Friday, August 22nd, 2014 - 5:46 PM

Losel cinema accounts – A can of worms

By following the money, a trail of fraudulent practices has been unearthed RAA: Awarding roofing works in defiance to procurement rules and regulations, non-deduction of cost difference for providing materials other than specified in the bill of quantities (BoQ), and payment for works not executed had led to irregularities worth Nu1.698M from the Losel cinema hall’s account in Gelephu. The Royal Audit Authority’s (RAA) pointed out these irregularities in its report from July 1, 2010 to April 30, 2014, submitted to the home minister and [... Read More]

Japanese encephalitis claims a life in Punakha

This is the first recorded case of the disease in the country Mosquito: Following the death of a 20-year-old man from Tewang gewog in Punakha on August 15 due to Japanese encephalitis, Punakha hospital has been cautioning residents to remove mosquito-breeding areas like stagnant water, to avoid mosquito bites. This was the first case of Japanese encephalitis recorded in the country. Chief medical officer at Punakha hospital, Dr Choeda Gyeltshen, said the deceased, a former monk, was ill since July 31.  His parents initially conducted [... Read More]

Picture story

Asian Development Bank’s Vice President, Lakshmi Venkatachalam calls on Prime Minsiter Tshering Tobgay yesterday in Thimphu. Lyonchhoen and Ms Venkatachalam discussed ways to explore new prospects in small and medium scale industries, renewable energy and agri-marketing. The Vice President assured ADB’s continued assistance to Bhutan.    

A shot in the arm for the hard-pressed farmer

A Nu 53M WWF-funded project has poverty alleviation as one of its chief objectives Project: Modernity comes at a cost.  Bhutan today has its feet in a quagmire that is thick and deep.  On one side is development, on the other, fate.  How far the journey then? We are an agricultural country with about 70 percent of our people in the farming sector.  Is this even true?  Where are our dreams of rich agricultural life today?  What is real and what is not?  We need [... Read More]

Year’s first apple consignment gets through

18 truckloads had to wait for days at the B’desh check post pending a formalin test Export: Five days after 18 truckloads of apples from Bhutan were kept at the Bangladesh border checkpoint for formalin test, the country’s first consignment of apples to Bangladesh made it through the border on August 20. The 90 metric tonnes (MT) of apples, worth around Nu 6M, had moved from the country on August 16.  However, a new system, which required a formalin test of the fruit, had stopped [... Read More]

Home minister apprised of problems kidney patients face

IMG_0542A patient with kidney problem shares concerns with the home minister

Following the ban on fund solicitation, a bad situation may have turned worse Health: Almost two months after the home ministry stopped issuing letters to collect donations, kidney patients, recipients, donors, attendants and their relatives met the home minister yesterday to share their problems of getting treated. No concrete alternative has been found yet on how people can go about getting kidney donors. At the meeting yesterday, kidney patients and relatives said they are faced with problems of shortage of money, difficulty in getting donors, [... Read More]

Feasibility study of ground-couple heating/cooling presented

imageTea ceremony: Professor Yorikazu Shimotsuma serves tea

Conference: If the College of Science and Technology‘s (CST) preliminary feasibility study on ground-coupled heating and cooling comes through, the country could save about 20-30 percent of electricity that’s consumed today for heating and cooling buildings. The status of the feasibility assessment of ground-coupled heating and cooling in Bhutan was presented yesterday at the first two-day international conference on engineering, science, technology, education and history. The conference is an outcome of a memorandum of understanding that Jigme Namgyel Polytechnic and Japan Society of Education for [... Read More]

Nine teams make it to Yangphel’s semifinals

IMG_1674A Khadel player celebrates a karey at the quarterfinals

Archery: Team Khadel Zorig thrashed United Sikkim and Laya Tours and Treks in the last quarterfinals match on August 20 at the ongoing Yangphel archery tournament in Changlimithang, Thimphu. With the win, Khadel Zorig finished the third set to book a place in the semifinal on August 24. In the sixth round, it completed the first set, while United Sikkim scored four and Laya Tours and Treks five. However, in the eighth round, United Sikkim equalised Khadel Zorig ,and led with five points, leaving Khadel [... Read More]

Govt. issues Nu 4B T-bills to shore up deficit

A fiscal measure to close down the resource gap in the current financial year RMA: To reduce the resource gap in the current financial year, the government is floating three separate treasury bills (T-bills) to raise Nu 4B from individuals, firms, corporate bodies, financial institutions and trusts. The Royal Monetary Authority (RMA), in the name of the government, has issued three T-Bills, one worth Nu 1.5B with a maturity of 30 days, another Nu 1.5B with a maturity period of 60 days, and a bill [... Read More]

Audit indicts Losel cinema mismanagement

The report castigates all concerned for the shady dealings related to said establishment RAA: Lack of monitoring and supervision, devoid of accountability and transparency in the management of Losel cinema hall, had led to the misuse and mismanagement of funds, the Royal Audit Authority’s (RAA) report stated. That an administrative assistant without any accounting knowledge had managed the books of accounts had also contributed to the mismanagement, the report stated. The RAA report, which was completed last month, also stated that the Sarpang dzongkhag administration [... Read More]

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