Wednesday, April 16th, 2014 - 7:59 PM

Drukstar draws Dzongree


Football: Drukstar dropped two crucial points even as they chase league topper Thimphu City after they drew with relegation battler Dzongree 1:1 yesterday.

The first half ended goalless with both teams having equal chances to go in front. “I think both the teams had equal chance to lead. But both failed to capitalize the chances” said Drukstar Manager Namgay.

It was after break that saw more attacking football. Drukstar pressed for a winner and their [... Read More]

Loan restrictions will be lifted by July


Banks to allow loans for electric cars

RMA: The central bank has decided to lift restrictions on both housing loans and ban on import of cars by July this year after the coming parliament session.

Besides this, it will also allow banks to provide credit for electric vehicles, which is now being withheld.

This, the central bank said will only be done provided the government also complements it with fiscal measures.

Governor of central bank, Daw Tenzin [... Read More]

Taxi parking cannot be acquired: NLC

Taxi parking: Thimphu Thromde has formally handed the taxi-parking area adjacent to the fuel station in Lungtenzampa to Tashi Commercial Corporation (TCC), following the National Land Commission’s final stand on acquisition of the area.

NLC secretary Pem Chewang said the thromde’s proposal to acquire the land was neither supported by the approved Thimphu structural plan 2002-2027 nor was it consistent with the recent development, therefore the land commission could not approve the thromde to [... Read More]

Govt. and donor support to determine achievement

Compact: Zhemgang dzongkhag will produce 1,838MT of rice, 5,230MT of maize, 98MT of wheat and 706MT of vegetables in the following year according to the performance agreement it signed with the Prime Minister.

The dzongkhag also aims to 3,671MT of citrus, 600MT of milk, 49,259MT of egg and 31MT of pork.

The target, however, comes with conditions. It will depend on the availability of improved seeds and machinery from the government.  It will also depend [... Read More]

We’ll increase CRR: RMA governor warns

With banks claiming to have excess cash

ESP: The country’s central bank (Royal Monetary Authority) will jack up the cash reserve ratio (CRR) by two percent, if banks claim that they have excess cash lying idle.

While the financial institutions have excess liquidity of over Nu 13B, some bank officials maintained that the fund from the Economic Stimulus Plan would aggravate the problem of excess liquidity if there were no takers.

With the banks facing liquidity [... Read More]

Picture story

Electronic appliances like rice cooker, curry cooker and kitchen items worth Nu 570,000 were completely damaged after a electronic shop in Phuentsholing town was gutted by a fire around 2:30am yesterday. It took more than an hour to contain the fire which is suspected to have started from an electric short circuit.
The adjacent shop, a hardware store, also lost goods worth [... Read More]


Waste of public fund

Having been known only for cultural tourism, tour operators and tourism authority were pressed for seeking an alternative to keep the industry going.

It was only during times of festivals, as continues to be the trend even today, that tourism flourished.

For the rest of the months, most tour operators were dormant.

The need to diversify the business, especially in terms of attracting tourists during lean periods was greatly felt.

That was when the long conceived idea of eco-tourism [... Read More]

All eyes on Armyworm


NPPC in Semtokha all geared for the battle

Pest: There is a high possibility that the Armyworm that swarmed paddy and maize fields in 18 of the 20 dzongkhags last year, could return.

The National Plant Protection Centre in Semtokha receives reports on suspicious Armyworm cases almost every day after it alerted all extension officers to look out for any signs of the invasive pest.

The centre’s senior Plant Protection Officer, Kiran Mahat, said the weather [... Read More]

ICT master plans to increase

Policy: Three new information communications technology (ICT) master plans that should lead to better service delivery by the government will be presented to the cabinet for approval today.

The master plans in education, health, and tourism, detail how these sectors will use ICT to increase efficiency.

The plans are the outcome of collaboration with Singapore. A second phase of this collaboration between the Tamasek Foundation and InfoComm Development Authority (IDA) International in Singapore with the [... Read More]

Picture story

Prime Minister Tshering Tobgay and Samdrupjongkhar Dzongda Goling Tshering sign performance agreement at the dzongkhag headquarters yesterday.


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