Daily Archives: 04/14/2012

PM calls on people to spend sustainably

Bhutan needs to focus on two things: the governance which includes the security and sovereignty of the nation, and the other is the economic development through balancing its imports and exports, stated the Prime Minister in a nation-wide address broadcast on the national television on April 12. Owing to these …

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Thimphu schools’ Ping Pong finals tomorrow

The first tournament of schools under Thimphu Thromde began with the Table Tennis which was hosted by Pelkhil Higher Secondary School yesterday. The girls’ finals will be played between Yangchenphug vs Motithang and in the doubles, Nima higher secondary high school will play Motithang. In boy’s finals, the favorite among …

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Private sector hit hard with RMA’s credit crunch

In the aftermath of the Royal Monetary Authority’s (RMA) directive to stall all domestic loans, the majority of the businesses have been affected, and the ripples being felt by the construction industry and car dealers are the worst. The INR crunch makes it even worse. President of the Construction Association …

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Wanna shop? Go online!

What’s new in the market? Online shopping! Online business is already thriving in most other parts of the world, and the trend is fast catching up in Bhutan, too. It has made shoppers’ lives easier and more convenient. People do not have to make an effort to go to the …

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Empowering communities through wireless networking

Around 11 students gathered at the Youth Development Fund (YDF) conference hall for a three-day wireless networking training workshop organized by Rural Education and Development (READ) in collaboration with Digital Employment Foundation (DEF), India from 10 April. “These participants were selected from the regions where READ offices were established,” said …

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Trying Times

The critical shortage and rationing of the Indian rupees is making newspaper   headlines and engaging people in serious debate. The good point is that both the government and people have woken up for the first time to this looming crisis. The bad point is that there is no immediate and …

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All is not bad

There is much gnashing and grinding these days over the rupee crisis, at least in the urban areas. It is important that Bhutanese citizens do not panic over the current rupee shortage which is a temporary economic phenomenon in the long run. While it is important to dream big we …

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ECB answers third party’s queries

In the month of February, Social Democratic Party (SDP) submitted nine queries to the Election Commission of Bhutan (ECB) on legislative rule on political parties, their formation and organization. The first question was  on what is needed for  advance information and approval from “appropriate authorities” before organizing public meetings and …

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Housing loan suspended, 33 people file petition

Thirty-three people whose housing loans were suspended by financial institutions following directives from the Royal Monetary Authority (RMA) have filed a petition to the central bank. This situation arose in the aftermath of the rupee crisis. However, the Thimphu Thromde (TCC) has approved the construction of the petitioners’ houses but …

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