Wednesday, April 16th, 2014 - 9:58 PM

BoBL branch office at Samdrupcholing

Banking: The Bank of Bhutan Limited (BOBL) opened a new branch office at Samdrupcholing drungkhag on April 9 to further their banking services in rural areas. This takes BOBL’s branch office number in the country to 41.

The bank’s main objective of extending branch network in rural areas is to take banking services closer to people living in remote and un-banked corners of the country.

BOBL will launch three more branch offices at Doksum in [... Read More]

Contractor assaults bank employee

Crime: Punakha police has charged an assault case involving a Bhutan National Bank (BNB) staff and a customer to the dzongkhag court.

The incident occurred on the afternoon of April 8, when a Punakha based contractor walked in to BNB office, seeking clarification on why his cheque was not deposited on time.

The 26-year-old female employee alleged that the contractor entered restricted area inside the bank office, pushed her desktop twice, slapped and punched her.

She [... Read More]

His Majesty inaugurates Panbang bridge


Connectivity: His Majesty the King inaugurated the Panbang bridge in Zhemgang yesterday.

The inaugural ceremony of the 152-metre bridge was graced by Her Majesty the Gyaltsuen and attended by the Prime Minister, cabinet ministers, Indian Ambassador and senior government officials.

Thousands of villagers from the neighbouring villages also attended the ceremony.

His Majesty told the people that while the construction of such a bridge was an achievement, the real objective would be realised when it starts [... Read More]

Dam construction to begin in June

PHEP I: After almost a year long delay, construction of Punatsangchhu hydroelectric project I dam could finally begin this June.

Project officials said critical remedial works to stabilise the slide area on the right bank of Punatsangchhu, which is the main reason for the delay, would be complete by then.

The hill mass above Wangdue-Tsirang highway tore up 3.5m horizontally and vertically some 10km downstream from the Wangdue bridge in July and froze all works [... Read More]

No takers for ESP fund?

With excess cash in hand, bankers express reservations

FIs: Financial institutions are beginning to worry whether there will be any takers of money that they received this week from the government under the Economic Stimulus Plan.

With excess cash already lying in the banks, injecting money in the banks through the ESP, bankers feel, will only add up to the cash that is lying idle in the banks.

Moreover, banks will be required to pay interest [... Read More]

Picture story

Dzongkhag and gewog officials receive His Holiness the Je Khenpo to Lhuentse yesterday. His Holiness will preside over the three-day dzong consecration ceremony. Renovation work on the 16th century Lhundrup Rinchentse dzong or Lhuentse dzong began in August 2009 and was completed last year with Nu 162M worth of restoration work done. His Holiness will conduct Tendrel Tashi Ngasoel today.


World Bank project 7.3 % growth for Bhutan

Economy: Bhutan’s economic growth is projected to reach 7.3 percent in 2014, if restrictions on imports and housing credits are lifted and timely disbursement of the 11th Plan budget from India are made, according to the world bank’s twice a year report, “South Asia economic focus.”

Economic growth rebounded to 6.5 percent in 2013 from 4.6 percent in 2012.

The growth is however attributed to good rainfall, consequently rising electricity generation by almost 11 percent [... Read More]

Microsoft targets education sector with its online office suite

Apps: Even as the government waits to use the online office suite – Google Apps, representatives from another American multinational company, Microsoft have come to the country to market their online office suite to the government.

Microsoft, however, is specifically targeting the education sector with its “Office 365” online suite. Office 365 is a direct competing product to Google Apps, which the government has already purchased for use by 5,000 civil servants.

It was earlier [... Read More]

Road widening works affect Menchuna farmers


Workers turn a blind eye on farmers’ water source

Irrigation: With about five irrigation water sources in Dochula-Menchuna chiwog blocked by muck dumped from the ongoing road widening sites between Menchuna to Lamperi, villagers fear that they may not be able to carry out paddy plantation this year.

There are 130 households in the four villages under the Dochula-Menchuna chiwog. Together the villagers own more than 200 acres of paddy fields. They depend on the [... Read More]

Measuring gardening impact in schools


Agriculture: In one of the first researches among developing countries, the agriculture ministry will evaluate the impact of school vegetable garden in terms of nutrition to students and food security.

Council for RNR Research of Bhutan (CORRB) with Asian Vegetable Research and Development Centre  (AVRDCS) in Taiwan is implementing the Vegetables Go to School (VeGOTS), a research-based pilot project to study the impact of school vegetable gardening on knowledge and nutritional contribution to students.

AVRDC’s [... Read More]

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