• DPT enters general round with existing 47 candidates

    Amid speculations about its strategy for the general election, the Druk Phuensum Tshogpa (DPT) has confirmed that the party has no plans to replace its candidates to contest in the general round next month. DPT spokesperson Dorji Wangdi told Kuensel the party has already instructed all the existing 47 candidates to file in their nomination with the respective returning officer. “We have asked our candidates to remain in their constituency to file in their nomination,” he said.

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History of currency in Bhutan

Monetary reform started in 1974, coinciding with the coronation of His Majesty the Fourth Druk Gyalpo Jigme Singye Wangchuck. Finance ministry issued the first Ngultrum notes. Before the trade was monetised, barter system prevailed in the country. Rice, butter, cheese and wool were exchanged with other local produce. Almost a …

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External debt growing at 9.5 percent

Hydropower loans now account for 83 percent of INR owing Economy: The country’s stock of outstanding external debt saw an increase of 9.5 percent between June 2013 and June 2014. In three months, from June to September 2014, debt swelled to 108 percent from 101 percent of the GDP size.  …

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Lhakhang Karpo case – More heads roll

ACC has suspended three trade licenses and a CDB license of businesses involved  Update: The Anti Corruption Commission (ACC) on January 26 suspended three trade licenses and a construction development board (CDB) license of three business entities in connection with the alleged corruption case of lhakhang Karpo conservation project in …

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Picture story

Cabbies day out: A road safety official explains the give-way rule to taxi drivers during an awareness campaign yesterday in Thimphu. (Photo: Kipchu)      

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Sephu wins claim to disputed cordyceps collection area

It was also decided that hence harvesting would be restricted to the respective gewogs Fungus: Following two days of meeting, the home minister, Damcho Dorji, Gasa and Wangdue dzongkhags resolved that the much-disputed area, Metha-Chutha and Yangu, falls under Sephu gewog, Wangdue. The first meeting was held last week at …

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A shift of focus (and populace) to the east

Earmarking Kanglung and Nganglam as regional hubs is part of a broader development plan EDI: In a move to shift the overcrowded population from west to east, the Ministry of Works and Human Settlement is planning to develop two towns of Kanglung in Trashigang and Nganglam in Pemagatshel as regional …

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Picture story

Winners: Kuenjung FC was crowned the champions of the seven-sided Yuljong Football Championship season-I after defeating Northern Thimphu, 4-0, yesterday in the finals played at Changlimethang. The winners took home a cash prize of Nu 25,000 and the runners up Nu 17,000. Ten teams participated in the league-cum-knockout tournament that …

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ACC seeks suspension of two tainted civil servants

The project engineer and the manager have been indicted for their alleged involvement in lhakhang Karpo corruption Update: The Anti Corruption Commission (ACC) yesterday wrote a letter to the Haa dzongda asking him to suspend two civil servants, who were involved in the alleged corruption case of the lhakhang Karpo …

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Trends in trade

Latest figures show that commerce with third countries (other than India) has increased RMA Report: The share of Bhutan’s exports to India dropped to 86.1 percent in 2013 from 93.9 percent in the previous year, while the share of exports to countries other than India (COTI) increased by 25.2 percent. …

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Picture story

Ambassador Pema Choden presented credentials to the President of the Republic of Korea, Park Geun-hye, on January 23 in Seoul. During a call on, the President acknowledged Bhutan’s proposal to send Bhutanese youth for employment in Republic of Korea and informed the ambassador that their agencies would further study the …

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Taxi drivers feel victimised

The cabbies feel that they are picked on with regards to traffic rule enforcement   RSTA: Rules are becoming complicated by the day for taxi drivers.  Either they stay on the right side of the rules and lose passengers, or they break the rules and make the most out of …

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Lapsed tsamdros appropriated by sons of the soils

Former leaseholders, deprived of grazing rights, have received no compensation to date Pasture lands: Bumthaps (people of Bumthang) are losing their tsamdro to the natives of dzongkhags like Zhemgang, Mongar and Lhuentse, even as they wait for the lease right, on which the government has not made much headway. The …

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