BDBL offers one-time-settlement scheme for NPL clients

Last year the NPLs was 25.94% which accounts to Nu 5.4bn The Bhutan Development Bank Limited (BDBL) is offering a new strategy for the Non-Performing Loans (NPL) by offering some concessions and portions of write-off for interests for those clients who are having NPLs. This strategy is an offer for any old loans which have […]

Fuel price hike to have cascading effect on essentials

This is what economist Dr. Damber S. Kharka says The rise in fuel price will have a cascading effect on essentials, economist Dr. Damber S. Kharka said, adding that the transport cost of essential commodities such as food grains and meats will shoot up, and is expected to be passed on to the customers soon. […]

100,000 Moderna doses reach Bhutan

The second dose will be rolled out during the last week of October The first tranche of the government procured 100,000 doses of the Moderna vaccine from the United States Pharmaceutical and Biotechnology Company arrived at the Paro International Airport yesterday. The government purchased a total of 250,000 doses of Moderna vaccine costing US$ 5.55mn. […]

Five detained for cheating and selling vehicles of others

On September 22, a man named Tshering Tobgay from Shengana in Punakha filed a written complaint with the Punakha police stating that his vehicle (Bolero), which he had rented out to a lady, was sold to another person for Nu 250,000. The FIR was recorded and the police have started investigating the case. However, on […]

Scrap dealers face the brunt of the pandemic

Dealers say it would be cost effective to export scrap via Phuentsholing Ever since the export of scrap materials were stopped via Phuentsholing in the wake of the ongoing Covid-19 pandemic, scrap dealers have been struggling to dispose of the waste effectively, with many mulling over closing their business for the time being. With warehouses […]

Women groups of three districts to be engaged in gender sensitization training

Women groups from the three Dzongkhag of Trashigang, Sarpang, and Samdrup Jongkhar will be trained on gender mainstreaming and women’s empowerment under the Secondary Town Urban Development Project (STUDP). The training is in line with the water project in the three districts and is expected to begin in November and December. The objective of the […]

More than 200,000 students across Bhutan participate in mass handwashing event

With October 15 a national holiday, the MoE, MoH and the monastic body decided to observe the day on October 14 In what could be the biggest handwashing event, about 200,000 children including students, monks and nuns and teachers washed their hands with soap at the same time across the country on October 14 to […]

Art competition held to commemorate birth anniversary of Third Druk Gyalpo

The competition was launched in four categories amongst school and college students of Bhutan The Embassy of India organized an India@75 Art Competition to commemorate the birth anniversary of His Majesty the Third Druk Gyalpo, in collaboration with Sherubtse College. The Third Druk Gyalpo, known as the ‘Father of Modern Bhutan’, was also the founder […]

Residents wait eagerly for road blacktopping works to begin in Trashigang

They say the roads are filled with potholes and the condition worsens during the monsoon season Much to the relief of the residents, road blacktopping works are going to begin soon in Rangjung satellite town and Trashigang town under the Secondary Town Urban Development Project. Blacktopping works had to be brought to a halt in Trashigang […]

Consumer prices decrease in August compared to August 2020

The year-on-year CPI in August last year stood at 7.44% and 5.30% in August this year Consumer prices in August this year have slightly decreased as compared to August last year. According to the Consumer Price Index (CPI) published recently by the National Statistics Bureau (NSB), the year-on-year percentage change of the consumer prices has decreased […]