The Royal Monetary Authority (RMA) must be commended in fulfilling an important economic and social objective of lowering loan interest rates. The government on its part apart from raising the issue early on also worked with the RMA to achieve this objective. What has become clear from the lowering of …

It is never a good idea to dismiss a political party or for that matter a politician given how unpredictable politics is. However, recent events indicate deeper problems for the Druk Phuensum Tshogpa (DPT) party, which is also the Opposition party. The withdrawal of the new North Thimphu candidate who …

Over the past few years, the internet has been flooded with various hoaxes that can be easily construed as true by gullible readers. In the modern era of information overload, it is increasingly becoming difficult for us to sort out  fake information from the hoaxes. Most of the internet hoaxes …

Applying and renewing licenses for business can now be done online, which means no need to go the trade office and stand in a queue to get paperwork done. The G2C office under the Prime Minister’s Office launched a total of 34 online Government to Business Services (G2B) on September …

The Prime Minister’s statement that India has agreed to the trilateral cooperation on the 1024 MW Dorjilung project between Bhutan and Bangladesh is very welcome news for several reasons. India’s consent to the project was critical as the power infrastructure for transmission lines have to be built and sent through …

The rapid growth of tourism has increased economic, environmental and social effects. Recently the attention has concentrated on the economic impacts and not on the environmental and social consequences of tourism. Tourism, both international and domestic, brings consequences and has an impact on tourist destinations. Economic Impact One of the …

Tenzing Lamsang/ Thimphu The People’s Democratic Party (PDP)’s candidate for the vacant North Thimphu constituency is 33 year old former 2013 National Council candidate Tshering. Prior to that he worked for three years with BBS and currently before his selection he was managing his sister’s construction company. In what is …

Damchoe Pem/ Thimphu DPT has identified Chencho Nidup, 30, as their candidate for North Thimphu. Chencho Nidup graduated from Jodhpur University, Rajasthan, with a BBA in 2014. Since then he has been doing event management in Thimphu. Opposition leader Pema Gyamtsho said there were many who came forward but in …

For months the government and the Royal Monetary Authority (RMA) has been promising a more fair and realistic loan interest rate. The RMA worked on a Minimum Lending Rate policy (MLR) which was a much more scientific and flexible improvement over the rigid and exaggerated old base rate system below …