LOCAL NEWS

Bhutan National Bank wins Best Bank in Bhutan award

Bhutan National Bank won the Best Bank in Bhutan award at the Indian Chamber of Commerce Emerging Asia Banking Conclave and Awards 2022 in Goa, India. The Indian Chamber of Commerce hosted the Emerging Asia Banking Conclave and Awards 2022 in Goa in July 2023, an event which aims to …

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Canadian universities and colleges to visit Bhutan

A press release said that representatives from twenty-two prominent Canadian universities and colleges will be showcasing education opportunities in Canada during the second EduCanada delegation to Thimphu, Bhutan on July 26-27, 2023. The participating universities and colleges will highlight the courses they offer, scholarships, information on student experience, accessibility, affordability …

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Addressing Shortage of Counsellors in Schools

Currently, the number of school counsellors falls short of the recommended standard, which suggests having one counsellor for every 400 students. The Royal Civil Service Commission (RCSC) has recently announced three vacancies for counsellors, but there were approximately 19 resignations in the counselling service during the first five months of …

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Alleged attempted rape case in Samtse involving police officer

Two teenage girls, aged 17 and 18, failed to return home after a school program on June 10, leaving their parents in distress. The girls’ prolonged absence, spanning two nights, deepened the worry of their parents, prompting them to approach the school authorities for assistance. Acting swiftly, the school authorities …

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Performance of the SOEs

The Budget Report of FY 2023-24 highlights the performance of SOEs and the loan exposure. There are thirteen SOEs directly under the MoF, including eleven wholly-owned and two majority-owned. MoF SOEs made contributions of Nu 245.5 million (mn) in 2022 in the form of taxes and dividends. The losses suffered …

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Cement and sand shortages follow a major construction boom

The construction industry in Thimphu is currently experiencing a significant construction boom. As more and more buildings are erected, the demand for materials such as cement, sand, steel and timber has increased dramatically. However, the demand has caused a shortage of these materials, creating challenges and delays in completing construction …

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