Sunday , September 25 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

Record price for cordyceps in Bumthang

Business: A kilogramme of cordyceps fetched Nu 1.55 million at the Chokhor gewog centre in Bumthang on July 20, the highest amount ever recorded so far in a cordyceps auction after collection of the fungi was legalised in the country.

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New policy replaces base rate system

The RMA, in an effort to review interest rates, has come up with the minimum lending rate policy Banking: After the government asked the Royal Monetary Authority (RMA) to review interest rates, the central bank has replaced the base rate policy with the minimum lending rate policy, which will be effectively applied from next month.

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500 flats in P’ling in two years

Thousands of Bhutanese reside in the Indian border town of Jaigaon as a result of an acute housing shortage in P’ling 

Housing: A total of 72 buildings that will have 500 units in total will be constructed in the next 18 months in Phuentsholing.

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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