In the Nu 15 billion (bn) Economic Stimulus Fund the main question is on what areas will be used in terms of its break up and how can people access it. The full 15 bn is expected to come in 1 year and a half with 2.5 bn already here. …
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On 3rd March 2023 Gyem Gyeltshen from Lunana lost his wife and daughter to a helicopter crash and despite an insurance policy of USD 200,000 each being there for each death, the international reinsurance companies have only offered USD 10,000 each. They cited local laws like the Road Transport Safety …
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Family wants justice Sumitra was pulled below the road at this place 13-year-old Sumitra Chhetri, a class 6 student in Dechencholing Higher Secondary School staying in Pamtsho, headed out of her home in the morning of 23 May 2024 at 8.30 am with the aim of going with her class …
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A 21st May 2024 press release by the National Assembly (NA) said that one of the motions expected during the upcoming NA session is ‘Inconsistency between the practice and the intent of the Pay Structure Reform Act 2022.’ Hidden behind the innocuous title is growing resentment among new NA MPs …
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Remittance in 2024 reaches USD 41.57 mn due to Feb incentive Bhutan saws its highest every remittance in 2023 with a record USD 125.04 mn worth of remittance. However, this huge increase was mainly on the account of the 10% incentive scheme offered from 14th June 2023 to December 2023, …
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The nation has largely been celebrating Lieutenant Jigme Pelden Dorji as the first Bhutanese to summit the Mount Everest on 20th May 2024. In the meantime, there are those online who ask about Karma Gyeltshen and his claims of having summited Mount Everest on 21st May 2005. There are some …
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In early June 2018, the Royal Bhutan Police (RBP) arrested a Dzongkhag Kidu Officer named Chencho Gyeltshen after a Drayang Owner filed a complaint of alleged rape against him for allegedly raping a Drayang worker, who was later found to be 17-years-old. At the time, the initial police investigation and …
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On the behest of the Anti-Corruption Commission (ACC), the Royal Bhutan Police (RBP) has sent a request to the International Criminal Police Organization (Interpol) to put up a Red Notice alert in Australia against a former Procurement Officer, Sonam Dorji, of the erstwhile Ministry of Information and Communication (MoIC). The …
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The Royal Monetary Authority (RMA) has placed the T Bank under a rehabilitation program that includes a loan moratorium from 3rd May for breaching the minimum Capital Adequacy Ratio (CAR) of 12.50%. On December 2023 T-Bank’s CAR was found to be 12.21%. The RMA has also said that T Bank …
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On 3rd March 2023 42-year-old Gyem Gyelsthen lost his 38-year-old wife Dresang Dema and his four-year-old daughter Nima Peday in a helicopter crash due to pilot error. While the insurance documents for Druk Air’s helicopter clearly outlined a USD 200,000 insurance per person the international reinsurance companies through a Singaporean …
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The Bhutanese Leading the way.
