Monday , September 26 2016
  • An unwelcome credit growth

    Economy: While the country’s credit market is concentrated in housing and personal consumption, a few sectors are starving for credit.

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Latest News

Gelephu flooded

Of the 22 houses affected by the flood, 18 were located near the Gelephu border gate

Disaster: Following the swelling of the seasonal stream, the Setikharay, the occupants of 22 houses were evacuated to higher ground in Gelephu yesterday.

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RMA to invest in GoI securities

…to better manage the INR reserve
Reserve: The Royal Monetary Authority (RMA) is exploring avenues for investment in Government of India securities to maintain a stable exchange rate parity and better manage the INR reserve.

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Be rich enough to be happy

Hydropower: “Do we want Gross National Happiness and be the poorest country in the world?” ssked Dasho Chhewang Rinzin, managing director of Druk Green Power Corporation (DGPC) while speaking at a seminar titled “Powering Bhutan’s Future: The Path Ahead for Hydropower” in Thimphu on July 22.

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Four arrested for drug possession in Thimphu

Abandoned belongings lead to arrest of three for possessing controlled substances in two different incidents
Crime: A police team found a sack thrown under the flyover bridge in Changzamtok, Thimphu on July 23. The team found 912 capsules of Spasmoproxivon (SP), some clothes, and a citizenship identity card along with some documents in the sack. Later, police identified the sack owner and arrested a 30-year-old man from Olakha.

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Nganglam border gate reopened

Search for truck alleged to be involved in fatal accident continues
Border: While the situation has calmed, it has not normalised according to the Nganglam dungkhag administration following the protests in the border town of Dhawdara in relation to a July 19 accident that allegedly involved a Bhutanese truck.

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Heavy rains wreak havoc in south

With the collapse of the Buduney bailey bridge, nine gewogs in Samtse are cut off (Photo: RSTA)

Disaster: Continuous rainfall over the last few days caused several landslides and sections of roads to be washed away along some of the country’s major highways. At least two motorable bridges have been damaged and rendered inaccessible.

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My Country, My Town

  • Nothing is safe nowadays: Still it’s hard to figure out what exactly is under lock and key here Photo by Tshering Doma, ICS, MoAF
  • Crate expectations: Either a bumper apple crop is expected or the harvest turned out to be below par Photo by Pema Tshering, RBG, Thimphu
  • Plastic in place of plants: The presence of this manmade material is all-pervasive on the planet Photo by Pema Tshering, RBG, Thimphu