More than half the applicants are from tourism sectors but rest are from other impacted sectors Most applicants have their census in Trashigang, Samtse, Sarpang and Mongar The Druk Gyalpo Relief Kidu which saw its first disbursement of Nu 150 mn to 13,006 people on Thursday could well be extended …
Read More »Bhutanese stuck in Kolkata due to lack of airfare money
25-year-old Sonia Tamang, who is a resident of Motithang in Thimphu and currently working in a call center in Kolkata does not have enough funds for her airfare back to Bhutan as her company has not paid her salary for around a month and a half and it is currently …
Read More »Almost 5 bn in market cap wiped off Bhutan’s stock markets since 5th March 2020
One fall-out of the COVID-19 has been on Bhutan’s stock market which has seen a record market capitalization or cap of Nu 4.8 bn in value being wiped out since March 5 to April 30, 2020. The market cap or the total value of all the stocks on the stock …
Read More »Lyonchhen says okay for people to keep five to six months of food stocks at home
The advice so far has been to not hoard but that changed during the monthly meet-the-press when Lyonchhen Dr Lotay Tshering said said if every person keeps around five to six months of food stock at home then there should not be a problem even if there is a lockdown …
Read More »Coronavirus impacts all ongoing hydro projects
Two of the biggest economic projects under construction in Bhutan are the 1200 MW Punatsangchu I project at Nu 93.75 bn and the 1020 MW Punatsangchu II project at Nu 72.90 bn and both of them are impacted by both the outbreak of COVID-19 in Bhutan from 6th March and …
Read More »‘I don’t see a national lockdown happening’: PM
One main question and worry at the top of many Bhutanese minds will be on if and when there would be a national lockdown, like neighboring India or other countries across the world. However, Lyonchhen Dr Lotay Tshering said that this scenario is highly unlikely even if there is local …
Read More »Druk Gyalpo’s Relief Kidu gets off to a roaring start
2000 plus applications on day 1 itself Most people calling are from the tourism industry The Druk Gyalpo’s Relief Kidu was launched on 14th April Tuesday morning around 10.30 am by the Prime Minister Dr Lotay Tshering. Immediately after the launch, the RMA Governor Dasho Penjo informed the gathering that …
Read More »Bulk of interest waiver benefit to go to medium and small accounts
Banks to get relief through CRR and T-Bills The CEOs of the two biggest banks in Bhutan, Bank of Bhutan (BoB) and Bhutan National Bank (BNB) both said that sheer majority of the interest waiver will go to medium and small borrowers. His Majesty had announced the waiver of three …
Read More »Govt service delivery slows down post COVID-19
Working from home and social distancing should not affect service delivery: RCSC Chairperson One impact of the COVID-19 situation in Bhutan is a noticeable slowing down of service delivery from the civil service. This drop was noticeable from after the first case of COVID-19 in Bhutan, but it has become …
Read More »Face masks mandatory if we go into red zone: Health Minister
The Health Minister Lyonpo Dechen Wangmo said that it will be mandatory for Bhutanese to wear masks if Bhutan goes into the red zone. In an interview to The Bhutanese she said, “A lot of the countries around the world recommending face masks is due to the presence of community …
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