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Bhutan to build landmark international airport in Gelephu by 2029

Bhutan to build landmark international airport in Gelephu by 2029

During the 117th National Day celebrations at Changlimithang, His Majesty The King announced that Bhutan's priority for the next five years is to construct a large international airport in Gelephu. Speaking at a recent forum, Seow Hiang Lee, a Board Director of Gelephu Mindfulness City, said that Bhutan has the opportunity to create one of the finest airports. “This project...

Remittances from Bhutanese abroad hit USD 210 M

Remittances from Bhutanese abroad hit USD 210 M

Bhutanese living abroad collectively remitted more than USD 210 M between August last year and October this year, according to the Central Bank’s monthly statistical bulletin. December last year saw the highest monthly remittance, nearly USD 29 M. Australia emerged as the top source of remittances, with contributions rising from USD 1.87 M in August 2023 to a peak of...

Thimphu Thromde’s fraud and corruption cases forwarded to ACC

Thimphu Thromde’s fraud and corruption cases forwarded to ACC

The Royal Audit Authority has referred four fraud and corruption cases concerning the Thimphu Thromde in the 2023-2024 financial year to the Anti-Corruption Commission (ACC). These cases included unauthorised granting of e-PEMS access to accountants, as well as discrepancies in non-revenue receipts. Additionally, potential misappropriation of funds and deposit of government funds into personal savings accounts, among other issues were...

Audit observes poor workmanship in farm road GSB projects

Audit observes poor workmanship in farm road GSB projects

In its latest report, the Royal Audit Authority revealed several audit issues concerning the laying of Granular Sub-Base (GSB) on farm roads. These include the rapid appearance of potholes, erosion, and GSB washouts shortly after project completion. The report also highlighted the use of improperly graded GSB materials and inadequate compaction. The authority stated that such practices compromise road durability...

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