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๐‚๐ซ๐จ๐ฌ๐ฌ-๐๐จ๐ซ๐๐ž๐ซ ๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐๐ž๐ฑ๐ฎ๐ฌ: ๐๐ก๐ฎ๐ž๐ง๐ญ๐ฌ๐ก๐จ๐ฅ๐ข๐ง๐  ๐š๐ง๐ ๐‰๐š๐ข๐ ๐š๐จ๐ง ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐†๐ซ๐š๐ฒ ๐™๐จ๐ง๐ž ๐“๐ซ๐š๐ง๐ฌ๐š๐œ๐ญ๐ข๐จ๐ง๐ฌ

โ€ฆ๐’†๐’™๐’‘๐’๐’๐’“๐’Š๐’๐’ˆ ๐’•๐’‰๐’† ๐’Š๐’๐’•๐’†๐’“๐’‘๐’๐’‚๐’š ๐’๐’‡ ๐’„๐’๐’๐’—๐’†๐’๐’Š๐’†๐’๐’„๐’† ๐’‚๐’๐’… ๐’Š๐’๐’๐’†๐’ˆ๐’‚๐’๐’Š๐’•๐’š ๐’Š๐’ ๐’„๐’“๐’๐’”๐’”-๐’ƒ๐’๐’“๐’…๐’†๐’“ ๐’Ž๐’๐’๐’†๐’•๐’‚๐’“๐’š ๐’†๐’™๐’„๐’‰๐’‚๐’๐’ˆ๐’†๐’” By Krishna Kumar Sanyasi The interdependence between this locality in Bhutan, Phuentsholing and its Indian counterpart, Jaigaon, has led to the emergence of a complex network of monetary exchanges operating in a grey area between convenience and illegality.A ‘Mule Account’ is described as a bank account owned by a …

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Editorial-The Interplay of Convenience and Illegality

โ€ฆ๐‘ผ๐’๐’“๐’‚๐’—๐’†๐’๐’Š๐’๐’ˆ ๐’•๐’‰๐’† ๐’“๐’Š๐’”๐’Œ๐’”- ๐’‰๐’๐’˜ ๐’Š๐’๐’๐’Š๐’„๐’Š๐’• ๐’‡๐’Š๐’๐’‚๐’๐’„๐’Š๐’‚๐’ ๐’‡๐’๐’๐’˜๐’” ๐’•๐’‰๐’“๐’†๐’‚๐’•๐’†๐’ ๐’„๐’“๐’๐’”๐’”-๐’ƒ๐’๐’“๐’…๐’†๐’“ ๐’‘๐’“๐’๐’”๐’‘๐’†๐’“๐’Š๐’•๐’š ๐’‚๐’๐’… ๐’”๐’•๐’‚๐’ƒ๐’Š๐’๐’Š๐’•๐’š In the interconnected economies of Phuentsholing and Jaigaon, a complex web of monetary exchanges has emerged, blurring the lines between convenience and illegality. The rise of โ€˜Mule Accountsโ€™ and โ€˜Money Mulesโ€™ highlights the shadowy underbelly of this intricate financial ecosystem, posing significant threats to the integrity of both …

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Cross-Border Financial Nexus: Phuentsholing and Jaigaon Navigate Gray Zone Transactions

โ€ฆ๐’†๐’™๐’‘๐’๐’๐’“๐’Š๐’๐’ˆ ๐’•๐’‰๐’† ๐’Š๐’๐’•๐’†๐’“๐’‘๐’๐’‚๐’š ๐’๐’‡ ๐’„๐’๐’๐’—๐’†๐’๐’Š๐’†๐’๐’„๐’† ๐’‚๐’๐’… ๐’Š๐’๐’๐’†๐’ˆ๐’‚๐’๐’Š๐’•๐’š ๐’Š๐’ ๐’„๐’“๐’๐’”๐’”-๐’ƒ๐’๐’“๐’…๐’†๐’“ ๐’Ž๐’๐’๐’†๐’•๐’‚๐’“๐’š ๐’†๐’™๐’„๐’‰๐’‚๐’๐’ˆ๐’†๐’” Krishna Kumar Sanyasi The interdependence between this locality in Bhutan, Phuentsholing and its Indian counterpart, Jaigaon, has led to the emergence of a complex network of monetary exchanges operating in a grey area between convenience and illegality. A ‘Mule Account’ is described as a bank account owned by a …

