His Majesty The King visited Lhuntshe, where a recent flash flood washed away 23 people. His Majesty met with the family members of the victims, and visited the site of the incident at Ungar, where search efforts are still ongoing. His Majesty returned to the country on Sunday from an …
Read More »Small borrowers without collateral to lose out with the closing or merger of CSI Bank
Despite all the talk of ‘Access to Finance,’ the reality of the banking system in Bhutan is that you have no chance of getting a loan unless you already have land assets in prime Thromde areas or lands next to it. Banks not for rural land collateral In the past, …
Read More »Drujeygang-Tseza MP says DNT played ‘dirty politics’ in replacing him
The Drujeygang-Tseza Member of Parliament Jurmi Wangchuk famous for his ‘Trans National Sexy’ and ‘DHI and FDI’ bloopers, is also known as a straight talking MP who openly speaks his mind in Parliament, without filter even. This unique combination has built the MP a popular following on social media and …
Read More »BDBL Credit Assistant under ACC investigation for loans to self, family and others
The Anti Corruption Commission (ACC) is currently investigating Karma Wangchuk, the former credit assistant of the Bhutan Development Bank Limited (BDBL) branches in Samdrup Jongkhar and Dagana. Karma Wangchuk began his career as a credit assistant at Samdrupjongkhar on 27 April 2012 and he was later transferred to the Dagana …
Read More »Canada and UK are not as rosy
As the trend of the Australia dream has also given birth to Canada and United Kingdom (UK) dreams as an option, people are now increasingly trying out for both Canada and UK. However, the reality is quite different with people having to battle high living standards. Representatives from 21 prominent …
Read More »Flashflood washes away 23 people
In what is one of the biggest losses of life in recent memory, 23 people camped near a small stream below the Ungar village in Maedtsho gewog, Lhuentse was washed away by a flash flood at around 7.30 pm on Thursday night. Of the 23 washed away, eight people worked …
Read More »Multiple bank officials being charged in Phajo case
It has been learnt that more than 15 bank officials cutting across the Bank of Bhutan, DrukPNB and Bhutan National Bank are involved in the Phajo Nidup case with some already being chargesheeted and others in the process of being chargesheeted by the Office of the Attorney General. Some of …
Read More »3 statutory rape cases, 1 child molestation, 1 attempt to rape and other charges in Samtse case
The Samtse case involving two girls who went missing after a school event is much murkier and involves 2 others girls and more accused too. On 3rd June an 18-year-old girl and her friend a 17-year-old girl from Gomtu went missing after a school event and did not come back. …
Read More »The children left behind
Narayan Katel & Pema Choki/ Thimphu As the public continues to focus on the ongoing trend of the Australia Rush, there is a crucial aspect that often gets overlooked, the psychosocial impact on the children left behind in the care of their grandparents or relatives. The children can experience a …
Read More »100 MW Digital Assets mine at Gedu to start this month
Bitdeer has announced that a 100 MW mining datacenter located at Gedu, of which DHI is a strategic partner, will start mining operations by this month. Linghui Kong, Chief Executive Officer of Bitdeer made the announcement on Yahoo Finance News. Around 10,000 mining machines arrived at the Gedu datacenter by …
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The Bhutanese Leading the way.