Monthly Archives: December, 0

CRR revised to 10%

In light of excess liquidity in the financial system, the Royal Monetary Authority (RMA) had issued a notification to revise the Cash Reserve Ratio (CRR) of financial institutions from the existing 5 percent to 10 percent.

Hike in Fuel price

Reversing the trend in falling fuel prices, petrol price was hiked by 82 paise and diesel by 62 paise in India last midnight. Prices in Bhutan will be revised today midnight.

DDM to investigate cause of fire

The Department of Disaster Management (DDM) will be investigating the cause of the fire that engulfed eighty-one shops in Sarpang yesterday.

Gup considers suing Trongsa court

Langthil Gup, Lham Dorji says, after a discussion in the Gewog Tshogdey, he will file a case against Trongsa District Court for detaining him. Trongsa court had detained him overnight for the contempt of court, yesterday. He was released this afternoon.

Cabinet reviews compact signing agreements of five Southern Dzongkhags

The Cabinet is in Phuetshogling to review the compact signing agreements of the five Southern Dzongkhags; Chhukha, Dagana, Samtse, Sarpang and Tsirang.

Three arrested for misusing SIM cards

The police have arrested three men from Trongsa, Tsirang and Sarpang for misusing Subscriber Identity Module (SIM) cards, yesterday. They are said to have sold SIM cards, they had availed in their names, across the border.

RBP to start frisking youth upon home ministry’s approval

The Royal Bhutan Police will soon start mass-patrolling and frisking youth, if they are found loitering after 10 PM in a group of more than two. However, the implementation will begin upon the approval of the Ministry of Home and Cultural Affairs.

Man accused of Olakha homicide case arrested

A layman handed over the 39-year-old man, accused of homicide case at Olakha, Thimphu, to Punakha police, yesterday.

Thimphu still tops the list of number of crimes reported

Thimphu still tops the list of dzongkhags with a maximum number of crimes reported. “Thimphu has majority of criminal activities given the large population,” said the Chief of Police, Brigadier, Kipchu Namgyel.

BRIEF

Patrolling team from Paro Forest Division intercepted a DCM truck carrying blue pine logs without forestry documents at around 10 AM, today. The logs were being transported from Shari forest to Nemjo under Lungnye Gewog. The offender will be fined Nu.26,903
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