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Saturday, August 2nd, 2014 - 6:20 AM
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Officials seize Sandalwood

Smuggling: The Gelephu regional forest range officials seized 80 sandalwood logs, weighing about 1,190kg, from a jumbo truck en route to Gelephu from Phuentsholing.

The officials raided the truck at around 11.40am on Wednesday at the border town of Dadgari, following a tip off from informers.  The sandalwood logs were found hidden under cement bags the truck was carrying.

While the truck was kept at the forest office, the driver told forest officials that the [... Read More]

Picture story

World cup fever: Football fans watch Germany vs France game yesterday on the giant screen set up at Changlimithang, Thimphu

   

On the coat-tails of the civil service

Expectations are high, as usual in the wake, of a corporate employee pay hike next

Salary: Following the civil servants’ salary raise, the board of various companies under Druk Holding and Investments (DHI), will now study the possibility of a pay raise for its employees, in the next six months.

DHI chairman Dasho Sangay Khandu said the directors would be taking up the same task as the Pay Commission did to come up with civil [... Read More]

Job not done: Dremetse villagers

renovation-work-not-completedNot a done deal: Renovation works are left incomplete in Dremetse

RWSS: With handing and taking over done, the Rural Water Supply Scheme (RWSS) work for Bikhar and Wungkhar under Dremetse, Mongar is a done deal.  Villagers, however, say  it is far from over.

The communities on questioning about it were informed that works were completed and no budget was left. Gewog officials had done handing and taking over of the RWSS work.

“Without any notice to the villagers gewog officials considered all works done,” a [... Read More]

Setting up a facility to ease commercial borrowing

A DHI study on the non-banking financial institution has been submitted to RMA for approval

NBFI: The private sector may soon have a better commercial borrowing option in the form of external funding, if what Druk Holding and Investments (DHI) is working to bring about comes through.

DHI is currently studying the possibility of establishing a non-banking financial institution (NBFI) in the country, which, if feasible, will expand borrowing options for both DHI companies and [... Read More]

His Majesty awards patang and kabney

IMG_1781Lam Choechong

Conference:  His Majesty the King awarded patang and white kabney without fringes to Lam Choechong, director for postgraduate diploma in law, Royal Institute of Management, yesterday at the 21st judiciary conference in the capital.

Lam Choechong, 66, has trained many judges and judiciary officials in national law.

Meanwhile the judiciary, after two days conference, resolved to enhance judiciary independence consistently with the Constitution and commitment to the Rule of Law.

The judiciary will also be independent [... Read More]

Editorial

Cast in the DHI mould

The Druk Holding and Investment announced that it will take four more companies under its arm, taking the number of enterprises in its fold to 22.

Like the chairperson said at the press conference yesterday, DHI was accused of taking under its wings, the cash cows like the Druk Green Power corporation, Bhutan Telecom, and Bank of Bhutan, etc.

As the government’s investment arm, DHI was mandated to manage existing and future investments of the country, while [... Read More]

DHI to acquire four more corporations

These companies (BDB, BPCL, WCC and FCB) are to expect major changes in their modus operandi

SOE: Druk Holding and Investments (DHI) will take over four more state-owned enterprises (SOE) under its wing in a few months time.

Bhutan Development Bank worth Nu 287M, Bhutan Postal corporation limited worth Nu 23.6M, Wood Craft Centre worth Nu 98.82M and Food corporation of Bhutan valued at Nu 15M are the four corporations.  Except for the bank, the [... Read More]

Japanese assistance in rural electrification and power service delivery

Photo2_Fault-Locating-by-T2LUPINLinesmen tries to locate fault (Photo: Kuri Orui, JICA expert)

JICA: Dagana residents were frustrated when the usual erratic power supply caused a total blackout on the night of June 30, depriving the residents of their opportunity to watch a World Cup match.

While many called Bhutan Power corporation officials, complaining of the blackout, some even chose to pour out their frustrations on social websites, calling the BPC officials and their services useless.

The problem, BPC officials in Thimphu said, was caused, as the 33KV [... Read More]

Domiciles at the mercy of the monsoon

IMG_1730The slum

A slum on the hill across the ministers’ enclave provides an eye-opener on a co-existence

Lifestyle: Dark clouds are rolling in the sky.  From the blue mountains to the south, rain is coming, ominous grey.

On the hillside opposite the ministers’ enclave in lower Motithang in Thimphu, people are readying for a challenge that is looming.  For the people here, rain will not bring freshness and life but trouble.  Here, rain is not welcome.

But welcome [... Read More]

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