If you wish to go out at any time during the day or night, you shouldn’t let the lack of appropriate transport facilities dampen your spirits. To serve this purpose USD 24 hour Centenary Green Taxi service is always at the public’s disposal. All you have to do is dial their control room at 229. The sky-blue Maruti Suzuki Wagon R you have seen for some time now, with the USD logo, doesn’t mean US Dollar but are the initials of Ugyen Singye Dorji,... (more...)
The new route is expected to benefit eastern Bhutan and provide an alternate route for central Bhutan Three trucks laden with mandarin from eastern Bhutan made their way through the Indian state of Meghalaya to Bangladesh marking the opening of the new Tamabil port in Bangladesh on Tuesday. The new Tamabil port will benefit exporters particularly from eastern Bhutan and also provide an alternate route for central Bhutan. In the past, all items were... (more...)
The executive board of the International Monetary Fund (IMF) said the entry of private banks in the country will help improve the distribution of money in the Bhutanese economy. After consultation with Bhutan in December the IMF board also stated the need to strengthen the supervision of the financial sector in light of the private banks which otherwise could trigger further credit growth together with the high non performing loans and credit risks... (more...)
The financial sector recorded a growth in June 2009 from the same period the year before despite profits dwindling by more than half In the April-June quarter, 2009, when the global financial crisis was dragging the performance of banks around the globe down the gutter, the profit of the Bhutanese financial sector also saw a major dip of about 56% because of an increased provision of bad loans. A report of the central bank, the Royal Monetary Authority,... (more...)
A vacation trip to the state of Kerala in Southern India, can be the perfect interlude for the Bhutanese mid-winter blahs. Kerala offers winter sunshine, a balmy 30 celcius daytime, and night time no less than 20. It was sounding pretty attractive, especially after this year’s desperately cold December. Genuinely friendly people, beaches, traditional ayurvedic medicine and massage , fresh seafood, coconuts , bananas and cashews, yoga, serene ... (more...)
One thing modern parents don’t want to remember about their children’s wedding is the post marriage bill. The average wedding now costs more than Nu 200,000. Lhatu Dorji doesn’t remember the amount he spent on his marriage 26 years back. In fact he didn’t spend a thing. But his daughter’s marriage two years ago pinched his pocket. Just the bride’s kira had cost around Nu 100,000. But it did not end there, cutting down on the venue, the... (more...)
The fresh red tomato, even before it gets enough time for a quick vegetable-nap, reaches the 185-kilometre truck ride from Jaigaon to Thimphu. In around six hours, the tomato’s value increases more than 100%, from Nu 6 to Nu 30. The situation is not different in other towns like Paro. “Vegetables are much cheaper in Jaigaon but here we pay more than double the price,” said Lalita Lama, a Paro Hotelier, in rage. People in Thimphu say the phenomenal... (more...)
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