BUSINESS

The monsoon season was delayed this time by a week but with the onset of monsoon, it brought in a lot of damages and even took lives of two people. One of the majorly affected area as such was Dorokha.  The continuous heavy rainfall which led to flood and landslides …

The Prime Minister, Dr Lotay Tshering, presented the State of the Nation Report to the Parliament on 26 June. As for the state of the country’s economy contained in the report, PM said that the country’s public debt has reached Nu 210 billion (bn) out of which Nu 154 bn …

In reference to the recent discussion on the removal of class X cut-off point in the National Council (NC), it was learnt that members of NC were not satisfied with the response of government on the removal of class X cut-off point, and NC even questioned the process of the …

His Majesty The King and Her Majesty The Gyaltsuen offered prayers at the Tashichhodzong on Duechen Nga Zom on 17 June, 2019. Namgay Tongchoe prayers are being held at the Kuenrey of Tashichhodzong, presided over by His Holiness the Je Khenpo. Duechen Nga Zom, or Lord Buddha’s Parinirvana, falls on …

Shortly, after the airport shuttle bus service was introduced, Paro taxi Tshogpa, Dorji Wangdi, 48 said that he started receiving complaints from the Airport Taxi service drivers that they must inform the concerned authorities that their business is at stake. He also added that ‘’The introduction of such service will …

Thimphu police apprehended 175 people including 9 women for abusing and illicit trafficking of controlled substances. Of the total arrest 139 people were arrested for abusing while the rest, 36 people were arrested for illicit trafficking. The arrests were made within the timespan of three months, March to May, this …

During the Friday Question-Hour session, Athang Thedtsho MP, Kinley Wangchuk, put up a question on the high interest rates collected by the banks in Bhutan. ‘’Surprisingly, unlike any other businesses, banks in Bhutan endure no risk of failing. The reason is that they are well fortified by high interest rates …

Economic and Finance Committee of the National Assembly constituting of 13 members headed by Athang Thedtsho MP, Kinley Wangchuk, presented 18 recommendations on the National Budget after observations on 12 June. The committee reviewed the budget reports in keeping with the Constitution of the Kingdom of Bhutan, Public Finance Act, …

Trashigang is in need of improved farm roads, better water supply, and protection from wildlife. Rural-urban migration and gungtong and insufficient budget for local development are some of the other issues in the dzongkhag. Udzorong Udzorong Mangmi Pema Yangden said solving the water shortage issue a must.  The water supply …

Khamed-Lunana MP Yeshey Dem questioned the Labor Minister Lyonpo Ugyen Dorji about issues, plans and strategies to address the youth unemployment issue. She said that according to the Labour force survey report, released on May 25 by the National Statistics Bureau, the national youth unemployment rate stands at 15.7%   which …