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.
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.
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.
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.
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.
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?
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.
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.
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.
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.