The saying often goes that adversity reveals a lot, and in the last one week Bhutan went through a lot. The heavier than normal monsoons flooded our southern plains, blocked almost every major highway cutting access to even major centers like Thimphu and generally left us in a vulnerable state. …
Read More »Response to “RMA & Govt bank on base rate for loan interest reduction but FIAB head says not much possible”
Banks need to see the interest rates of other countries nearby whereby their interest rates are lower compared to our country. The government is taking a rightful decision and we the people fully support this. Dawa Zangpo Whoever disagrees, simply chuck them out and replace them with someone more …
Read More »Monsoon havoc
One of the biggest risks of staying in Bhutan is travelling on its roads in the Monsoon season. Many lives have been lost on our national highways over the years, and it has occasionally also exacted an economic price through blockages of essential supplies like fuel and food. Even the …
Read More »A loud and clear message behind appointments
Unknown to many, there was hectic lobbying behind the scenes by various individuals both inside and outside the government including even PDP candidates, who lost in 2013, for the post of ambassadors. However, to the surprise of many and the disappointment of a few, the final list consisted exclusively of …
Read More »Rupee Management
In the middle of the rupee crisis in 2012, a report by BCCI raised a pertinent point of where would the rupee come from if the bulk of the convertible currency grants and soft loans for developmental works was retained as convertible currency by RMA. On hindsight the then rupee …
Read More »RMA & Govt bank on base rate for loan interest reduction but FIAB head says not much possible
If banks refuse to play ball the govt has a plan ‘B’ that the banks won’t like The Royal Monetary Authority (RMA) will be meeting with the Financial Institutions Association of Bhutan (FIAB) on 13th July and the main agenda will be on discussing ways to reduce loan interest rates. …
Read More »His Majesty’s Address in Parliament
I am pleased to be here today to address the closing ceremony of the 7th Session of the Second Parliament. As we carry out the immensely important duties related to nation building, the members of the National Assembly and the National Council, who together constitute the 72 Members of Parliament …
Read More »President of Bangladesh arrives in country
Upon the invitation of His Majesty the King, Mr. Abdul Hamid, President of the People’s Republic of Bangladesh has arrived in the country yesterday and is on four days state visit to Bhutan. This is a first visit to Bhutan by the President of the of Bangladesh. During the visit, …
Read More »Thailand Health Minister agrees to help Bhutan with monk patients and traditional medicine
Lyonchhen Tshering Tobgay met with the Thai Health Minister H.E. Clinical Prof Emeritus PiyasakolSakolsatayadorn on friday at Gyalyong Tshogkhang. After exchanging pleasantries, Lyonchhen shared that many Bhutanese preferred to go to Thailand for medical treatment – some funded by government and mostly on their own expenses, and requested the Health …
Read More »Monk dies in vehicle accident
A 37-year-old monk died in a vehicle accident in India, the cause of the accident was ruled to be over speeding. The deceased as travelling in an Indian taxi in Madharihat, Ali Pure which is 70 meters away from Madharihat police station towards Samtse on June 29. The deceased was …
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The Bhutanese Leading the way.