Wednesday , May 25 2016
  • The paradox of interest rates

    RMA will issue reforms in the interest of both public and financial institutions
    Banking: With borrowers vying for a reduced lending rate and banks warning of a subsequent drop in deposit rates, the interest spread (difference in borrowing and lending rates), banks maintain, is in question.

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Latest News

Rural environment clearance fee slashed

NEC: Not less than a year after it was introduced, the National Environment Commission (NEC) has reduced the environment clearance fee for construction of rural houses to Nu 600 from Nu 2,500. The revised fee was implemented since July last year.

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Airports fear paying millions in land tax annually

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The establishment of thromdes could see the higher urban land tax being charged

Tax: The Department of Air Transport (DAT) will be proposing to the government that airport land be exempted from urban taxes as this could lead to exorbitant amounts and airline passengers eventually bearing the brunt.

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A team from RTC brings home silver

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Competition: Three young and handsome boys. They have just flown in.  Jet-lagged, they are quietly peering out the wide windows of Royal Thimphu College’s (RTC) Executive Centre, as if they are trying to make sense of the strange delirium. It’s been a long journey, and they haven’t slept a wink.

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MoH plans 30 MBBS scholarships annually

To meet the shortage of doctors in the country

Health: To help resolve the issue of shortage of doctors and specialists in the country, 30 undergraduate scholarships in Bachelor of Medicine and Bachelor of Surgery (MBBS) were allotted this year.

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Gyalpoizhing CS to be upgraded to a college

Pay revision for Royal Bhutan Police announced

MTR: Gyalpoizhing Central School will be the third college in eastern Bhutan. The school will be upgraded to a college, announced Prime Minister Tshering Tobgay during the mid-term review meeting of Mongar dzongkhag on March 12.

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Lifestyle and climate change in South Asia context

His Majesty The King graced the Friday Forum lecture that Sir Mark Tully delivered at the Royal Institute for Governance and Strategic Studies  in Phuentsholing yesterday.
Sir Mark Tully is the former Bureau Chief of BBC based in New Delhi, India. He worked with BBC for 30 years.
He is now a freelance journalist, who has received recognition both in India and Britain.
The lecture ‘Climate Change- The need for new lifestyles in the South Asian context’, was held during the 6th Senior Executive Leadership Programme.

An excerpt from Sir Mark Tully’s Friday Forum lecture delivered on March 11

RIGSS: South Asia need not learn and live the western way of consumerism concentrating on the Gross Domestic Product (GDP) growth and neglecting the importance about climate change. South Asia does need to take climate change seriously.

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Pale Green Awlet found in Bhutan

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Butterfly: The presence of Pale Green Awlet (Burara gomata), a nocturnal butterfly, was recorded as the latest addition to the Hesperiidae family of butterflies recently.

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My Country, My Town

  • From head to bed: A helmet finds an afterlife as a pot for a flowering plant. Photo by Sonam Wangdi, GAO, Dewathang
  • Dog’s best friend: It’s not often one sees a municipal garbage truck with just one dog in attendance. Photo by Ezoo Kee
    Dog’s best friend: It’s not often one sees a municipal garbage truck with just one dog in attendance. Photo by Ezoo Kee
  • Hanging by a thread: Wonder how the streetlight got that way and when it will get fixed.
  • Playing deadly dodgem: A safety wall at an archery tournament ironically doubles as a vantage point. Photo by Karma Dupchu, Kuensel, Thimphu
    Playing deadly dodgem: A safety wall at an archery tournament ironically doubles as a vantage point. Photo by Karma Dupchu, Kuensel, Thimphu
  • Guess wh- -’s missing? A prominent blooper, this, and in a gold frame, no less! Photo by Pema Wangmo, SDFSec, Thimphu
  • Lock up: No cigar for guessing who occupies these premises Photo by Dorji Wangdi
    Lock up: No cigar for guessing who occupies these premises Photo by Dorji Wangdi