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๐€๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐ฐ๐ข๐ญ๐ก ๐‹๐จ๐๐š๐ฒ ๐‚๐ก๐จ๐ฉ๐ก๐ž๐ฅ

Loday Chophel studied filmmaking at the Asian Academy of Film and Television (AAFT) in India, where he was honored as the Best Student of the Year by AAFT in 2009. Before embarking on his career in film, he pursued Arts and Humanities at Delhi University, India. Loday Chophel is proficient in direction, acting, and editing, drawing inspiration from Buddhism for …

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๐€๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐ฐ๐ข๐ญ๐ก ๐’๐ฎ๐ฉ๐ซ๐ข๐ญ ๐๐ซ๐š๐๐ก๐š๐ง

Suprit Pradhan, the current captain of the Bhutan National Cricket team, made his international cricket debut in 2011. As a child, he had a deep passion for cricket. However, because of the limited cricket facilities at his school, he played with his friends as if it were any other casual game or sport. He had no formal coaching in the …

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AN EXCLUSIVE WITH SONAM DORJI

Sonam Dorji, the captain of the Bhutan National Football team under-16, embarked on his football journey at the tender age of 10, initially competing at the Dzongkhag level. His prodigious talent swiftly garnered attention, leading to his rapid selection for the prestigious Bhutan National Football team. With remarkable dedication and remarkable skills, Sonam has become a beacon of hope for …

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๐๐ฎ๐ฌ ๐’๐ž๐š๐ญ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐–๐จ๐ž๐ฌ: ๐Ž๐ฏ๐ž๐ซ๐ฅ๐š๐ฉ๐ฉ๐ข๐ง๐  ๐‘๐ž๐ฌ๐ž๐ซ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐‚๐š๐ฎ๐ฌ๐ž ๐๐š๐ฌ๐ฌ๐ž๐ง๐ ๐ž๐ซ ๐ƒ๐ข๐ฌ๐œ๐จ๐ฆ๐Ÿ๐จ๐ซ๐ญ

โ€ฆ๐‘ฐ๐’•’๐’” ๐’„๐’๐’๐’„๐’†๐’“๐’๐’Š๐’๐’ˆ ๐’•๐’‰๐’‚๐’• ๐’•๐’‰๐’†๐’“๐’† ๐’Š๐’” ๐’‚ ๐’๐’‚๐’„๐’Œ ๐’๐’‡ ๐’„๐’๐’‚๐’“๐’Š๐’•๐’š ๐’๐’ ๐’”๐’†๐’‚๐’• ๐’‚๐’”๐’”๐’Š๐’ˆ๐’๐’Ž๐’†๐’๐’•๐’”, ๐’†๐’”๐’‘๐’†๐’„๐’Š๐’‚๐’๐’๐’š ๐’˜๐’‰๐’†๐’ ๐’‘๐’‚๐’”๐’”๐’†๐’๐’ˆ๐’†๐’“๐’” ๐’“๐’†๐’๐’š ๐’๐’ ๐’•๐’‰๐’†๐’”๐’† ๐’“๐’†๐’”๐’†๐’“๐’—๐’‚๐’•๐’Š๐’๐’๐’” ๐’•๐’ ๐’†๐’๐’”๐’–๐’“๐’† ๐’‚ ๐’‰๐’‚๐’”๐’”๐’๐’†-๐’‡๐’“๐’†๐’† ๐’‹๐’๐’–๐’“๐’๐’†๐’š. By Susmika Subba Passengers using public bus transportation are grappling with a recurring issue of bus seat reservations, resulting in double issuances of tickets for the same seat. This inconvenience affects both passengers who rely on …

