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Thursday, April 17th, 2014 - 6:30 PM
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Revenue from mandarin decrease

Export: Citrus greening in mandarin-growing areas has led to an overall decline in the production of orange and revenue from its export.

Frequent strikes in Bangladesh played a significant part in the decline.

As per the record with Bhutan Exporters’ Association based in Phuentsholing, about 12,791MT of mandarin was exported to Bangladesh.  That is USD 5.63M worth of export from the country.

The association’s general secretary Tshering Yeshi said the export and the revenue generation declined [... Read More]

Ballot dance in India

India election: A thriving and vibrant electoral democracy through periodic elections, India has a distinct identity at the global stage. Since independence in 1947, the country has witnessed a peaceful transfer of power through ballot in the last more than six decades.

Termed as world’s largest democracy and second most populous country on earth, India has begun its mammoth election exercise from April 7. Divided into 28 states and 7 union territories the country with a [... Read More]

Workforce and internet connectivity hurts IT park

IMG_20140404_143913The Thimphu Techpark at Wangchuktaba

Difficulty of finding tenants has left major shareholder Assetz  wanting to pull out 

Analysis: The Thimphu Techpark is not able to rope in as many tenants as initially envisioned because of the non-availability of the required workforce and connectivity problems.

This difficulty in finding tenants has most recently led to Assetz, a 70 percent shareholder of the park wanting to pull out of its joint venture with the government.

When the park was inaugurated two years [... Read More]

Government injects Nu 2.1B in financial institutions

ESP: The government will inject Nu 2.1B in the financial institutions to start its ambitious plan of improving liquidity in the market through the Economic Stimulus Plan (ESP) today.

Financial institutions including the Bhutan Development Bank and the two insurance companies will each receive a share of the total amount (see graph.)

The money will be injected in the tier II component of the financial institutions’ capital base. This component of a financial institutions capital [... Read More]

Tour operators expect more tourists this season

Tourism: Spring marks the onset of the tourist season in Bhutan and with it begins preparations.

And unlike in the past, flight booking and shortage of hotels are no longer problem for the tour operators, and the number of hotels catering for tourists has increased over the years, particularly in Thimphu and Paro.

The Association of Bhutanese Tour Operator’s executive director Sonam Dorji said that it was still difficult to get booking in  the high-end [... Read More]

Crackdown on drugs nabs 449 people

Crime: The Royal Bhutan Police in a massive operation launched in December last year have arrested 449 people (as of April 4) in drug-related cases.

Of the total, 35 were for alleged trafficking of the controlled substances, 200 for alleged possession and abuse of drugs and 180 for alleged abuse of drugs.

The superintendent of police for narcotic drugs division, Lt. Colonel Sonam Goenzing, said people arrested with large quantity of drugs were categorised as [... Read More]

Accident kills two, injures six

Samtse: Two men died when the Bolero taxi they were travelling in veered off road near Basanti village in Dorokha, Samtse. Six other passengers were referred to Samtse hospital.

The deceased were a 35-year-old Dumtoe gewog administrative officer and a 32-year-old taxi driver. The other passengers, five men and a woman, aged 21 to 35, sustained injuries on the head and body.

The accident took place at 2pm yesterday when the taxi was coming to [... Read More]

No visitors from Tawang at Gomphu kora

IMG_9378Vendors wait for customers at Gomphu kora

Tshechu coincides with general election in India

Festival: The Gomphu kora tshechu’s infinite charms were not able to draw any visitors from the neighbouring Indian district of Tawang in Arunachal Pradesh this year.

With the tshechu, which began on April 7, coinciding with the general election in India, the popular visitors from Tawang, referred to as Dhaps, chose to stay home and take part in the election.

The tradition of dhaps attending the popular Gomphu Kora [... Read More]

26 households compensated in S/Jongkhar

st-picKezang Pelden receives her insurance claim at Dewathang gewog office

Windstorm: The Royal Insurance Corporation of Bhutan Ltd (RICBL) office in Samdrupjongkhar compensated the 26 villagers whose houses were affected by the March 21 windstorm.

In one of their quickest responses, the branch office had paid Nu 474,235 by March 31, ten days after the storm, to the affected people in five gewogs.

Martanga gewog, which suffered the most damage had 11 households affected. They received Nu 234,765. Dewathang gewog received Nu 105,415.

Phuentshothang gewog received [... Read More]

Man donates 25litres of blood in 30 years

20140408_120908Kesang Jigme

Health: If the blood bank at the Thimphu national referral hospital were a real bank, the hospital’s laboratory officer, Kesang Jigme would be the richest client.

The 49-year-old have so far deposited 50 units or about 25 litres of blood. Yesterday he was donating blood for the 50th time since he joined the hospital 29 years ago.

About twenty to thirty units of blood is required to treat patients at the referral hospital in the [... Read More]

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