The information and communications minister D N Dhungyel represented Bhutan at the Connect Asia-Pacific Summit, which was held on November 18 in Bangkok. Heads of state, ministers and industry leaders from the region attended the summit to push forward a common vision for an inclusive, development-centred and innovative digital society by 2020.
Photo and info courtesy :MoIC
With the external debt to GDP ratio at 97 percent, the prospect of insolvency can’t help but loom
Finance: If you have Nu 100 in your pocket, Nu 97 belongs to your friends and relatives you borrowed from, and to whom you are liable to pay back with interest.
This is the state of the Bhutanese debt situation today.
According to latest figures available with the central bank, the economy’s total debt stands at around Nu [... Read More]
TRCDAD: One of the major problems faced by the rehabilitation centre at Serbithang, about 15km from Thimphu town, was to transport patients, who got sick, to hospital.
They were also left in want of a ride, when some of those in rehab had to go for regular checkup, or when the centre had to carry out shopping.
The treatment and rehabilitation centre for drug and alcohol dependence (TRCDAD) has therefore decided to buy a new [... Read More]
Football: When most Thimphu residents are beating the cold in the comfort of their homes, more than 20 men, aged 35 and above, in shorts and sleeveless jersey, were sweating at the Changlimithang stadium last evening.
The ongoing veteran football tournament is an attraction for the so-called “old folks,” football aficionados within and around the capital every year.
It is not only an opportunity for them to talk about local football, but an occasion to [... Read More]
The figure was reached considering the last three year’s inflation that increased by 21 percent
Salary: While the pay commission the government recently established has yet to discern by how much civil servants’ salaries should be increased, local economists say it must be by a minimum of 21 percent of their existing pay scale.
The figure was reached considering that the inflation over the last three years increased by 21 percent. Pay hikes, as a [... Read More]
NLCS: To curb multiple land sales and mortgaging, the National Land Commission secretariat (NLCS) will now restrict the reissue of lag thrams (land ownership certificates) to landowners.
Handing over new sa-thrams for 11 gewogs under Punakha dzongkhag to dzongkhag officials yesterday, commission secretary Dasho Sangay Khandu, said it was to close the window of controversy regarding land.
“In the past, landowners were given as many lag thrams as they requested for, paying just Nu 30 [... Read More]
Conservation: Of late, people of Katsho gewog in Haa have been rushing to the dzongkhag forest office to acquire sokshing (woodlots) on lease.
About 50 people from the gewog had put in applications to take sokshing on lease.
Katsho Gup Chundu said some people in the locality were of the perception that once they took sokshing on lease, they would have ownership over the trees and stones in the area.
Villagers of a community as a [... Read More]
PM meets Chinese ambassador: Ambassador of the People’s Republic of China to New Delhi, Mr Wei Wei called on Prime Minister Tshering Tobgay at the Gyalyong Tshogkhang yesterday.
During the meeting, Lyonchhoen said people and the government of Bhutan valued and attached high importance to its relations with the people and the government of China.
Lyonchhoen also expressed his satisfaction on the growing [... Read More]
Much to the appreciation of the 200 “entrepreneurs” and those waiting to become one, the prime minister when addressing the opening of the Global Entrepreneurship Week on Monday, announced a grand plan.
Not only is there a serious plan to boost entrepreneurship in the country, the Lyonchhoen had committed a huge fund, Nu1.9B, out of the government’s economic stimulus plan to restart the Business Opportunity and Information Centre through which entrepreneurship will be promoted. With the [... Read More]
Inflation: The price of doma (areca nut) and betel leaves has increased by 20 percent in one month, from August to September, according to the National Statistical Bureau (NSB) monthly consumer price index (CPI).
Recorded under the narcotics category, the price of doma recorded the highest rise, followed by food products at 5.87 percent, and fish by 5.20 percent in a month. Bread and cereals increased by 3.12 percent and meat by 2.29 percent.
NSB’s [... Read More]
