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 …
Read More »Yearly Archives: 2013
BCCI appeals to govt to reconsider tariff rates saying it will hit consumers and lead to closure of industries
The Ministry of Economic Affairs has formed a task force to study BCCI’s proposal Many residents in Thimphu and other urban areas can be found grumbling and scratching their heads due to a significant jump in their latest electricity bills, as the higher tariff rates approved by the government became …
Read More »Pioglitazone tablet found risky for diabetic patients abroad while MoH claims it’s safe in Bhutan
The medication drug being prescribed to treat diabetes, ‘Pioglitazone’ tablet, which is included under the national essential drugs list, is found to increase the risk of bladder cancer in patients who are exposed to the drug. This is what the Drug Regulatory Authority (DRA) through a letter on the regulatory …
Read More »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 …
Read More »Government’s ever increasing consumption of limited resources
The Nu 213bn 11th plan is not only the largest plan for Bhutan, but it also reflects a trend of growing consumption of national resources by the government itself. To illustrate this, of the Nu 213bn 11th plan around Nu 121bn or 57 percent is for current expenditure like salaries, …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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The Bhutanese Leading the way.