RMA shares draft guidelines to open up home loans, car loans and consumer loans

The draft guidelines have been put up on the RMA website for public feedback In what will be welcome news for those eagerly waiting to build or buy their homes the RMA has floated some draft guidelines on its website that allow Financial Institutions (FIs) to give housing loans with certain conditions. There are also draft guidelines for opening up More...

by tb admin | Published 4 months ago
By tb admin On Friday, July 11th, 2014
2 Comments

Govt decides to lift freeze on vehicle quotas

The Pay Commission report and the Pay Revision report proposals to monetize the quota at Nu 160,000 have been dropped by the govt In what will be music to the ears of more than 3,000 eligible civil servants, the More...

By tb admin On Friday, July 11th, 2014
0 Comments

Bhutan to get Nu 47 bn for hydropower and Nu 13 bn for 11th plan from India’s 2014-2015 Budget

The goodwill generated during Prime Minister Narendra Modi’s visit and the traditional ties of friendship between Bhutan and India has not been restricted to only kind words about each other. This April 2014 to More...

By tb admin On Friday, July 4th, 2014
0 Comments

Govt revamping FDI and EDP to make them more pragmatic and kick start the economy

The PDP government is in the process of studying and making some changes to the existing, Economic Development Policy (EDP) 2010 and the Foreign Direct Investment Policy (FDI) 2010 to promote economic activities More...

By tb admin On Friday, July 4th, 2014
0 Comments

Each Minister given one indicator to push Bhutan to the top 100 position in the global ‘Doing Business Indicators’

A high powered Better Business Council is also being finalized and it will include members from the private sector After coming into power, one of the big economic promises of the government was to improve Bhutan’s More...

By tb admin On Friday, July 4th, 2014
0 Comments

Govt to mine and export raw minerals for revenue through the State Mining Corporation

One big but brief and barely noticed announcement in the Prime Minister’s state of the nation address was the government’s plan to form a State Mining Corporation (SMC) that would export minerals to India and More...

By tb admin On Tuesday, July 1st, 2014
0 Comments

NA’s Entitlement Bill may run into NC wall with its newfound ordinary Bill status

The Bill which was portrayed as a money bill earlier has now been found to be an ordinary Bill giving the NC a say while reviewing it in the Winter Session A key moment in the passing of the Parliamentary Entitlement More...

By tb admin On Tuesday, July 1st, 2014
0 Comments

Taktsang Monastery

Anuradha Pehrson from Seattle USA rebuilt a Lego version of the Taktsang Monastery in eight months using standardized 150,000 Lego parts. Though she never visited Taktsang she studied several photos and images. More...

By The Bhutanese On Friday, June 27th, 2014
2 Comments

DNT blasts both PDP and DPT for weakening democracy

In a strong statement the Druk Nyamrup Tshogpa (DNT) has condemned both the ruling People’s Democratic Party (PDP) and the Opposition Druk Phuensum Tshogpa (DPT) party over the large pay hike and entitlements More...

By The Bhutanese On Friday, June 27th, 2014
1 Comment

A complaint box against ministers set up in the PMO

The Prime Minister’s office will be establishing a mechanism for the public to lodge complaints against Cabinet Ministers. This will, however, not cover inappropriate acts of other position holders, like Members More...