Tenzing Lamsang

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 …

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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 …

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PHPA to get a new JMD

The Punatsangchu Hydroelectric Project Authority (PHPA) that looks after the 1,200 MW Punatsangchu I and 1,020 MW Punatsangchu II will get a new Joint Managing Director (JMD). The term of the current JMD Dasho Phuntsho Norbu came to an end in April 2016 according to the cabinet. The JMD had …

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