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 …
Read More »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 …
Read More »NEC study shows deteriorating air quality in Bhutan
Bhutan’s air quality may not be as pristine as you would think according to a study by the National Environment Commission (NEC). Data with the NEC shows that the air quality in Bhutan is getting worse by the year across the country and more so in urban areas like Thimphu. …
Read More »Case of minor being raped by an acquaintance in court
The 17-year-old minor who was raped by a 23-year-old man in the evening of March 11 at around 9 pm in Haa has reached the Haa Dzongkhag Court on April 3 after the completion of investigation by the police. The suspect was slapped with the offence of raping a child …
Read More »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 …
Read More »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 …
Read More »‘RMA should stick to its business’: PM on electric car
The electric car issue came up in the eighth press meet in light of the Royal Monetary Authority’s recent statement that banks should not provide loans for electric vehicles. The question to the government was on how they were going to promote the electric vehicle in Bhutan when the Central …
Read More »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 …
Read More »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 …
Read More »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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The Bhutanese Leading the way.