Developer

The two threats to banks

The two biggest loan portfolios in the banking sector are Housing loans followed by Service and Tourism Loans and they in the financial year 2021 to 2022 made up around 52 percent of the total loans. The tourism loans which consists mainly of loans to hotels is already impacted due …

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Judicial Support

In the last few years the nation has been outraged by one horrible crime after another, especially against children. At the same time there was growing awareness of rampant sexual harassment in our educational institutions, offices and other places as cases came out. However, the reality for the longest time …

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An uninformed Indian Press

Bhutan is no stranger to having literal fake news floating about it over the years and it must be said that the majority of them are from Indian media outlets either just across the border or in New Delhi. The latest one and perhaps the most damaging one till date …

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Tax the Rich to Save the Planet

STOCKHOLM – The Intergovernmental Panel on Climate Change (IPCC) has issued a final warning to humanity: unless we halve greenhouse-gas (GHG) emissions by 2030, we will have no chance of capping global temperatures at 1.5° Celsius above pre-industrial levels. Achieving that target will be extremely challenging, but it is both possible and …

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Honorable Lyonpo

This week a senior journalist with this paper went to interview the Foreign Minister Dasho Dr Tandi Dorji on an issue that pertains to his ministry. The minister who said he was busy agreed to give five minutes to the journalist, but did not have any concrete answers to the …

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Who Gets Squeezed by Austerity?

WASHINGTON, DC – When Edmundo, a waste picker in Peru, caught COVID-19, he had to take out a bank loan to pay for his visit to the clinic. Many of his colleagues also fell ill and subsequently went into debt, desperately seeking loans, emptying their savings, and selling their land …

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