The medication drug being prescribed to treat diabetes, ‘Pioglitazone’ tablet, which is included under the national essential drugs list, is found to increase the risk of bladder cancer in patients who are exposed to the drug. This is what the Drug Regulatory Authority (DRA) through a letter on the regulatory …
Read More »Poll day for Nanong-Shumar
Voters of Nanong-Shumar constituency under Pemagatshel will once again go to the polls today to elect their national assembly (NA) representative. Polls at the 17 polling stations across the three gewogs of Nanong, Zobel and Shumar will begin from 9 am and results shall be counted on the same day …
Read More »Government’s ever increasing consumption of limited resources
The Nu 213bn 11th plan is not only the largest plan for Bhutan, but it also reflects a trend of growing consumption of national resources by the government itself. To illustrate this, of the Nu 213bn 11th plan around Nu 121bn or 57 percent is for current expenditure like salaries, …
Read More »Fewer postal ballot voters for Nanong-Shumar
There is a possibility that the Pemagatshel Nanong-Shumar bye-election slated for early next month could elicit a low voter turnout. Despite having 8,247 total registered voters, only 368 which accounts to about 4.5% have applied for postal ballots. The Election Commission’s (ECB) Returning Officer, Sonam Bumthap said that out of …
Read More »Lifting barriers to avail loans
Any employee is now eligible for consumer loans from the bank without fulfilling the earlier requirement of three years in service Incorporating feedback from clients, the nation’s oldest and largest bank, Bank of Bhutan Limited (BOBL) has come up with a much softer eligibility criterion for those applying for …
Read More »Govt borrows Nu. 2.7 bn from a credit scarce market
In what may not be music to the years of the credit starved private sector, the government has earlier in this month borrowed around Nu 2.7bn from the banks. Of the total amount, Nu 1.7bn was borrowed through Treasury Bills and more than Nu 1 bn was borrowed from the …
Read More »Why Bhutan can’t ignore the USA’s debt ceiling troubles
When the 2008 Financial crisis crossed American shores and triggered a Global recession not seen since the Great Depression of 1929 the initial reaction in Bhutan was that it would not impact us. However, subsequently the crisis did affect us and to this day the depth and long lasting impact …
Read More »Evolution and stagnation of the Bhutanese media
One of the chapters in Gyambo Sithey’s latest book, “Democracy in Bhutan- the First Five Years,” provides an analysis of the transition of media in Bhutan over the past years. It includes how the media scenario in the country progressed, the impact it had on democratic Bhutan, how the private …
Read More »Cabinet does away with taxes on small rural businesses
The move, however, will take effect only when the Tax Bill is approved by the Parliament The Cabinet, in line with the 100-days pledges, has decided to do away with taxes for small rural businesses. However, before this can be implemented on the ground, the Ministry of Finance will have …
Read More »Government clears road to formation of a Pay Commission
But a Pay Commission is not as simple and easy as recent history shows The Cabinet is in the final stages of forming the Pay Commission with the Ministry of Finance recently nominating the names of members of the much awaited Pay Commission. The Cabinet, in keeping with the Constitution, …
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