DHI contributes 5.35 billion to govt. coffer in 2014

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Business: Although the Druk Holding and Investments’ (DHI) contribution to the government coffer in the form of dividend and taxes increased by Nu 220M to Nu 5.35B last year, many of its cash cow companies’ did not perform well.

Directive on LPG cylinders leaves depots vacant

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LPG: The department of trade’s letter asking the Indian Oil Corporation Limited (IOCL) to not refill expired LPG cylinders from Bhutanese dealers has left the depots in Phuentsholing with no LPG cylinders to issue.

Election deadline pressure on thromde decision

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The joint sitting will reconvene next week to finally resolve, it is hoped, the pending issue

Parliament: With the joint sitting of Parliament still not able to come to a consensus on the declaration of proposed dzongkhag and yenlag (satellite) thromdes even after two days of extensive deliberations, the house resolved to defer its deliberation to next week.

No consensus yet on three thromdes

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Daylong thrashing out of issue by joint sitting fails to reach complete resolution

Parliament: After a daylong deliberation, the joint sitting of the Parliament yesterday could not come to a consensus on the works and human settlement ministry’s proposal for declaration of dzongkhag thromdes and yenlag (satellite) thromdes.

Airport preparedness for quakes

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Much work remains to be done if the country is to be ready for that kind of a disaster

Aviation: The need to expand Paro international airport has become a more urgent issue following the April 25 earthquake in Nepal.

A rethink on the reserve?

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Given the huge volume of import from India, opinions differ on the merit of hoarding so many dollars

Currency: Bhutan is rich in hard currency reserve, but poor when it comes to rupee, begging the question why hold on to hard currency when the volume of the country’s trade is the maximum with India?

Indo-Bhutan trade transcends diplomatic ties

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Relation is most liberal and oldest free trade agreement, say officials from both sides

Commerce: With the ferro silicon industries facing stiff competition from those in China and Vietnam, the government has requested the Indian government to provide preference to Bhutanese ferro silicon.

18 more immigration officials suspended

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82 people implicated for bribery in illegal entry and exit of foreign workers

ACC/OAG: The department of immigration suspended 18 more immigration officials from the Phuentsholing regional office for their alleged involvement in bribery and illegal entry and exit of foreign workers in 2013 and 2014.

Ludrong Memorial Garden: A gift to the people of Bhutan

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Heritage: His Majesty the Fourth Druk Gyalpo yesterday inaugurated the Ludrong Memorial Garden, a gift to the people of Bhutan from Her Majesty the Royal Grandmother Kesang Choeden Wangchuck, on her 85th birth anniversary, at Langjophakha, Thimphu.

EU to release 20M euros

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Delegation: The European Union (EU) is working on releasing 20M (million) euros of the 42M it committed by the end of this year or beginning 2016, cooperation manager, Karine Olislagers, one of the members of the EU delegation, who are in the country, said yesterday.

Last October, the EU tripled its assistance from 14M to 42M euros for Bhutan’s efforts towards poverty reduction, food security and democratisation.

No slaughterhouse, govt. clarifies

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Q-hour: The government has no plans to set up slaughterhouses…

Sale of kerosene across border leaks millions in lost revenue

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RAA: More than Nu 251.37M (million) worth of revenue was foregone…

Royal visit to Haa concludes

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Visit: His Majesty The King and Her Majesty The Gyaltsuen are…