News

First re-insurance company launched Bhutan Lost

With the objective of making lives easier for Bhutanese and to contribute to the socio-economic development of the country in the face of Indian Rupee (INR) shortage, a re-insurance company “GIC-Bhutan Re Ltd”, with assistance from GIC (General Insurance Corporation), India was launched on September 5. The company will provide …

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Phobjikha’s power woes

The residents in Phobjikha are dealing with the frequent and prolonged power outages and its consequent disruption in the gewog. The people, who now increasingly electricity dependent since connection in 2011, are frustrated with the erratic power supply. “The blackout often lasts upto and over a week, and it severely …

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Prime focus of MoLHR’s master plan on private sector

The 11th Five Year Human Resource Development (FYP HRD) master plan of the Ministry of Labour and Human Resources (MoLHR) mainly focuses on private sector development as it is considered the impetus for growth. The government has increased attention on developing the sector for employment generation as well as sustainable …

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A.M. Best assigns ratings to RICBL

The Royal Insurance Corporation of Bhutan Limited (RICBL), the oldest and largest insurance company in Bhutan, was rated on its financial strength and an issuer credit rating by A.M. Best Asia-Pacific Limited which was announced at a conference held in the RICBL head office in the capital yesterday. RICBL was …

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Yeedzin yet in the King’s graces

A 1-0 win over Nepal’s Three Star saw Yeedzin through to the finals of the ongoing King’s Cup at the Changlimithang Stadium last night. The first half was a drab and goalless affair with poor control and miscommunication running rampant all over the field. Possession on either side was sporadic …

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Chelsea to chase Rooney until ‘last day’

Jose Mourinho’s pursuit of Manchester United striker Wayne Rooney will go right down to deadline day with the Chelsea manager admitting the club will continue their chase “until the last day”. Unsettled striker Rooney has long been rumoured with a move to Chelsea, speculation building that the England international will …

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The Chemshing (tree of rosary beads)

Chemshing or “rosary bead tree” is a tree species belonging to the genus Zizyphus under the Rhamnaceae family. Zizyphus species generally are hardy species which can tolerate drought and can grow in shallow and dry conditions. There are three chemshing (Zizyphus sp) trees growing in Shaba, Paro. The species has …

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