BoB makes profit of over Nu 1.25bn in 2019

Bank of Bhutan (BoB) made a net profit after tax (PAT) of over Nu 1.25bn last year. The bank’s profit has been increasing over the year. In 2017, they made net profit of Nu 790mn and in 2018 they made profit of Nu 1.04bn. According to the annual report 2019 of BoB, there is an […]

47 unnatural deaths this year

The numbers of suicide and unnatural cases are on the rise.  According to records held by the Royal Bhutan Police (RBP), this year there were 12 unnatural deaths in the country and 35 suicide cases. This year, Sarpang dzongkhag recorded the highest number of suicide cases in the country with 9 (5 female and 4 […]

Referrals pending due to India lockdown

So far, six patients who have been referred to India are pending since the lockdown of India in March this year. According to the Medical Superintendent, Jigme Dorji Wangchuck National Referral Hospital (JDWNRH), Dr Gosar Pema, the patients needed to be referred to India since they required major operations and they could not be treated […]

Payment gateway not feasible for startups

According to startups, the international payment gateway that the Royal Monetary Authority (RMA) initiated recently is not feasible for them to use. The startups shared the use of international payment gateway had many requirements and it will be challenging for them to use it. To avail payment gateway facilities, interested merchants would require fully functional […]

Construction sector suggests 50:50 expense on the cost incurred for the entry of foreign workers

Since the entry of skilled workers into the country would have huge cost implications on the contractors, the construction sector suggests that the cost should be borne 50:50 by the government and contractors, according to General Secretary, Construction Association of Bhutan (CAB), Tshering Yonten. The Department of Immigration notified that foreign workers’ entry in the […]

Buyback The Miss-Coined & Misunderstood Concept – Yeshey Dorji

The miss-coined concept that has been popularized as “buyback” is once again doing the rounds in the corridors of power – that of the Ministry of Agriculture. This is the state of our bureaucracy – they do not even know what they are talking about. They either do not understand English or, failing that, they […]