Yearly Archives: 2013

Government and governance in the post 2013 era

Steer into any major conversation these days-and the topic will inevitably gear around to the how the new government is doing. There are those who feel that the government, like its predecessor, should be given time to settle while there are also those who feel differently, and are starting to …

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Poll day for Nanong-Shumar

Voters of Nanong-Shumar constituency under Pemagatshel will once again go to the polls today to elect their national assembly (NA) representative. Polls at the 17 polling stations across the three gewogs of Nanong, Zobel and Shumar will begin from 9 am and results shall be counted on the same day …

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Fewer postal ballot voters for Nanong-Shumar

There is a possibility that the Pemagatshel Nanong-Shumar bye-election slated for early next month could elicit a low voter turnout. Despite having 8,247 total registered voters, only 368 which accounts to about 4.5% have applied for postal ballots. The Election Commission’s (ECB) Returning Officer, Sonam Bumthap said that out of …

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Lifting barriers to avail loans

Any employee is now eligible for consumer loans from the bank without fulfilling the earlier requirement of three years in service   Incorporating feedback from clients, the nation’s oldest and largest bank, Bank of Bhutan Limited (BOBL) has come up with a much softer eligibility criterion for those applying for …

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BoBL records decreased level of defaulters

While other local banks grapple with rising NPLs Among other sectors, the commercial banks in the country are one of the worst hit by the delay in the government’s budget approval. However, the country’s biggest bank, Bank of Bhutan Limited (BoBL) has seen a decrease in its bad loans or …

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Keeping the national game alive in the US

To cherish the game of archery, the national game of the country and enjoying leisure hours at the same time, Bhutanese enthusiasts of the sport living in the USA make it a point to organize or participate in tournaments, especially over weekends. This time around, eight teams comprised of Bhutanese …

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Subsidy budget for Thimphu Thromde approved

The maximum budget was allocated for road resurfacing work The government has approved a total subsidy budget of Nu. 152.881mn to Thimphu Thromde on top of its internal revenue for the fiscal year (FY) 2013-14. It includes a recurrent subsidy of Nu. 41.531mn and capital subsidy of Nu. 111.350mn. This, …

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