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Friday, April 18th, 2014 - 4:04 AM
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Dungsam floats bonds worth Nu 1.2B

To be sold at Nu 1000 a unit, the maturity period is 10 years 

Investment: To lower the cost on numerous borrowings it had made while being constructed, the Dungsam Cement corporation limited (DCCL) is raising Nu 1.2B from the market today.

The money is being raised by floating corporate bonds, which means the company will borrow from individuals or entities, promising to pay back the amount with interest after maturity.

An official from the stock [... Read More]

Japanese project on road slope management

DSC_1366GNHC Secretary Karma Tshiteem and JICA’s chief representative Yumiko Asakumi sign the agreement yesterday

Its ultimate purpose is to render safe such stretches of highway

JICA: For an efficient and reliable road network in the country, the Japan International Cooperation agency (JICA) will assist Bhutan in carrying out critical slope investigation on three road sites.

Representatives from JICA and the Gross National Happiness commission (GNHC) yesterday signed an agreement for the technical cooperation project scheme, “master plan study on road slope management in Bhutan” in Thimphu.

The main purpose of [... Read More]

Picture story

The Alumni Association of Government Law College, Mumbai University, India awarded the Distinguished Alumnus Award to eight Bhutanese Alumni at a function on March 1 in Mumbai.

 

Editorial

Bringing the bone-setter on board

By profession, Ap Jagey is a cattle herder.  In his twilight years, the 69-year-old spends his days running after the 12 heads of cattle at Namseling, on the outskirts of the capital city.

But quite often he gets visitors, who come looking for him in the empty fields, in the forest above his village, and on the banks of the Thimpchu, where he normally takes his cattle to graze.

Ap Jagey can fix fractures and dislocated joints [... Read More]

Landslides – The downside of an irrigation channel

DSC01327Slide prone -The stretch where landslide occurs frequently due to a construction of an irrigation channel above the road

Tendu: Rain makes villagers of Tendu in Samtse fretful.  Slides send boulders rolling down, making travel difficult.

Some way above the Sipsu-Tendu highway, the construction of an irrigation channel is underway that will take water to the two gewogs of Pemaling and Sipsu.  That, the villagers say, causes landslides.

And monsoon is not far away.

Villagers have taken the issue to the gewog office, but nothing seems to have come of it.  Slides continue to tear [... Read More]

Picture story

REC receives 344 books worth USD 20,000
The Mindful Development Consultants Ltd, in Canada has gifted 334 books of 130 different titles worth more than USD 20,000 to the Royal Education Council. MDC was REC’s project partner in establishing the Centenary Institute of Education, in Yonphula, Trashigang. The books are on theories of education and leadership, educational assessment and research, curriculum design [... Read More]

195 Community Centres by year end

IT: Of the planned 205 community centres (CC), 195 will be in place by the end of the year.

CCs are places where information communications technology is made available to communities. Through the CCs, people can access public services online.

So far, 185 CCs have been completed. Another 10, paid for by the SAARC development fund (SDF), will be added by December. The SDF has so far provided around USD 2.5m to construct 50 CCs.

The [... Read More]

Search still on for drowning victim

Gongrichu: More than a hundred people are still searching for the body of a contractor in Gongri river, after he was washed away when the boat he was on capsized between Pemagatshel and Mongar.

The incident occurred around 3:30pm on March 6. The contractor and four others, including two boatmen, was on the boat carrying construction materials to the new bridge construction site, which is about two and half kilometres upstream from Yangbari in [... Read More]

18 year old drowned

Punakha police yesterday recovered a body of 18-year old man from the Mochhu River. According to police, the man drowned while swimming with his friends. The friends informed police around 1pm.

He was from Thinleygang and was a student of Thinleygang higher secondary school. The body has been handed over to parents.

                                                  

Opinions

Implications of international trade on health

What does joining World Trade Organisation mean for Bhutan’s health sector?

The implication of international trade on health has been recognised for centuries.  The Black Death (plague) followed international trading routes in the 14th century.

International health organisations like the Pan American sanitary bureau (1902), office international d’hygiène publique (OIHP 1907) in Paris, health organisation of the league of nations (1919) and WHO (1948) were created mainly to control the spread of infectious diseases through international trade/travel [... Read More]