While other local banks grapple with rising NPLs Among other sectors, the commercial banks in the country are one of the worst hit by the delay in the government’s budget approval. However, the country’s biggest bank, Bank of Bhutan Limited (BoBL) has seen a decrease in its bad loans or …
Read More »Keeping the national game alive in the US
To cherish the game of archery, the national game of the country and enjoying leisure hours at the same time, Bhutanese enthusiasts of the sport living in the USA make it a point to organize or participate in tournaments, especially over weekends. This time around, eight teams comprised of Bhutanese …
Read More »Sustainability and Three Debts of Mankind
Shortened from 29th Distinguished Speaker Lecture at Hiram College, Ohio, US I would like to discuss the linkages between three greatest debts of mankind: ecological debt, financial debt, and karmic debt underlying the three cracked pillars of sustainability that holds up our world. In doing so, we have to grapple …
Read More »A Walk to Singye Dzong (Part 2 of 3)
At a day’s walking distance from Khoma village are the idyllic sub-tropical villages of Khomakang and Denchung, lying close to the Khomachu (river). Khomakhang has eight houses and Denchung has six houses. The two villages are about half an hour apart. An hour or so short of reaching Khomakang is …
Read More »Forest officials rescue increasing number of animals
Blame it on the increased human population, disintegration of habitat, fleeing from predators or other factors,but many wildlife species in the country are increasingly reported to be coming in direct confrontation with humans and their pets. This has led to only one result, wildlife getting either killed or injured. This …
Read More »Old highway poses threat and inconvenience
Although renovation works are underway for the Thimphu- Punakha highway, it has added to the existing inconveniences for now Commuters along the Thimphu to Punakha highway have complained that the highway is in its worst shape, riddled with potholes and ditches not only posing risk of fatal accidents, but giving …
Read More »Land Commission responds to RAA report
The National Land Commission Secretariat (NLCS) in its response to the Royal Audit Authority (RAA) report on “Leasing of Government Land, Government Reserved Forest Land and Mines” cited excessive responsibilities, lack of clear written land policy, no proper institutions capacity and human resources. The RAA report found that the various …
Read More »11th Plan endorsed by NA
The 11th FYP (2013-18) expenditure outlay is estimated at NU 213bn Aimed towards self-reliance and inclusive green socio-economic development, the 11th Five-Year Plan (FYP) presented to the National Assembly (NA) was endorsed by the house following hours of deliberations on Thursday. Finance Minister Namgay Dorji who presented the FYP to …
Read More »Norwegian Ambassador meets PM
Ambassador of Norway to Bhutan, H.E. Mr. Eivind S. Homme called on Lyonchhen Tshering Tobgay, yesterday at the Gyalyong Tshogkhang. Lyonchhen and Ambassador Homme discussed on the global climate change, environment conservation through substituting fossil fuel use with more sustainable and renewable forms of energy, promoting the use of electric …
Read More »Towards domestic abundance of wet fish
Finally, Bhutan will be self-sufficient in terms of wet fish, one of the highly traded foods across the globe. Come 2018, Bhutanese families around the country would be enjoying the more readily available home-produced wet fish, not necessarily having to depend on the wet fish imported from elsewhere. This is …
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The Bhutanese Leading the way.