Thursday , May 26 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

New procedure after September de-boarding incident

Aviation: Following the September incident when an ailing passenger had to be de-boarded from a Drukair flight which subsequently caused a public backlash, the national airline has introduced a new procedure for medical patients wanting to fly.

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Zero gift so far this year

Corruption: If the gift register they maintain is anything to go by, either it is a good deterrent or Bumthang dzongkhag officials are not used to receiving gifts when shouldering their responsibilities.

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Proposal for more timber shot down

Subsidy: Villagers of more than six gewogs in Wangdue having two houses will get rural timber allotment for only one house and not two as requested by the dzongkhag tshogdu.

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Driver found dead

Accident: A 31-year old truck driver was found dead yesterday morning after the tripper truck he was driving veered off the road near Tokorong, about 50km from Samdrupjongkhar.

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SMC yet to dig its teeth into the soil

First operational mine expected to begin early next year

Mining: The State Mining Corporation Ltd. (SMCL) would mark its first anniversary next week, but a year after its incorporation, the government created corporation is yet to extract any mines overwhelmed with paper works.

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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