NEWS IN A NUTSHELL
DEPOSIT IN BANKS INCREASES BY 17.6%
The total deposit base of banking sector saw an increase of Nu 97bn in 2016 to 109bn in December, which is an increase of 17.6%.
The increase in the deposit base was attributed to the increase in deposits by individuals in current and saving accounts. Savings have increased by Nu 12bn, whereas deposit has increased by Nu 4 bn.
ELECTRIC CAR CHARGING STATIONS TO BE SET UP
As a part of the three year project under the Ministry of Information and Communications and the Global Environment Facility, the project to replace taxis with 300 electric vehicles which is awaiting approval is already preparing the charging infrastructure for the project.
Twenty three electric car charging stations are expected to open within Thimphu and nearby Dzongkhags. Of the 23 stations, 12 will be located at various areas of Thimphu whereas the rest will be in Phuentsholing, Paro, Punakha and Wangdue.
NC MEMBERS RECEIVE DHAR
On Tuesday, the newly elected members of the National Council received Dhar (ceremonial scarf) from His Majesty The King. The ceremony was also graced by Her Majesty The Gyaltsuen.
Of the 25 National Council members, 15 are new. Eight are serving their second term whereas two members are serving for the third time.
MAN CONVICTED FOR RAPE OF MINOR
On May 23, Samtse Dzongkhag Court sentenced a 23 year old man, Dil Bahadur Rai, from Satergang in Phuentshogpelri to nine years in prison for rape of a child above 12 years.
The convict was found guilty of sleeping with a 15 year old girl. Dil Bahadur Rai who works in a private firm in Samtse was arrested on April 2 after the girl’s aunt logged a complaint against him. According to the judgment, it stated that the defendant and the victim who is a student met in Pagli town and exchanged mobile numbers. It stated that he then slept with the girl near a firm and at a hotel in the locality on March 29. FIRST EVER B-POP HELD IN THIMPHU The first ever Nazhoen Gokab’s B-Pop which was held in Lugar Theater in Thimphu saw more than 20 artists perform on May 29. The B-Pop aimed at promoting creativity among artists.