Drukgyel Dzong reconstruction work 43% complete

Drukgyel Dzong in Paro is 43% physically complete so far since its reconstruction started in March 2016. The Salang Tendrel (ground breaking ceremony) of the reconstruction of the dzong was done on February 6, 2016. Nu 500m has been allocated to the project, which is divided into seven phases. The Project Manager, Namgay Dorji, said […]

New multilevel car parking opens in Phuentsholing

A newly completed multilevel car parking is now operational from Thursday and is expected to decongest the already congested Phuentsholing town. The parking will accommodate 202 light vehicles in three three-storied building and also has installed close circuit television and biometric entry gate for systematic functioning. The Phuentsholing Thromde will manage the parking for a […]

BCCI forms committee for private sector development

The Bhutan Chamber of Commerce and Industry (BCCI) signed a Memorandum of Understanding yesterday on forming a committee of 11 different sectors association for private sector development in the country. This committee will come together and discuss the issues faced by the individual sector and form collective recommendations which can be implemented for the smooth […]

Local government gets 100% capital funding

The capital grant allocation to the local governments in the 12th Five Year Plan (FYP) has increased by 100% to Nu 50bn from Nu 25bn in the 11th plan. This is to meet the increasing demand of public services from local governments. The capital grant of Nu 20bn is allocated to 20 dzongkhags and Nu […]

Govt. to upgrade REDCL to CSI bank

The government plans to upgrade Rural Enterprise Development Corporation Limited (REDCL) to Cottage and Small Industry (CSI) bank. Finance Minister Namgay Tshering said this during the Question Hour session at the Parliament yesterday while responding to Member of Parliament (MP) from Nanong Shumar, Pemagatshel, Lungten Namgyel. MP Lungten Namgyel questioned if the government would continue […]