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๐“๐ก๐ž ๐‘๐Œ๐€ ๐€๐๐จ๐ฉ๐ญ๐ฌ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐Œ๐ž๐š๐ฌ๐ฎ๐ซ๐ž๐ฌ ๐ญ๐จ ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐๐š๐ง๐ค๐ข๐ง๐  ๐’๐ž๐œ๐ญ๐จ๐ซ ๐‹๐ข๐ช๐ฎ๐ข๐๐ข๐ญ๐ฒ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ

By Ngawang Jamphel In response to escalating demand for banking credit and economic activities, the Royal Monetary Authority (RMA) has implemented a series of strategic interventions to maintain liquidity in the banking sector. While facing complexities of a pegged exchange rate with the Indian Rupee and Bhutanโ€™s import- driven economy, the RMA remains committed to achieving and sustaining price stability. …

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๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒโ€™๐ฌ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐๐ซ๐ข๐œ๐ž ๐ˆ๐ง๐๐ž๐ฑ ๐’๐ฎ๐ซ๐ ๐ž๐ฌ ๐Ÿ’.๐Ÿ—๐Ÿ—% ๐ข๐ง ๐ƒ๐ž๐œ๐ž๐ฆ๐›๐ž๐ซ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘

โ€ฆ๐’‡๐’๐’๐’… ๐’‘๐’“๐’Š๐’„๐’†๐’” ๐’‘๐’“๐’๐’‘๐’†๐’ ๐’•๐’‰๐’† ๐’๐’—๐’†๐’“๐’‚๐’๐’ ๐’Š๐’๐’„๐’“๐’†๐’‚๐’”๐’†, ๐’˜๐’‰๐’Š๐’๐’† ๐’„๐’†๐’“๐’•๐’‚๐’Š๐’ ๐’”๐’†๐’„๐’•๐’๐’“๐’” ๐’ƒ๐’–๐’„๐’Œ ๐’•๐’‰๐’† ๐’•๐’“๐’†๐’๐’…, ๐’‚๐’๐’… ๐’•๐’‰๐’† ๐’‘๐’–๐’“๐’„๐’‰๐’‚๐’”๐’Š๐’๐’ˆ ๐’‘๐’๐’˜๐’†๐’“ ๐’‰๐’‚๐’” ๐’…๐’†๐’„๐’“๐’†๐’‚๐’”๐’†๐’… ๐’ƒ๐’š 4.75 ๐’‘๐’†๐’“๐’„๐’†๐’๐’• ๐’…๐’–๐’† ๐’•๐’ ๐’‘๐’“๐’Š๐’„๐’† ๐’Š๐’๐’„๐’“๐’†๐’‚๐’”๐’†๐’” ๐’Š๐’ ๐’•๐’‰๐’† ๐’†๐’„๐’๐’๐’๐’Ž๐’š By Susmika Subba In December 2023, Bhutan’s Consumer Price Index (CPI) reported a noteworthy year-on-year increase of 4.99 percent, indicative of a measured uptick in the cost of living from the preceding …

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๐Ž๐๐ˆ๐๐ˆ๐Ž๐- ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐š ๐‚๐จ๐ซ๐ซ๐ฎ๐ฉ๐ญ๐ข๐จ๐ง-๐…๐ซ๐ž๐ž ๐๐ก๐ฎ๐ญ๐š๐ง: ๐€ ๐‚๐š๐ฅ๐ฅ ๐Ÿ๐จ๐ซ ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐Ÿ๐จ๐ซ๐ฆ๐ฌ

The release of Transparency Internationalโ€™s 2023 Corruption Perceptions Index (CPI) has brought attention to the global landscape of corruption, with Denmark leading for the sixth consecutive year. Bhutan, maintaining a commendable score of 68 and securing the 26th position among 180 countries, has experienced a slight drop in its ranking. This opinion critically examines key findings, assesses Bhutanโ€™s situation, and …

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