KuenselOnline

Monday, July 28th, 2014 - 4:20 PM
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‘Parkades’ to precede pedestrianisation of Norzin lam

To turn Thimphu’s main thoroughfare into an open space, two four-storied structures have to be built first

Thromde: The occasional closure of traffic along Norzin lam, the city’s main thoroughfare is not just done to mark occasions.

It’s the municipality testing the waters to gauge public reaction before it completely pedestrianises Norzin lam, as planned in the city’s master plan.

Norzin lam will not be open to vehicular traffic after the two car parks, each four-storied [... Read More]

Picture story

His Majesty the King granted an audience to the participants of the 2nd Scout Leadership Training program yesterday in Wangduephodrang

   

Editorial

On cars again

To the relief of aspiring car owners, the government will finally lift the ban on import of vehicles from next week.  The finance minister will notify relevant agencies to do the needful.

It has been more than two years since import of vehicles was banned, which initially started as a temporary measure to curb the outflow of Indian rupees.  The government was under pressure to lift the ban and, to be fair, it was never a [... Read More]

Chicks die by the thousands on Tsirang and Sarpang poultry farms

IBD Outbreak: Over the last few weeks, thousands of diseased chicks have died in poultry farms in Tsirang and Sarpang leaving farmers aggrieved and prompting a rise in the price of eggs.

Most recently, two poultry farmers of Patshaling gewog lost 52 and eight chicks resp. to the disease, suspected to be infectious bursla disease (IBD).

About three weeks back, nine farmers of Goserling gewog lost over 4,000 chicks to the same disease.  The chicks [... Read More]

IMF advocates introduction of VAT

Its country report proposes a way for Bhutan to improve its tax revenue performance

Taxes: Bhutan ranks below average in earning tax revenues among low and low-middle income countries, according to the International Monetary Fund (IMF).

While the government projected about 15 percent growth in tax revenue, the IMF, in its country report, published this month, advised Bhutan to introduce value added tax (VAT), reduce exemptions, and improve the existing system of indirect taxation to [... Read More]

Rights of the children through art

10545014_803211746380242_1-copyAbout 60 students from 33 schools are attending the summer art camp

Held to mark 25 years of the UNCRC

UN/VAST: Good school structures, better health facilities, helicopters, airplanes, and blacktopped roads are some common elements expressed in the artwork by 60 students from across the country.

Based on the theme “imagine our future,” the students had expressed through art, their expectations, changes, feelings, and desires in various aspects.  They’ve also depicted the challenges and opportunities to fulfill their basic right to survive, to learn, grow and [... Read More]

From crunch to near crisis

IMG_20140710_123204NHDC colony near Trashigang hospital

The only straw to cling to is the hope that the NHDC building plan will soon come to be

Housing: In an orange orchard near a cliff is a house, where civil servant Ranbir Tamang, a resident of Trashigang, has been living for the past few years.

Without any apartment available for rent in town, he said he had no options but to live there.  Summer is a dreadful time, with snakes slithering around his [... Read More]

Picture story

Restoration works have begun in Daranga-Mela town in Assam after a fire razed the market to the ground last week. The fire destroyed 24 shops. The town, about five minutes drive from Samdrupjongkhar served as the main shopping destination for people of eastern districts, especially for wild silk woven (burah) kira, and silk yarn.
Photo courtesy: Sonam Bumtap, Samdrupjongkhar

  

Injection of funds frees up bank lending

ESP: Since the injection for Nu 2.1B from the economic stimulus plan (ESP) into the financial institutions, some banks have disbursed more loans than the amount they received, while some did not see much credit growth.

The Bank of Bhutan limited (BoBL) received Nu 500M from the ESP.  But it had disbursed more than Nu 1.9B  loans.  However, funds once injected into the banks were almost impossible to segregate on how much of it [... Read More]

Govt. to consider Japanese embassy

The government plays coy with respect to its intentions in this regard

Diplomacy: The government will consider the establishment of a Japanese embassy in Thimphu at a later date.

Lyonchhoen Tshering Tobgay who recently visited Japan on an official trip said that the government would consider and discuss Japan’s proposal to establish an embassy in Bhutan at a more convenient time. “We didn’t discuss specifics, we decided that we’d consider the proposal at a mutually [... Read More]

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