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Bhutan is still in a financial dilemma

I n spite of generating huge tariff from the hydro power plants as well as receiving handsome grants from the neighboring countries, the country is still suffocating in managing its financial accounts. It’s all happening due to the failure of managing the capital accounts together with current accounts for the …

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The pressing need for home loans

One of the biggest casualties of the rupee and credit crisis was the crushing of many ordinary Bhutanese families’ dreams and plans to own their own home. While the Central Bank’s decision to curb loans for big commercial buildings meant to be given on rent was understandable, the decision to …

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Convicted for smuggling and bribery

The Chhukha Dzongkhag Court sentenced the two people caught with tobacco products on the early morning of December 25, last year, at Tanalum check point with prison terms ranging from three to four years. Thinley, 39, accompanied by Norbu Wangmo, 32, had tried to bribe a police constable at the …

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The threat of vector-borne diseases in Bhutan

In order to control vector-borne diseases in the country, the Ministry of Health (MoH) will observe the World Health Day in Phuentsholing with the theme of vector-borne diseases on April 7. A clean up campaign will also be held on the day. The Chief Program Officer (CPO), Rinzin Namgay, of …

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His Majesty in the South

His Majesty The King, accompanied by Her Majesty The Gyaltsuen, graced the site of the Shivalaya Mandir in Samtse on 31 March 2014. The Shivalaya Mandir is being rebuilt upon the Command of His Majesty The King as a gift from His Majesty to the people of Samtse to commemorate …

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The Tech Park issue

For a country already reeling from the ongoing Rupee and Credit crisis, the announcement that APG the 70 percent owner of the Tech Park is withdrawing, brings to light several issues. The first is the fact that among other reasons, one of APG’s main reasons to withdraw is the inability …

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His Majesty at RIGSS

His Majesty The King, accompanied by Her Majesty The Gyaltsuen, graced the Friday Forum at the Royal Institute of Governance and Strategic Studies. Former Foreign Secretary of India, Ambassador Shyam Saran, who the guest speaker at the forum, spoke on ‹Climate Change: Why Should Bhutan Worry?›. RIGSS is currently conducting …

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