The Bank of Bhutan Limited (BOBL), Bhutan National Bank Limited (BNBL) and the T-bank Limited all plan to provide its customers with a facility much like the one enjoyed by Druk PnB clients in India. If the ground work comes through, then the local commercial banks would soon be collaborating with the Axis bank in India to provide its Bhutanese customers the ability to withdraw money from the 4,293 Axis bank ATMs all over India. According to an official... (more...)
The 30 cycles used by the police are among the 353 that Lyonchen received from Japan This huge dining hall familiar only with the rattle of plates and over-the-food chatter of our policemen is witnessing something different these days. Thirty policemen from Thimphu are being trained on mountain bike riding inside the Sarpang Police Camp mess. The heavy downpour in the past few days has not favored them to practise outdoors. But it seems they are enjoying... (more...)
The written test will be held on September 2 and the oral interview will be held the next day The functional literacy test for the aspiring local government (LG) election candidates will not be lesser than any board examination. The candidates will be following similar examination patterns like the school children. They will be given index numbers which will be assigned by dzongkhag electoral officers for validating registered candidates in alphabetical... (more...)
Following a controversy that the communication ministry’s awarding of the Nu 20mn tender for the supply of laptops flouted procurement rules, ministry officials said tender rules need not be followed in the project as no tax payer’s money was used. “It is not a public fund, and it was a personal initiative from the minister,” said the procurement officer of the ministry. “The scheme is for private ownership of laptop for individuals. We... (more...)
The company hopes to go nationwide by next year The second cellular service provider in the country, TashiCell, has managed to gain the confidence of 80,000 registered customers but it will take two more years for the company to break even. The executive director of Tashi Infocomm Limited (TICL), Tashi Tshering said, “We would require two more years to break even,” and added, “We are expecting to break even by 2012 and we are progressing toward... (more...)
An area of six acres along the Bangladesh Ambassador’s residence complex (in picture below) has been identified for the construction of the convention center The plan to have public-private partnership for the construction of an international convention center in the capital is nearing fruition. During the last meeting held on July 21, the government decided to provide land as equity under Druk Holding and Investments. The Bhutan Chamber of Commerce... (more...)
The Royal Monetary Authority (RMA) has placed a new ceiling on international credit card and debit card withdrawal for Bhutanese. An international credit card client will be entitled to a maximum of only US$ 3,000 for one calendar year for Bhutanese citizens. Earlier, the withdrawal ceiling for foreign currency was allowed to US$ 20,000 for a year. And RMA has said that credit cards cannot be used for import payment and can be used only for personnel... (more...)
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