The Purjang of late Yab Dasho Ugyen Dorji, was held on the 3rd of October, corresponding to the 5th day of the Eighth Bhutanese month, at Wolakha, in Punakha. The Purjang was attended by His Majesty The King, His Majesty the Fourth Druk Gyalpo, and the entire Royal Family. Representatives …
Read More »Thousand plus youths involved in an alleged pyramid scheme business
Although public notifications have been sent by the Office of the Consumer Protection (OCP) a few months ago cautioning the people to refrain from taking part in pyramid like schmes, , however, thousands of youth who have graduated from colleges are signed up in the an alleged pyramid scheme business …
Read More »Nu 682,000 bill for barely using BT’s roaming service in India for 10 days
Sujay Giri, a civil engineer and a consultant of Idea Engineering, visited Vellore, India for a medical checkup in January 2015 and stayed there for about 10 days. He used his Samsung Note 4 phone with 4G facility during that time, and upon reaching Vellore, his phone connected to Aircel …
Read More »Bhutan Telecom to give complete information of its services to avoid bill shocks
Bhutan Telecom (BT) said that the charges for its international roaming facility in India will keep on changing as it directly depends on total cost charged by its three main partner operators in India. According to BT, it only charges some additional surge cost, which is 10 percent of the …
Read More »24 out of 2,050 overseas employees sent back by Middle-East host countries in 5 years on medical grounds
In a span of five years (2014 to 2019), 24 candidates who went overseas for employment were sent back by the host countries on medical ground. Of the 24, maximum candidates were sent back with an impression of scar in their lungs, while the rest with hepatitis, blood infection and …
Read More »Nu 60,020 tobacco fines collected in seven hours in Thimphu
Within a six-hour time frame, the Entertainment Licensing Committee (ELC) comprising of BNCA, RBP, Trade, Custom, Thromde and Care Bhutan collected a fine of Nu 60,020 during an inspection carried out on 7 September. Two teams, one at Olakha while the other deployed in main town area, began their inspections …
Read More »Shortage of morphine and controlled drugs in JDWNRH
Morphine drugs used mainly to relieve pain for cancer and terminal patients A shortage of controlled drugs including morphine, which is used on cancer patients to relieve pain, has raised concerns among the health officials at the Jigme Dorji Wangchuck National Referral Hospital (JDWNRH). The controlled drugs are Morphine, Pethidine, …
Read More »RMA says high exposure of loan towards housing and tourism sector but most FIs want to keep lending
Although Financial Sector Performance Report of March 2019 complied by Royal Monetary Authority (RMA) from different financial sectors reveals high exposure of loans towards Housing and the Service and Tourism Sectors, financial institutions argued that though they are concerned by this, each institution have varying strategies and risk assessment program …
Read More »After Modi’s nod Bhutan can get additional interest free INR 7 bn swap for six months
The Royal Monetary Authority (RMA) is delighted with the Indian Prime Minister Narendra Modi approving an additional USD 100 mn under the Standby Swap Arrangement. Bhutan already had a USD 100 mn under the SAARC Currency Swap Framework agreement since 2013 which essentially meant that Bhutan in return for an …
Read More »Govt to still exclude 4 Thromdes even after GOI agrees to additional 300 MT subsidized LPG
But 5,000 to 6000 poor households in four Thromdes to get LPG One of the important announcements during Prime Minister Narendra Modi’s visit was the enhancement of of subsidized LPG to Bhutan from the present 700 MT to 1000 MT per month to enable Bhutan to meet the increasing domestic …
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The Bhutanese Leading the way.