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The Supreme Court has delivered judgments for 14 out of 15 civil and commercial appeal cases involving Phajo Nidup.

The Supreme Court has delivered judgments for 14 out of 15 civil and commercial appeal cases involving Phajo Nidup.

The Supreme Court has delivered judgments for 14 out of 15 civil and commercial appeal cases involving Phajo Nidup. The court has fully affirmed seven High Court judgments where Phajo has to restitute over Nu 189 M to various parties including banks. Six cases were withdrawn by appellants and one case concerning BoB was partially reversed, leaving only one case...

Khorlochhu Hydropower Project takes off with Nu 16.8bn contracts

Khorlochhu Hydropower Project takes off with Nu 16.8bn contracts

The 600-megawatt Khorlochhu Hydro Power Project took a major step forward with the signing of four contracts worth Nu 16.8bn on 10th January. The contracts will cover the construction of a dam and powerhouse. The two main shareholders, Druk Green Power Corporation and Tata Power Company Limited, also held their first general and board meetings in Trashi Yangtse, appointing the...

Inflation drops to 2 per cent in 2024 – RMA

Inflation drops to 2 per cent in 2024 – RMA

The Royal Monetary Authority's 2024 annual report reveals that inflation in Bhutan has dropped to one of its lowest levels last year since the COVID-19 pandemic. The figure fell to 2 per cent as of August from 5.7 per cent in the same month in 2023. This decline, largely driven by falling fuel prices and slower increases in non-food costs,...

Advocacy network summit calls for reforms in Bhutan’s drug response system

Advocacy network summit calls for reforms in Bhutan’s drug response system

The Chithuen Phendhey Association, a civil society organisation, and individuals recovering from substance use disorders are calling for systemic reforms in the country’s response to drug abuse. Speaking at a recent community-led advocacy network summit in Phuentshogling, they highlighted rising drug issues and shifting patterns of drug use in the country. Plans are underway to appeal to the Prime Minister’s...

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