Thursday, April 24th, 2014 - 1:33 AM

Bhudur farmers go for onion cultivation after paddy

a-farmer-Choki-Wangchuk-shows-his-progressChoki Wangchuk shows his progress

Agriculture: The farmers of Bhudur in Lhuentse no longer leave their fields empty in winter after harvesting paddy. They grow onion because onion brings more income to the farmers.

Even as mandarin is the main cash crop grown by the farmers, decreasing mandarin yield has led the farmers to grow onion. The village has ‘onion group’. The dzongkhag’s agriculture sector and the Research and Development Centre in Wengkhar in Mongar helped farmers form the [... Read More]

Automobile workshop in Jungshina getting closer

Workshop: Residents of North Thimphu will have to wait for at least two years before they can have an automobile workshop in the locality.

The proposed workshop in Jungshina, to be built on a  3.12 acres of land belonging to 14 landowners, has been demarcated after landowners agreed to the 35 percent land pooling.

The proposed workshop is included in the Thimphu Structural Plan finalised in 2004, but couldn’t be developed because of delay in [... Read More]

Picture story

Finance Minister Namgay Dorji handed over cheques to the financial institutions amounting to Nu 2.1B yesterday at the Bhutan Chamber of Commerce and Industry conference hall. This culminates the first activity of improving liquidity in the economy under the government’s economic stimulus plan. Bankers and officials from the financial institutions said that the money will help increase GDP growth in the [... Read More]

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]


Dzongree edge past U-18

‘A’ League: A brace from Dzongree’s Lhendup completed a come back and took all three points at the expense of Bhutan U-18 National team yesterday.

U-18 took the lead through Samten Norbu’s 26th minute goal. Desperate to register their first point of the season, the young boys forced some fine saves from the opposition goalie.

“We had a clear chance in the first half. If we made that second goal, may be that would have [... 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]

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