June 26, 2013
Ms. Diana Nelson, Political Counsellor at the Australian High Commission in New Delhi called on the Chairperson of the National Council of Bhutan on 26 June 2013. She is on a ten-day visit during which she would sit on interview panel of the AusAid Scholarship for Bhutanese Students.
The Chairperson welcomed Ms. Diana Nelson extending his gratitude to the Australian Government for providing significant assistant in the development of Bhutan’s human resources and agriculture sectors. He also recalled the bilateral visits of members of the two Parliaments and expressed his commitment to deepen the relationship between the two Parliaments.
Ms .Diana Nelson shared the various commitments that the Australian Government has extended to Bhutan, and how its assistance to Bhutan would not only diversify but continue for many years. Read More »
June 25, 2013
The Royal Insurance Corporation of Bhutan (RICB) and Bhutan Development Bank Limited (BDBL) made presentations to the members of National Council today as part of ongoing policy orientation. The CEOs of both the companies and their officials responded to questions and concerns of members on insurance and rural banking issues.
The following were some of the issues discussed with RICB.
- RICB has an asset worth Nu.7.7 billion. It is considering embarking in future on real estate business since it has sizeable holdings of landed property.
- Contrary to popular perception, there is no shareholding of the Government of India in RICB. When the company was started in 1977, Oriental Insurance Company provided technical support. Read More »