said that the government has enough money to afford the salary raise, which, being granted royal assent, has now become law. “We’re comfortable and that’s why we proposed the revision,” lyonchhoen said. “We’ve done our work on where the money is going to come from.” Lyonchhoen said the government has identified where the total domestic revenue of Nu 24.599B would be [... Read More]

Paro airport expansion impasse

Lack of funds and space are the two main constraints to the stalled extension work DCA: With expansion work at Paro international airport stalled for lack of funds, the ministry of information and communications (MoIC) has requested the government to find funds from any source. The government of India (GoI) clarified last week that it had not committed Nu 680M for Paro airport expansion in the 11th Plan.  It was pointed out that the Bhutanese government had proposed Nu 680M for Paro airport expansion, which [... Read More]

External grants expected to decline

The shortfall will be offset if major hydropower projects come on-stream in time Export: The country’s external grants are expected to decline from  nine percent of GDP in fiscal year 2012-13 to six percent by the end of 11th Plan. This was according to the report on International Monetary Fund (IMF) consultation with Bhutan. As per the Articles IV of the agreement, IMF should hold bilateral discussions with members every year. The shortfall in grants has lead to a budgetary fiscal deficit of four percent [... Read More]

Page 9 of 758« First...5678910111213...203040...Last »