BUSINESS

MoA proposes priority loans for farmers and youth to RMA

Photo Courtesy: Bhutan Holiday Planner

Following the National Day address by His Majesty The King in Trongsa all Financial Institutions in a meeting with the Royal Monetary Authority (RMA) voluntarily pledged to enhance credit and support to agricultural projects as a priority sector. However, the only condition of the banks was that the Ministry of …

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Regional tourists turn into litterbugs in Bhutan

bus

Come winter and busloads of picnickers from the neighboring state of Assam pour into the bordering areas of Gelephu, Sarpang and Jomotshangkha that offer clean and quiet spots by the foothills and the riverside to revel and make merry. The revelers bring with them either packed food or utensils to …

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Second session of Bhutan Children’s Parliament concludes

The second session of the Bhutan Children’s Parliament (BCP) ended yesterday, in the presence of the Chief Election Commissioner and Election Commissioners with the offering of Zhabten to thier Majesties, the Fourth and Fifth King. The Chief Election Commissioner, Chogyal Dago Rigzin, expressed his appreciation and gratitude for the successful …

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His Majesty in Bumthang

His Majesty The King arrived in Bumthang on the morning of 29th December 2016 to visit Chamkhar town, where a fire that broke out on the 28th December night damaged 6 buildings.

His Majesty The King arrived in Bumthang on 29th December, to visit Chamkhar town, where a fire that broke out on 28th December night damaged 6 buildings. The buildings consisted of several homes and shops. DeSuups, and volunteers from the community, which included business owners, civil servants, and monks, assisted …

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RMA approves private money lending rules

Nu 500,000 amount restriction at maximum 15% per annum interest The Royal Monetary Authority (RMA) board on 29th December approved ‘The Private Money Lending Rules and Regulations 2016,’ which restricts private money lending to Nu 500,000 per person. The main objective is to regulate private money lending business and bring …

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Violent drunk dies after falling from a building

A 28 year old man from Changaykha gewong under Phuntsholing succumbed to multiple fractures on the head and knees. The incident took place on 29th of December. According to the report issued by Phuntsholing police, the informant who is an ex-army man and resides in the same building with the …

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A stitch in winter

The monsoon season is a nightmare for Thimphu residents but problem is especially bad for Norzin Lam. The problem lies in the inadequacy of the carrying capacity of the drainage system. In order to combat this problem, the Thromde has been carrying out drainage diversion works for the last two …

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Their Majesties arrive in Thimphu

23 December, 2016: His Majesty at one of the desilting chambers of the 720 MW Mangdechu Hydroelectric Project in Trongsa.

On the way back to Thimphu, the business community, and the Dzongkhag officials of Trongsa gathered at the town centre to offer farewell tshogchang to His Majesty The King and Her Majesty The Gyaltsuen this morning. Before meeting the people in Trongsa town, His Majesty visited the site where the …

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