Several Bank, Thromde, RSTA, NLC and RBP officials also sentenced The Special Bench set up on 5 September 2022 by the Supreme Court to hear an array of criminal and civil cases against Phajo Nidup delivered its verdict on 17 criminal cases involving Phajo on 14th and 15th March 2024. Of this 14 were investigated by ACC …
Read More »ADB masterplan model selected for Gelephu Airport
A few months ago, officials were looking at three models to build the Gelephu Airport and they have finally selected the Asian Development Bank masterplan by doing some additional studies on it. This envisages building a new 3,000 meters runway around 50 to 60 meters above the current runway with …
Read More »When bank employees turn into bank robbers
The earlier trend of bank heists by bank employees in Bhutan was giving unauthorized loans or fattening up loans, but now there is a new shift in the trend with bank employees directly taking money from the accounts of clients or the banks own cash for the day. The first …
Read More »Saturday holiday or not decision to come by end of May after an assessment
Last week there was a huge social media storm and outrage after the Education Minister Yeezang D. Thapa and Prime Minister Dasho Tshering Tobgay revealed that a Committee set up to study the Saturday off pledge had recommended not to give Saturday off. The disclosure lead to a strong reaction …
Read More »Genuine Changjiji residents can stay worry free as NHDCL nullifies rent agreement
NHDCL to build 1,018 units of green resilient and affordable housing The National Housing Development Corporation Limited (NHDCL) CEO said, they have already responded to the government on the directives over Chanjiji. “We are going to nullify the 10 years agreement. On the other hand, what we will be doing …
Read More »Attempted ‘night hunting’ results in the murder of a 54-year-old mother in Lhuentse
In a shocking incident that occurred in Goling, Kurtoe, Lhuentse on 23 February 2024, it is alleged that a 25-year-old man killed a 54-year-old married woman. The incident occurred between 9:30 pm to 1 am the following day, when the suspect allegedly went to the victim’s residence, with the intention …
Read More »SDF not to be touched under tourism reforms
The committee tasked to look at tourism reforms has submitted its report to the government and it has proposed a host of measures to boost tourism but the Sustainable Development Fund (SDF) is not being touched either as a whole or for border towns which had been asking for waivers …
Read More »More than half of Property Tax collection to come from urban areas as tax is expected to cross well over Nu 675 mn forecast
Tax collection could be under Nu 1 bn The initial projection of the Department of Revenue and Customs (DRC) was that the total property tax on land and buildings expected to be collected is Nu 675.59 million (mn), however, the latest estimates show that if everyone pays their share then …
Read More »MoH proposes to hire 100 foreign nurses for JDWNRH
The Health Ministry has put up a proposal to the Cabinet to hire 100 foreign nurses to meet the growing shortfall and high attrition rate in the Jigme Dorji Wangchuck National Referral Hospital (JDWNRH) hospital. The Health Minister Tandin Wangchuk said that as of January 2024 the attrition rate for …
Read More »ORO Bank: Asia’s first Full Reserve Digital Bank launched for the Gelephu Mindfulness City
In a major development for the Gelephu Mindfulness City (GMC) project Asia’s first Full Reserve Digital Bank called ORO Bank has been launched to serve the GMC project. The bank also aims to help global startups and innovative emerging businesses. While the website was launched recently there is not much …
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The Bhutanese Leading the way.