December 28, 2009: Druk Holding and Investment (DHI) has entered into partnership with the SAP, largest software company in Europe, to meet the DHI objective of streamlining the target of providing electricity for all by 2013 and to strengthen administrative and management procedures. The DHI will use SAP software in member companies like Druk Green … Read more
December 27, 2009: The Delhi High Court has issued verdict in favor of allowing Rongthong Kunley Dorji to travel anywhere on December 21. The court had earlier issued a stay order on the extradition proceedings in the District Court against Rongthong Kunley Dorji on December 10. The verdict was given by Divisional Bench comprising of … Read more
December 27, 2009: The first Nomadic festival organized by the government kicked off amid special inauguration ceremony attended by Agriculture Minister Dr Pema Gyamtsho at Wangchuck Centennial Park in Bumthang. Senior government officials, members of parliament and tourist as well graced the festival on the first day. The first day of festival attracted over a … Read more
Recent beatings of South Asian refugees have prompted Denver police to hand out cellphones to newcomers from abroad. The hope is that the emergency-only phones, which require no payments, will help refugees reach paramedics and police to prevent future trouble, said Scott Snow, director of the Denver police Victim Assistance Unit. “It gives a sense … Read more
December 22, 2009: Dissatisfied with the government draft of new economic development policy, especially allowing 100 percent foreign investment in certain sectors, Bhutan Chambers of Commerce and Industry (BCCI) has submitted a memo to the government compiling the list of its grievances. Though the prime minister and the cabinet on August 5 had given assurances … Read more
December 20, 2009: King Jigme Khesar Namgyal Wangchuk has appointed a long-serving High Court chief, having no certification on legal studies, Sonam Tobgye as the new Chief Justice of the country. The six-member Royal Commission formed on November 19 recommended former chief justice of the High Court of Bhutan as the new Chief Justice of … Read more
December 14, 2009: The craziness among Bhutanese rulers sounds going beyond normal state in relating things with Gross National Happiness, claimed to be coined by fourth king Jigme Singye. Encouraged by the WB official’s offer to adopt GNH as development index, the Bhutanese rulers began talking about using the philosophy in all issues they come … Read more
December 12, 2009: There was time, very critical time, when a Bhutanese seeking asylum in Germany was extradited to Bhutan, where he would face severe torture, harassment, and jail terms. Fortunately, he has been granted asylum, thanks to international pressure and lobby by exiled Bhutanese groups including media in exile. The long awaited asylum appeal … Read more
December 11, 2009: Talked since 1997, Royal Monetary Authority (RMA), the central banking authority, has finally launched Credit Information Bureau (CIB) Project that is expected to ease the teething process customers have been facing to get loans from banks and other financial institutions. Initially, the project will be a test run in banks for three … Read more
December 09, 2009: Traders seeking a break from volatile global markets may want to head to Bhutan’s bourse, where stocks are traded on just four computers — when they have not crashed — only twice a week. “I’ve got one order to sell 2,820 shares,” said 23-year-old Deki Peldon, the only broker for today’s short … Read more