‘Banks never lose,’ is a widely quoted saying in the financial and business world, but the going does not look good for Bhutan’s Financial Institutions as they are getting a deluge of savings deposits but are unable to lend out that money due to lack of demand for credit in …

The Prime Minister’s Office on 30th June 2021 announced a loan deferral till June 2022 for all loans sanctioned as of June 30, 2020. The popular assumption was that this means a blanket loan deferral for all loans until June 2022. However, a new section was included in the phase …

In consultation with the Zhung Dratshang, the government has decided to roll out the second nationwide campaign on the auspicious date of July 20 In what will be a major boost to Bhutan’s vaccination drive the USA sent 500,000 Moderna doses to Bhutan on Monday. Apart from this 1.5 million …

As per His Majesty The King’s command, the southern belt of the country will have a 1,200- bedded dedicated quarantine centers. A 400-bedded strength center is to be built in Phuentsholing, two 200 bedded centers in Samtse coming to 400, and 200-bedded each in Gelephu and Samdrup Jongkhar. The Prime …

 His Royal Highness Prince Jigyel Ugyen Wangchuck, the President of the Bhutan Olympic Committee and member of the International Olympic Committee, granted an audience to the athletes, coaches and officials representing Bhutan at the Tokyo Olympic and Paralympic Games, on 8th July. “This is a historic sporting moment for Bhutan, …

The Opposition party in a release said it is disheartening and discouraging that farmers are not able to sell their vegetables this production season. They said that media reports and inquiry with farmers, especially those from the Southern, Central and Western regions, have made it clear that tons of vegetables …

(Left) Babu Ram Sherpa, who was serving as Specialist at the Department of Adult and Higher Education of the Education Ministry, is the new Tashi Yangtse Dzongda and (Right) Karma Thinley, Director at the Anti Corruption Commission, is the new Paro Dzongda His Majesty The King granted Dhar to appoint …

Cutting short speculation on who will be the next Home Minister the Prime Minister Dasho (Dr) Lotay Tshering said that there has been no discussion and decision on that yet. There had been some speculation that the DNT’s candidate in Nanglam Karma Dorji will be a ministerial candidate but the …

Member of Parliament (MP) of Tashichhoeling Dil Maya Rai requested Ministry of Health and all other representatives of different agencies in the COVID-19 Task Force teams in all levels to harmonize the COVID-19 protocol and make it as user-friendly as possible with the least bureaucratic hurdles for travelers, businesses and …

The Public Accounts Committee report shared that many people from east and south have to travel to Thimphu to appeal to the high court, therefore it causes additional expenses and some are not even able to appeal to the high court due to the distance after the verdict is passed …