BUSINESS

On the suspended education loans by the financial institutions (FIs), the Prime Minister said that the government has not stopped the loans and are equally worried about the issues.  He asked that whether those in the National Assembly asking the questions on the education loan has read the RMA Act …

After the Australian visa rejection cases for diploma and degree courses a few months ago, and with the freezing of education loans in the country, the majority of the youth are now opting to go to countries in the Middle-East, as their second choice to work abroad. Renu Ghallay from …

Tenzing Lamsang/ Thimphu The Indian Power Secretary Alok Kumar is in Bhutan for a 3-day visit from 29 October to 1 November to discuss the way forward for the 1,200 MW Punatsangchu-1 project and the 600 MW Kholongchu project. The 10,000 MW by 2020 and the future of the hydropower …

Pema Choki/ Thimphu The Bhutanese economy is heavily dependent on imports but there is a group of entrepreneurs trying to reduce imports by selling local products at cheaper prices. “We cannot urge the government to ban imports because we cannot produce the needed products in large quantities. Take for example, …

The Department of Road (DoR) under Ministry of Works and Human Settlement has started reflecting the name of the contractors on the plaque/ board after the completion of major construction projects. It has started with the completion of the bridge at Dhamdum in Samtse where the name of the Rigsar …

A 28-year-old Gawa Zangpo holds the title of the first ever Snowman Race winne; the world’s most challenging five-day ultra-marathon covering 203 km from Gasa to Bumthang. He competed against 17 competitors, including 12 international athletes. Gawa said, “I was attracted towards the race, firstly because of my interest, and …

The Royal Monetary Authority (RMA) in a recent notification to all Financial Institutions (FI) has laid down strict new guidelines for Non Performing Loans (NPL). An NPL is a loan which has not been paid for 90 days or more. As per the RMA order if anybody enters NPL then …

Since the re-opening of the border in the south on 23 September, around 10,000 to 13,000 people are entering and exiting the country via the Pedestrian Terminal in Phuentsholing everyday. As of 28 September, about 22,293 people have entered and exited the country. The figure is from all the gates …

On the first day of the official opening of tourism, the country welcomed 119 tourists. Until yesterday, the country has received a total of 737 tourists. As per Tourism Council of Bhutan (TCB), a total of 183 tourists who arrived in the country are paying the full USD 200 Sustainable …

Every year the cases of rape of minors are on the rise and the unfortunate incidents happen mostly after school while children return home alone. Parents feel that bus facilities in the school would help curb such incidents and they feel that it is the parents’ responsibility to bring back …