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Saturday, August 30th, 2014 - 8:09 AM
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Chicks die by the thousands on Tsirang and Sarpang poultry farms

IBD Outbreak: Over the last few weeks, thousands of diseased chicks have died in poultry farms in Tsirang and Sarpang leaving farmers aggrieved and prompting a rise in the price of eggs.

Most recently, two poultry farmers of Patshaling gewog lost 52 and eight chicks resp. to the disease, suspected to be infectious bursla disease (IBD).

About three weeks back, nine farmers of Goserling gewog lost over 4,000 chicks to the same disease.  The chicks [... Read More]

IMF advocates introduction of VAT

Its country report proposes a way for Bhutan to improve its tax revenue performance

Taxes: Bhutan ranks below average in earning tax revenues among low and low-middle income countries, according to the International Monetary Fund (IMF).

While the government projected about 15 percent growth in tax revenue, the IMF, in its country report, published this month, advised Bhutan to introduce value added tax (VAT), reduce exemptions, and improve the existing system of indirect taxation to [... Read More]

Rights of the children through art

10545014_803211746380242_1-copyAbout 60 students from 33 schools are attending the summer art camp

Held to mark 25 years of the UNCRC

UN/VAST: Good school structures, better health facilities, helicopters, airplanes, and blacktopped roads are some common elements expressed in the artwork by 60 students from across the country.

Based on the theme “imagine our future,” the students had expressed through art, their expectations, changes, feelings, and desires in various aspects.  They’ve also depicted the challenges and opportunities to fulfill their basic right to survive, to learn, grow and [... Read More]

From crunch to near crisis

IMG_20140710_123204NHDC colony near Trashigang hospital

The only straw to cling to is the hope that the NHDC building plan will soon come to be

Housing: In an orange orchard near a cliff is a house, where civil servant Ranbir Tamang, a resident of Trashigang, has been living for the past few years.

Without any apartment available for rent in town, he said he had no options but to live there.  Summer is a dreadful time, with snakes slithering around his [... Read More]

Picture story

Restoration works have begun in Daranga-Mela town in Assam after a fire razed the market to the ground last week. The fire destroyed 24 shops. The town, about five minutes drive from Samdrupjongkhar served as the main shopping destination for people of eastern districts, especially for wild silk woven (burah) kira, and silk yarn.
Photo courtesy: Sonam Bumtap, Samdrupjongkhar

  

Injection of funds frees up bank lending

ESP: Since the injection for Nu 2.1B from the economic stimulus plan (ESP) into the financial institutions, some banks have disbursed more loans than the amount they received, while some did not see much credit growth.

The Bank of Bhutan limited (BoBL) received Nu 500M from the ESP.  But it had disbursed more than Nu 1.9B  loans.  However, funds once injected into the banks were almost impossible to segregate on how much of it [... Read More]

Govt. to consider Japanese embassy

The government plays coy with respect to its intentions in this regard

Diplomacy: The government will consider the establishment of a Japanese embassy in Thimphu at a later date.

Lyonchhoen Tshering Tobgay who recently visited Japan on an official trip said that the government would consider and discuss Japan’s proposal to establish an embassy in Bhutan at a more convenient time. “We didn’t discuss specifics, we decided that we’d consider the proposal at a mutually [... Read More]

Bhutan to host 8th SAFTA ministerial council

SAARC: The eighth meeting of the South Asia free trade area (SAFTA) ministerial council will be held in the capital on July 24.  This will be the first time Bhutan will host the SAFTA ministerial council (SMC).

The SMC will discuss and consider the report of the ninth meeting of the SAFTA committee of experts.

Economic affairs minister Norbu Wangchuk, who will chair the SMC, said the meeting would also consider discussing matters related to the administration and [... Read More]

Falling like ninepins

Private newspapers/magazines are folding one after the other

Media: While the rest of the country continues to discuss the salary raise, a small section of the society, the employees of private newspapers have been working with almost no salaries for about two years now.

After being unpaid for about five months, a reporter with one of the private newspapers received half his salary last month. “My company owes me more than Nu 100,000,” he said.

The [... Read More]

Insurance company and burnt house-owner lock horns over claims

RICBL: The Royal Insurance Corporation of Bhutan Limited (RICBL) and a house owner in Gelephu, whose building was partially damaged by fire on April 21, have still not been able to come to a consensus on the insurance claims.

RICBL refuses to pay the insurance claim made by the owner, in which the top floor of the building was damaged by fire.

“Besides the deduction of 31.9 percent as underinsurance, we accepted the loss of [... Read More]

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