HEADLINE STORIES

Inevitable Diesel price hike hits Bhutan

A drastic Nu 5 per liter or 12% hike on diesel price in the country starts today Bhutan is directly hit by India’s first diesel price hike, a substantial increase by Indian Rupee (INR) 5 per liter after more than a year. As usual Bhutan felt the pinch today that …

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Credit crisis continues to escalate

It’s been almost half a year since banks stopped  housing, vehicle and other loans after the central bank put in place new restrictions back in April this year, which lead to a virtual credit freeze. The sudden freeze on credit was largely attributed to the Indian Rupee (INR) shortfall as …

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The abominable snowman ‘drops’ by Thrumshingla

In what could reignite Bhutan’s long held fascination for the Yeti or ‘Migoi’ an official report filed by a Ranger of the Thrumshingla National Park on 3rd September, 2012 claims the discovery of ‘Yeti droppings’. Thrumshingla Park Ranger Pema who had gone to Tang, Bumthang to file a report of …

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An ebb tide of the Bhutanese automobile industry

Not a single order has been placed by any of the automobile companies in the country with their foreign agents since March this year. While automobile business, apart from second hand car dealers has suffered a rapid slowdown, the government hasn’t shown any signs to lift the ban on car …

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