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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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Their Majesties arrive in Thimphu

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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Chillies being sold at higher prices then fixed rates

After Bhutan saw chemical free chilies being airlifted from the India to solve the rising demand and the high domestic prices, The Food Corporation of Bhutan Limited (FCBL) has now started importing more chillies from Kolkata which are fit for consumption. The chillies are being transported in trucks from Kolkata, …

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His Majesty grants Land Kidu in Thimphu

Coinciding with the auspicious Anniversary of the 10th year of His Majesty’s Reign, His Majesty The King granted land kidu to 2,703 beneficiaries from 8 gewogs under Thimphu Dzongkhag at the Simtokha Dzong on 9th December 2016. The recipients, residing in the rural parts of Thimphu, received a total of …

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Annual Kidu Mobile Medical Unit in Bodhgaya

Upon the Royal Command of His Majesty The King, His Majesty’s Kidu Mobile Medical Unit will set up a medical camp to treat Bhutanese pilgrims in Bodhgaya. The medical camp will be operational during the peak months when Bhutanese travel to Bodhgaya, and will be set up annually henceforth, so …

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109th National Day in Trongsa

His Majesty The King will celebrate the 109th National Day in Trongsa. The historic town of Trongsa is aglitter with anticipation for the celebration, which will be the most important event to take place in Trongsa since His Majesty’s investiture ceremony as Trongsa Penlop 12 years ago. Streets are spotless …

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The Realities of some Guide training institutes

Today there are 3,375 registered tour guides in the country who are trained from different guide training institutes. As of now there are nine such training institutes with courses accredited by the Department of Occupational Standards (DoS). However, there is now increasing questions on the quality of some of these …

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PM on three day State visit to Singapore

Lyonchhen was on a three-day visit to Singapore from 27th to 29th November 2016. During the visit, Hon’ble Lyonchhen called on Mr. J.Y. Pillay, Acting President of Singapore, and met H.E. Mr. Lee Hsien Loong, Prime Minister of Singapore. Lyonchhen was received at The Istana, the official residence of the …

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