The private sector since the last few months is faced with a serious issue of loan repayment partly caused by unavailability of additional loans from the commercial banks. The Druk PNB (DPNB) CEO N.K Arora said this should not be used as an “excuse” by the private sector to default. …
Read More »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 …
Read More »Private sector and BCCI meeting to sort out issues
Members said the main highlight will be on the credit crisis and pedestrian day The private sector and Bhutan Chamber of Commerce and Industry will hold a meeting on Monday, September 15 to sort out, discuss and find possible solutions to major issues faced by the members both new and …
Read More »ECB will row the social media ocean with its Draft Rules and Regulations
However the commission’s arms may not be long or strong enough to enforce its Social Media Rules and Regulations Popular opinions and general worldwide trends dictate Social media will play a crucial role to sweep the tide of election battles. Perhaps the same phenomenon is expected to play a huge …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Gyelpozhing Residents worried about OAG taking over from ACC
Local Gyelpozhing residents expressed their concerns on how effectively the ‘government lawyer’ or the Office of the Attorney General would be able to prosecute the case against senior members of the government involved in the case. Gyelpozhing town tshogpa Gyembo Dorji said, “Many people here in Gyelpozhing feel that the …
Read More »Strengthening the Right to Information Bill –Part 2
In this article we examine structural issues in the RTI Bill which are needed to be addressed to make RTI more effective . Unfair Timeline Though the actual time period under section 19 in which to give information is 30 days and 48 hours for life and liberty cases …
Read More »PHL confirms 64 cases in Bhutan from Chikungunya fever outbreak
After the first Chikungunya fever outbreak in Bhutan on 30 July, a total of 215 samples were received by Public Health Laboratory (PHL) as of 31 August out of which 64 tested positive. This is what the Public Health Laboratory (PHL)’s ‘Report on Chikungunya outbreak in Bhutan’ stated. A total …
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The Bhutanese Leading the way.