In a democracy, all institutions – whether formal or informal including the Press are accountable to the public, as all of them claim to represent or uphold public interest. The press, unlike political parties, cannot be beholden or susceptible to every whim and fancy of public opinion, but it also …
Read More »Response to ‘Banks want RMA to remove new limits that come with opening housing, vehicle and consumer loans’
As an ordinary citizen i would like to request the RMA to remove the loan cap of Nu 3 mn on residential homes. I would also request RMA to remove the one loan per family in a lifetime condition for such loans. The reason is that these days even the …
Read More »The need for a critical culture
The Royal Monetary Authority (RMA) floated some draft guidelines on opening up of home, car and consumer loans for public feedback on its website recently. This paper not only covered a story highlighting those guidelines, but also praised RMA for seeking public consultation on an important issue. However, when the …
Read More »Lessons from the Great Fourth
As His Majesty the Fourth King Jigme Singye Wang-chuck is one birthday away from a diamond jubilee next year and as the nation is deal¬ing with a host of issues, it would be a good time for the nation’s politicians to learn some vital lessons from Bhu¬tan’s greatest modern leader. …
Read More »Unsafe archery ranges
The latest incident of an eleven year old boy being pierced by a stray arrow at an archery range in Haa, once again highlights an increasing number of innocent bystanders regularly falling victims to such ‘accidents’. Even though the cases being reported in the media are on the rise, the …
Read More »Learning through mistakes
Though economic decisions are never popular in any country, but what can make it palatable is good communication that point out the benefits of such decisions, both in the short term and the long term. The government came up with a controversial Tax Bill in response to the depressed economy, …
Read More »Now get ready to pay 5% more on your mobile, internet and landline bills
While most of the focus has been on taxes being levied on vehicles and fuel most people are still unaware of the impending five percent tax on their telecommunication services imposed by the government’s Tax Bill. Though this is yet to come into effect, telecommunication service providers like Bhutan Telecom …
Read More »Learning through mistakes
Tough economic decisions are never popular in any country, but what can make it palatable is good communication that point out the benefits of such decisions, both in the short term and the long term. The government came up with a controversial Tax Bill in response to the depressed economy, …
Read More »Unsafe archery ranges
The latest incident of an eleven year old boy being pierced by a stray arrow at an archery range in Haa, once again highlights an increasing number of innocent bystanders regularly falling victims to such ‘accidents’. Even though the cases being reported in the media are on the rise, the …
Read More »FIFA World Cup Final, the talk of T-town World Cup 2014
With just a day left for the FIFA World Cup 2014 finals between Germany and Argentina, people on the streets, city buses, taxis, in offices, towns, almost everywhere are simply excited to watch the LIVE match on TV. It is certain that Thimphu town will be noisy past midnight as …
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The Bhutanese Leading the way.