Saturday, August 23rd, 2014 - 7:22 PM

Bhutan to host 8th SAFTA ministerial council

SAARC: The eighth meeting of the South Asia free trade area (SAFTA) ministerial council will be held in the capital on July 24.  This will be the first time Bhutan will host the SAFTA ministerial council (SMC). The SMC will discuss and consider the report of the ninth meeting of the SAFTA committee of experts. Economic affairs minister Norbu Wangchuk, who will chair the SMC, said the meeting would also consider discussing matters related to the administration and implementation of the SAFTA agreement and trade services under SAFTA. [... Read More]

Falling like ninepins

Private newspapers/magazines are folding one after the other Media: While the rest of the country continues to discuss the salary raise, a small section of the society, the employees of private newspapers have been working with almost no salaries for about two years now. After being unpaid for about five months, a reporter with one of the private newspapers received half his salary last month. “My company owes me more than Nu 100,000,” he said. The reporter lives with his sister in one of the [... Read More]

Insurance company and burnt house-owner lock horns over claims

RICBL: The Royal Insurance Corporation of Bhutan Limited (RICBL) and a house owner in Gelephu, whose building was partially damaged by fire on April 21, have still not been able to come to a consensus on the insurance claims. RICBL refuses to pay the insurance claim made by the owner, in which the top floor of the building was damaged by fire. “Besides the deduction of 31.9 percent as underinsurance, we accepted the loss of Nu 795,953 estimated by RICBL,” the owner, Sonia Ghalay, said. [... Read More]

Picture story

Scare tiger: The idea of a stuffed toy tiger to scare wild animals seems to be working as more Mongar farmers are using it to guard their crops   

The grass is always greener

IMG_3466 Fodder for thought: One of the fodder crops, cocksfoot, grown in Tang valley

Fodder is a safer bet for farmers in Bumthang than food crops Agriculture: Potato might fetch better prices but it is to fodder cultivation that an increasing area of arable land is used for in Tang and Chumey in Bumthang. In Tang and Chumey, around 131 acres of land is used to grow fodder like cocksfoot, Italian rye grass, tall fescue and oats for its seeds and hay this year. “Fodder cultivation is now one of the stable sources for cash income to Tang villagers,” [... Read More]

11th national school meet starts in Thimphu

IMG_3746Students take oath during the opening ceremony

410 students from 107 schools are taking part in the contest being held in the capital Athletics: Kinley Zangmo probably is quite used to running. The 16-year-old Gasa student ran to school, after the cattle and at school sports meet. On her first visit to the capital city, she will run again.  This time to outrun her competitors and bag a trophy for her school. Kinley Zangmo is among the 410 students from 107 schools who have gathered in Thimphu for the 11th national school [... Read More]

Bhutan-Thailand friendship offer pays off but …

DSC_4102Asian tourists at Thimphu tshechu (file photo)

… there are those who feel the brand value of the product may have been compromised Tourism: Going by the number of Thai tourists, who visited Bhutan since the Bhutan-Thailand friendship offer began more than a month ago, the offer turned out to be a hit. About 2,038 Thai visitors visited Bhutan since the offer began, but there is more to it than numbers, which about five percent of the total tour operators promoted. There are over 1,300 tour operators in the country.  Some tour [... Read More]

Miners and quarry workers most industrious

Labour survey shows those in the sector put in more than 80 hours a week Employment: Mining and quarrying sector has the most hardworking employees, according to the findings of labour ministry’s labour force survey (LFS) 2013. The survey report shows that 812 out of the 1,374 employees in the mining and quarrying sector worked more than 80 hours a week.  This means that an individual in this group worked more than 13 hours a day. Of the total, 479 employed in this sector worked [... Read More]

Man arrested on three charges

Crime: Phuentsholing police arrested a 49-year-old man from Bazor in Drametse, Mongar, for allegedly involving in motor vehicle theft and dealing with antiques. He was also alleged for possession of fake Bhutanese currencies. The man, a former laymonk, was arrested on the evening of July 6 from Phuentsholing town with fake Bhutanese currencies. Police found Nu 8,000 in Nu 500 fake notes. Police, after searching his house in Manglabari, India, then recovered fake Bhutanese currency amounting to Nu 286, 500, a traditional vessel (thro), amulet [... Read More]

Initiative to insure against wildlife depredation

RMNP: Villagers of Norbugang chiwog are benefitting from the gewog’s initiative to have their own crop insurance account. Without any crop insurance scheme with the financial institutions in the country, officials of the Royal Manas National ark (RMNP) helped the farmers form an insurance management group in 2012 and created a group account with Bank of Bhutan.  The park deposited Nu 100,000 as seed money and each member then deposited Nu 100 annually in the account. The group started off with 30 households and it [... Read More]