Bhutanese drivers now allowed to pay penalty closer home

Earlier, defaulters had been paying penalty to the Alipurduar Police Bhutanese drivers are pleased that they can now pay penalty for defaulting on Indian roads in Jaigaon in West Bengal instead of traveling all the way to Alipurduar. The West Bengal Police announced the facility during a sensitization workshop held this week in Phuentsholing. Till […]

Bhutan Health Trust Fund capital doubled

Following rising costs of essential drugs and introduction of new immunization vaccines in the country, the government decided to double the current Bhutan Health Trust Fund (BHTF) capital from Nu 1.5bn to Nu 3bn, presented Prime Minister Dasho Tshering Tobgay during the State of The Nation report on Monday. The new Trust Fund capital translates […]

School dropout rate high among country’s transgender community

Informal records with the Lesbian Gay Bisexual Transgender Queer (LGBTQ) community in the country revealed that of the 18 transgender women who came out, 17 of them dropped out of school at a very early age. LGBTQ community in Bhutan is an informal group with 87 members. The members consists of two lesbian, 45 MSM […]

DIGNITY OF LABOR: DEALING WITH THE SHIT

A hue and cry followed the Sherig Lyonpo’s less than flattering comments on Bhutanese doing cleaning jobs in Australia. His comments were supposedly indicative of an attitude that looks down upon blue-collar jobs as “shitty.” At the end, Lyonpo had to extend an apology to the many whose feathers he had ruffled. Many Bhutanese did […]

Royal Monetary Authority launches three facilities

The Royal Monetary Authority (RMA) launched three facilities in Phuentsholing, which will help promote better financial services among residents and businessmen alike. The Central Bank opened a facility where mutilated, soiled and burnt currency notes can be exchanged for fresh ones. All old currency notes from within the country and across the border will be […]

Mini-dry port to facilitate easier international trade

When complete, the mini-dry port at Phuentsholing will enhance producing capacity, facilitate business and promote local produce in the international market, said the Economic Affairs Minister, Lekey Dorji, at the ground breaking ceremony of the port yesterday. Lyonpo said that with the increase in the country’s trade volume from Nu 15bn to 102bn in 2016, […]

Well-wishers help couple by the river

After Business Bhutan ran a story about an ill couple who were fated to meet by chance and made their home, a shanty, by the Thimphu River earlier this year, they have received donations in cash and kind from many sympathizers. The story which was posted on the paper’s Facebook page had hundreds reacting, commenting […]

NRDCL profit halves

The Natural Resources Development Corporation Limited’s (NRDCL) profit after tax (PAT) halved from Nu 15.07mn in 2015 to Nu 7.83mn last year. According to NRDCL General Manager, Sonam Chophel, profit for the financial year was affected because of the write-off provision of stock (stone) amounting to Nu 3.69mn, impairment of assets (crushing plant) amounting to […]

DGPC annual revenue grows by Nu 366mn

Druk Green Power Corporation Limited’s (DGPC) overall income last year increased to Nu 14.624bn from Nu 14.258bn in 2015. The increase was attributed mainly to the 192.24MU increase in electricity generation with corresponding increase in energy export at higher tariffs. A dividend income of Nu 44.72mn was also accrued from the Dagachhu project. The four […]

A 171bn-debt, pitfall amidst national achievements

During the State of The Nation, Prime Minister, Dasho Tshering Tobgay said that currently, the total national debt stands at Nu 171bn, a major part of which funded hydropower construction. However, Lyonchhen assured that “while we should be concerned, hydropower debt will be paid back by hydropower earnings.” As of today, non-hydropower loan has decreased […]