Wednesday, October 1st, 2014 - 10:00 AM
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Timber trade in the red

IMG_5657Old and mould still unsold: Logs at the Ramtokto timber depot

The economic slowdown translated into a glut of produce from a slump in sales NRDCL: Most timber depots run by Natural Resources Development corporation ltd. (NRDCL) have huge piles of logs waiting to be cleared, some even bearing mushrooms. Despite efforts made, NRDCL officials said, the company was struggling to clear timber in stock, resulting in the excess.  Production has overtaken sales. Officials said the company too bore the brunt of the economic slowdown since early 2012 that caused the decline in construction activities. The [... Read More]

ADB commits USD 50.35M

unnamed-3Lyonchhoen Tshering Tobgay at the Eminent Speaker Forum

Grant: The Asian Development Bank (ADB) is supporting Bhutan with US$50.35M for the South Asian Sub-economic Cooperation (SASEC) Road Connectivity Project, of which US$ 31.39M is on soft term credit and US$ 18.96M grant. Finance minister Namgay Dorji and ABD President Takehiko Nakao signed the loan and grant agreement yesterday in Manila, Philippines, where the Bank’s headquarters is based. The construction of the 68.30 km of South – west highway between Nganglam and Deothang is one of the major components of the project, finance ministry [... Read More]

GNH centre construction begins

IMG_6090Queen Mother Ashi Tshering Pem Wangchuck initiates the ground breaking ceremony of the GNH centre

Ground breaking: The construction of the interim space for Gross National Happiness centre in Bayul Dewaling in Chokhor, Bumthang has begun. The ground breaking ceremony, initiated by Queen Mother Ashi Tshering Pem Wangchuck, was held yesterday. The construction of the GNH centre was slated for March 13, but deferred.   The construction of the USD 10M main centre, which sprawls over 46 acres of blue pine forests by Chamkharchu, will start only in August 2015, after the interim space is completed. The construction design of [... Read More]

Spuds sell well in P/ling

PIC_0199FCB auction yard: Buyers from India bid their highest price yesterday

Both the harvest brought and the price fetched have hit new highs Potato: Farmers, who have brought their potatoes to the Food Corporation of Bhutan’s (FCB) auction yard in Phuentsholing, are reaping the fruits of their hard work. Potatoes are selling at the highest price in recent years, with the price as of yesterday reaching double that of last year.  The yard is seeing an increase in potatoes too. As of yesterday, the average price for a kilo of large potatoes touched Nu 23.50 compared [... Read More]

Work on township local area awaits NLC nod

DSC_5359Awaiting development: Samdrupjongkhar town

The commission has yet to approve the four LAPs and carry out a resurvey to confirm details Thromde: More than three years after becoming a Class A thromde, Samdrupjongkhar town is yet to begin work in its demarcated local area plan (LAP). The thromde is still waiting for the National Land Commission (NLC) to carry out the cadastral resurvey, only after which landowners would be issued the new lagthram (ownership certificate). Without approval of land ownership, the LAP couldn’t be developed.  There are, however, some [... Read More]

A caretaker by circumstances

unnamed-2Nandi Keshar serves meals to students

 His dream was to become an engineer, but Nandi Keshar Adhikari is content with his lot Profile: At 26, Nandi Keshar Adhikari has worked as farm help and caretaker, but not engineer, a career he wanted to pursue. He started school at 10, because there were no schools in his village Gong in Sarpang.  In 2010, he dropped out of school because of health issues.  He also had aged parents to look after. “With my qualification I wouldn’t have got a job, so I decided [... Read More]

Projects to decongest P/ling traffic closer to implementation

DSC02599The site at Omchhu in Phuentsholing where a bridge will be constructed

These include restoring the direct route to Pasakha, a bypass road and a dry port  Town: The distance to Pasakha industrial town could be shortened, and the perennial traffic congestion problem in Phuentsholing town solved by  mid  2019, with two major projects seeing new developments. The South Asia sub-region economic cooperation (SASEC) project, which has two projects in Phuentsholing to minimise traffic congestion, completed negotiation with the funding agency, the Asian Development Bank (ADB) recently. To deviate trucks entering the town, a 1.2km road will [... Read More]

Indian ambassador visits PHPA I and II

IMG_2950A PHPA official explains the project to ambassador Bambawale

A comprehensive progress report on the projects was presented to the visiting dignitary Hydropower: If Punatsangchu I is delayed, Punatsangchu II is well ahead of time, according to project officials, who presented a status of the two projects to the Indian ambassador to Bhutan yesterday. Ambassador Gautam Bambawale visited the two projects, which, he said, was second on his priority list since he came to Bhutan in August. “Despite geological surprises, I’m confident that the projects will overcome whatever challenges they face, and complete on [... Read More]

Roadblock-affected highway to be cleared for traffic soon

constructing-bailey-bridge-at-slide-area-yesterdaySlide area: Construction of the 24m bailey bridge

Update: The roadblock between Lhuentse town and Tongkangla hospital will be cleared for traffic this evening or at least by September 6 morning, according to department of road (DoR) officials. Lingmethang’s DoR regional chief engineer, Lungten Jamtsho, said road officials immediately started constructing a 24m bailey bridge at the slide area since September 3 as an immediate measure. He said, as of last evening, the skeleton of the bridge was built with materials brought from Lingmethang, Trashigang and Trongsa.  40 labourers, together with assistant engineers, [... Read More]

VAST gets CSO status

IMG_8576Old yet new: A traditional artist explores the world of imagination and creativity

The art entity will now have the legitimacy to raise funds to further itself MBO: Voluntary Artists’ Studio of Thimphu (VAST) – Bhutan is now a registered civil society organisation (CSO), and this provides the otherwise club-of-sorts legal backing and recognition to raise funds for the growth of art in the country. While the application to register as a CSO was put in last year, VAST received its accreditation on September 2, this week, from the Civil Society Organisation Authority as a mutual benefit organisation [... Read More]

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