HEADLINE STORIES

The residents of five upper Mothithang buildings comprising under a 100 residents thought that the worst of their water problems was a saboteur repeatedly pumping kerosene and chilli into their drinking water supply. However, when the Royal Bhutan Police (RBP) recently nabbed the culprit, Sangay Dorji, he not only confessed …

His Majesty The King began a 6-day trek to Lunana from Laya, in Gasa Dzongkhag, on 20 October following the route that is internationally known as the Snowman Trek. In Laya, His Majesty graced the inaugural edition Royal Highland Festival, which was held from 16-18 October.  The festival saw the …

The latest draft of the 12th Five Year plan has the 5 year plan at a whopping Nu 322 bn well above the current Nu 217 bn 11th plan. A major feature of the plan is that unlike the almost equal balance between capital and current expenditure in the current …

A saboteur, on 29th September had pumped diesel into the Thromde drinking water supply of a Mothithang building above the minister’s enclave. A baby residing in the building even had to be rushed to the hospital for checks after the parents, without realising, fed the baby with food made from …

The Election Commission of Bhutan (ECB) has released a set of election dates related to the North-Thimphu bye-election where the 4th of November has been set as poll day. The Election Commission of Bhutan issued its notification after a Royal Decree of His Majesty The Druk Gyalpo was issued on …

The Ministry of Education (MoE) has a proposal to establish Bhutan’s first ‘Premier School’. Like central schools, the premiere school will receive increased funding, and the main objective is to bring about a premier quality of education. The ministry found that the quality of education in science subjects are comparatively …

Most FI’s though will not apply lowered rates on defaulters    With all banks slashing loan interest rates on a variety of products like housing, transport, personal, service, education, manufacturing, agriculture etc, the main question that has emerged is on what will happen to the existing clients and existing loans. …

At 3 pm on Thursday 64 year old Tshering Wangmo went to the kitchen and turned on her tap, but to her shock instead of water she got ‘diesel water’ and frothy bubble coming through the pipe. Soon her kitchen was covered in the fumes from the fuel. Still not …

After getting the banks to reduce loan interest rates the Royal Monetary Authority (RMA) and the government now want to encourage people to save through more attractive deposit rates and also tax free fixed deposits. While the RMA is already working towards a monetary policy of encouraging banks to come …

Private sector welcomes the cuts   Following the Bank of Bhutan’s (BoB) move to slash its loan interest rates  earlier this month, all other banks like Bhutan National Bank (BNB), Tashi Bank (T-Bank), Bhutan Development Bank (BDB) including the National Pension and Provident Fund (NPPF) have also cut interest rates …