World Bank report rings a warning bell for Bhutan’s Financial Institutions

Though Bhutan is still reeling from the rupee crisis and credit crunch it could head into deeper waters if the Central Bank and the Government are not careful. A 2014 World Bank report titled ‘Bhutan Development Update’ has said that Bhutan’s financial sector has shown signs of vulnerability and weaknesses could be exposed especially after the More...

by The Bhutanese | Published 3 months ago
By Tashi Deki On Friday, May 2nd, 2014
1 Comment

Meat vendors beef with prices leads to no beef

Nowadays meat shop vendors are selling only pork, chicken and fish. The vendors say beef import has stopped for more than a month and this is not good as sale of beef fetches in the most business for them. The beef More...

By tb admin On Friday, May 2nd, 2014
0 Comments

Bhutan projected to grow at 7.3 percent in 2014 while 2013 performance is also reviewed

A World Bank report “Bhutan Development Update” projects the country’s economic growth to be at 7.3% in 2014. The growth would be on the basis of ongoing construction of four hydro-projects, the work of the More...

By tb admin On Monday, April 28th, 2014
1 Comment

Increase in number of minors raped

Records with the Royal Bhutan police reveal that cases of rape against minors have been increasing despite stricter laws. In 2011, a total of 27 cases of rape against those below the age of 18 were recorded. The More...

By tb admin On Monday, April 28th, 2014
0 Comments

Government has not decided on school rationalization policy: education minister

Rationalization policy of small unsustainable schools was started during the 10th FYP and it is not a new idea, Education Minister Mingbo Drukpa told journalists yesterday. He said the ministry already has a road More...

By tb admin On Monday, April 28th, 2014
0 Comments

Better Business Council to be set up

Bhutan will set up a Better Business Council to improve the economy and ease of doing business, the economic affairs minister told journalists yesterday. Sharing the importance of the body, Lyonpo Norbu Wangchuk More...

By tb admin On Friday, April 18th, 2014
2 Comments

Cancer fast becoming a major killer in Bhutan

The numbers in all probability do not reflect the actual magnitude of the problem due to either non reporting or gaps in data collection but even the available numbers show that Bhutan cannot afford to ignore Cancer More...

By tb admin On Friday, April 18th, 2014
0 Comments

Bhutanese Boxers hope for a medal in the Asian Games 2014

With the 17th Asian Games happening in September this year, the Bhutanese boxers set to compete in the games are generating quite the buzz as two leading newspaper journalists, Choi You Tak, deputy head of department More...

By The Bhutanese On Friday, April 18th, 2014
0 Comments

ECB report shows Nu 426 mn spent in the 2013 polls

A report released by the ECB titled “Report on Expenditures of the Second Parliamentary Elections in the Kingdom of Bhutan, 2013” showed that Nu 426.871 mn was spent on the 2013 Parliamentary elections. The More...

By tb admin On Friday, April 11th, 2014
1 Comment

Finance Ministry proposes opening up home loans

The Ministry of Finance, in a meeting with the Royal Monetary Authority (RMA) on 4th April 2014 proposed that housing loans, under certain conditions, be opened up again. The Finance Minister Lyonpo Namgay Dorji More...