BBSCL

With the country facing increasing natural disasters driven by climate change, Bhutan’s disaster preparedness remains inadequate. This is according to the World Bank’s recent "Crisis Preparedness Gap Analysis" policy brief. This year alone, Bhutan has already experienced around five reported forest fire cases and an earthquake, highlighting the natural hazards the country is vulnerable to. According to the document, the...

The Royal Monetary Authority's 2024 annual report reveals that inflation in Bhutan has dropped to one of its lowest levels last year since the COVID-19 pandemic. The figure fell to 2 per cent as of August from 5.7 per cent in the same month in 2023. This decline, largely driven by falling fuel prices and slower increases in non-food costs,...

The tax season has begun and over 300 businesses in Thimphu have already filed their Business Income Tax through tax intermediaries. Launched as a pilot project last year, the initiative is gaining positive feedback from taxpayers. By streamlining the process, tax intermediaries have made filing more accessible and efficient for taxpayers. The Department of Revenue and Customs trained 90 tax...

In Trashi Yangtse, the 12-kilometre stretch from Buyang to Yangtse town remains narrow, without any widening. With an increasing number of vehicles on the single-lane Primary National Highway, commuters are expressing growing safety concerns. They are urging the relevant authorities to widen the road. Although the road is blacktopped, the single-lane road raises safety concerns with the increasing number of...