BBSCL

The Wangdue Phodrang District Court imposed a fine of Nu 5,750 on Kazhi Gup yesterday for the death of a 50-year-old man in June this year. According to the judgment, the accused was found guilty of culpable driving, driving without a valid driving licence and exceeding the gross height of load limited for a light vehicle. The accused was charged...

Bitdeer, a Singapore-based blockchain and high-performance computing company, said that its 500-megawatt Bitcoin mining facility in Jigmeling, Sarpang, will be fully operational by mid-to-late next year. The company, listed on the NASDAQ stock exchange, operates data centres in the United States, Norway, and Bhutan. Bitdeer and Druk Holding and Investments (DHI) entered into a strategic partnership last year to establish...

The Royal Audit Authority (RAA) reported irregularities worth almost Nu 4bn in the financial year 2023-2024. This is an increase of nearly a billion ngultrum compared to the previous financial year. This is according to the authority's latest annual report, which was launched today. However, the overall trend over the past four years shows that the trend of irregularities has...

The government will collaborate with the RMA and other stakeholders to enhance transparency and accountability and reduce fraud risks in the financial sector. Finance Minister Lekey Dorji said this while responding to questions during the National Council’s question hour session today. Monggar MP Tshering Wangchen questioned the minister on accountability in financial institutions, measures to strengthen monitoring systems, strategies to...