HEADLINE STORIES

The combined assets declared by the DPT president Jigmi Y Thinley and the PDP president Tshering Tobgay amount to around Nu 500 mn. Of this the DPT president and his family (includes wife and children) own assets worth around Nu 493 mn while the PDP president and his family (wife …

The collective assets of the DPT candidates are around Nu 1.720 bn approx and their richest candidate going by sheer value of assets is the DPT President Jigmi Y Thinley at Nu 493 mn. This is mainly on account of landholdings by him and his family members. The collective assets …

The Bhutanese has found that the withdrawal of LPG and Kerosene subsidies might very well be a diplomatic measure taken by the Government of India. This comes to light because of the letter sent from the Indian Oil Corporation (IOC) to the Government of Bhutan that says, “The Ministry of …

This takes up the total dollars sold to USD 400 mn In a highly secretive move the Royal Monetary Authority sold  USD 200 mn around two days ago in exchange for around Rs 12 bn. The sale was made to meet Bhutan’s growing rupee loan commitments both with the RMA …

The former monk says he has been forced to speak out due to misleading representation of his case by DPT leaders in the media A name that has frequently propped up during the election debates and common forums is that of the former monk Sonam Tshering who was the first …

After denials earlier, DPT ex-ministers now admit to owning land near the Education City sites pointed out by this paper The Druk Phuensum Tshogpa (DPT) through a press conference and several press releases are attempting to clarify on the facts of the Education City story done by this paper. After …

PDP President also asks DPT to prove its allegations or face a court case The People’s Democratic Party (PDP) president Tshering Tobgay refuted recent allegations made by the Druk Phunsum Tshogpa (DPT) president Jigmi Y Thinley and two DPT candidates at a press conference in Phuntsholing yesterday evening. The president …

In what’s increasingly looking like a well coordinated strategy from the Druk Phuensum Tshogpa party, its party president Jigmi Y Thinley and candidates have pressed a series of allegations leading to defamation against the paper. The reactions are in response to the story by this paper on ex-ministers and their …

The Bhutanese, in an investigation has found that the former Education Minister Thakur Singh Powdyel’s wife Bhakti Maya Powdyel had bought 50 decimals of land right next to the Education City site in June 2012. The Education Ministry is one of the key stakeholders in the Education City project responsible …

One of the major reasons for the crunch is RMA’s attempt to reduce growing rupee imports In what will hit the Bhutanese economy hard most major banks like Bank of Bhutan, Druk PNB and Tashi Bank have recently stopped giving loans to the public. The only banks giving some loans …