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INR 500 and 2000 not allowed

Lucky Wangmo from Thimphu Early this month, the Royal Monetary Authority (RMA) issued a notice stating that Indian rupee bank notes of denomination 500 and above will not be allowed use in the country. The Deputy Governor of RMA, Yangchen Tshogyel, said that it is not the decision of RMA to not

Sarpang needs a town, desperately

Alka Katwal from Sarpang What remains of Sarpang’s temporary makeshift town are the remnants of the recent flood. And a memory! The old town is gone. And the new one is not there yet. In between, people living in proper Sarpang are a little more exasperated every time they need to travel

RemitBhutan to enable easy & safe remittance from overseas

Dechen Dolkar from Thimphu Bhutanese living, working or studying abroad can now remit their earnings to their personal foreign currency accounts or that of their family members in Bhutan. The central bank, Royal Monetary Authority (RMA), launched Foreign Currency Account facility for Non-Resident Bhutanese (NRB) on Thursday. This facility would allow Non-Resident

Pasakha-Manitar route: a vital lifeline

Krishna Ghalley from Phuentsholing While the bailey bridge at Kamji couldn’t open for traffic for the seventh day yesterday, the Pasakha-Manitar bypass route has been serving as the only vital lifeline between Phuentsholing and Thimphu. After the road was opened for traffic from 28 July, more than 2,000 vehicles use the route

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