Govt revamping FDI and EDP to make them more pragmatic and kick start the economy

The PDP government is in the process of studying and making some changes to the existing, Economic Development Policy (EDP) 2010 and the Foreign Direct Investment Policy (FDI) 2010 to promote economic activities and make Bhutan more investment friendly. Minister for Ministry of Economic Affairs (MoEA) Lyonpo Norbu Wangchuk said, “We need a pragmatic More...

by tb admin | Published 4 months ago
By tb admin On Friday, July 4th, 2014
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Each Minister given one indicator to push Bhutan to the top 100 position in the global ‘Doing Business Indicators’

A high powered Better Business Council is also being finalized and it will include members from the private sector After coming into power, one of the big economic promises of the government was to improve Bhutan’s More...

By tb admin On Friday, July 4th, 2014
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Govt to mine and export raw minerals for revenue through the State Mining Corporation

One big but brief and barely noticed announcement in the Prime Minister’s state of the nation address was the government’s plan to form a State Mining Corporation (SMC) that would export minerals to India and More...

By tb admin On Tuesday, July 1st, 2014
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NA’s Entitlement Bill may run into NC wall with its newfound ordinary Bill status

The Bill which was portrayed as a money bill earlier has now been found to be an ordinary Bill giving the NC a say while reviewing it in the Winter Session A key moment in the passing of the Parliamentary Entitlement More...

By tb admin On Tuesday, July 1st, 2014
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Taktsang Monastery

Anuradha Pehrson from Seattle USA rebuilt a Lego version of the Taktsang Monastery in eight months using standardized 150,000 Lego parts. Though she never visited Taktsang she studied several photos and images. More...

By The Bhutanese On Friday, June 27th, 2014
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DNT blasts both PDP and DPT for weakening democracy

In a strong statement the Druk Nyamrup Tshogpa (DNT) has condemned both the ruling People’s Democratic Party (PDP) and the Opposition Druk Phuensum Tshogpa (DPT) party over the large pay hike and entitlements More...

By The Bhutanese On Friday, June 27th, 2014
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A complaint box against ministers set up in the PMO

The Prime Minister’s office will be establishing a mechanism for the public to lodge complaints against Cabinet Ministers. This will, however, not cover inappropriate acts of other position holders, like Members More...

By tb admin On Friday, June 20th, 2014
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NC resolves not to accept hike until government’s revenue stream is clear

The National Council in a surprise move has decided to not accept the new pay hike applicable to MPs until the revenue sources to pay for these are finalized and implemented by the government. This is line with More...

By The Bhutanese On Friday, June 20th, 2014
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PM announces nine measures and five jewels to strengthen the Economy

The most important part of the State of the Nation (SOTN) address of the Prime Minister focused on the economy. The PM earlier tweeted “Have decided to cover as many areas as possible in SOTN, but most time will More...

By The Bhutanese On Friday, June 20th, 2014
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PM to give up Nu 50,000 a month from his salary

The Prime Minister in his state of the nation announced that he would be slashing Nu 50,000 per month from his salary and giving it to a charity at the end of five years. This would come to Nu 600,000 per year and More...