The Royal Monetary Authority (RMA) must be commended in fulfilling an important economic and social objective of lowering loan interest rates. The government on its part apart from raising the issue early on also worked with the RMA to achieve this objective. What has become clear from the lowering of …
Read More »Monthly Archives: September 2016
All Banks slash loan interest rates
Private sector welcomes the cuts Following the Bank of Bhutan’s (BoB) move to slash its loan interest rates earlier this month, all other banks like Bhutan National Bank (BNB), Tashi Bank (T-Bank), Bhutan Development Bank (BDB) including the National Pension and Provident Fund (NPPF) have also cut interest rates …
Read More »DPT alleges and North Thimphu candidate clarifies
On 9th September, when DPT introduced Chencho Nidup as its new North Thimphu candidate to its party members and the media, requests for interviews or questions from the press were strangely declined. This was because behind the scenes Chencho Nidup’s appearance at the event almost did not happen as the …
Read More »The North Thimphu wind
It is never a good idea to dismiss a political party or for that matter a politician given how unpredictable politics is. However, recent events indicate deeper problems for the Druk Phuensum Tshogpa (DPT) party, which is also the Opposition party. The withdrawal of the new North Thimphu candidate who …
Read More »Waste meat dumped everywhere in Thimphu’s Vegetable market area
The rampant disposal of waste into surrounding drains by meat, fish and poultry shops in Thimphu’s vegetable market area is creating an awful smell and health hazard say residents of the locality. “Some meat vendors dump their waste meat alongside the road and also into the drains and scavenging strays …
Read More »Shakespeare back in Bhutan
William Shakespeare’s Play is going to get reintroduced in the school curriculum for 11th and 12th standard from 2017. As part of the launch students from schools in Thimphu staged The Merchant of Venice. To celebrate the event Lyonchhen Tshering Tobgay also delivered a Shylock’s Monologue.
Read More »Beware of Internet Hoaxes
Over the past few years, the internet has been flooded with various hoaxes that can be easily construed as true by gullible readers. In the modern era of information overload, it is increasingly becoming difficult for us to sort out fake information from the hoaxes. Most of the internet hoaxes …
Read More »Himalayan black bear caught in an apple orchard trap
Forest officials and Wildlife Rescue and Animal Health Section under the Wildlife Conservation Division have rescued a Himalayan bear found trapped in a snare set near an apple orchard in Wang Simo under Thimphu Dzonghag. The animal which was believed to have attempted to enter into the apple orchard was …
Read More »12 % women LG candidates in Dagana seen as improvement
Of the 232 candidates contesting in the second local government elections in Dagana’s 14 gewogs, 28 are women according to records with the district election office. The candidates will be contesting for the office of Gup, Mangmi, Tshogpa and Thromde Thumi Ngotshap in local government, the elections for which is …
Read More »North –Thimphu voters frustrated over MP Kinga Tshering’s resignation
The voters of North-Thimphu constituency are angrier than ever at politicians, and at laws that tolerate the resignation of elected party candidates before completing their terms. Resignation of a prominent Member of Parliament (MP) from Druk Phunsuem Tshogpa (DPT), Kinga Tshering, of North-Thimphu constituency, has left the people frustrated. They …
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The Bhutanese Leading the way.