BBSCL

Bhutan’s electric vehicle taxi initiative has spiralled into confusion, with millions in subsidies unaccounted for and dozens of EV taxis still undelivered. Now, the Prime Minister has stepped in, ordering the Cabinet Secretariat to launch an urgent investigation into the matter. The ambitious “Sustainable Low Emission Urban Transport Systems” project targeted to replace 300 fuelled taxis with electric vehicles by...

After four rounds of negotiations, Bhutan and Thailand signed the Free Trade Agreement today. The agreement allows the two countries to trade goods without paying customs duties on each other’s products. A customs duty is the tax imposed on imported goods. Thailand is the fourth largest trading partner of Bhutan. Ahead of the Sixth BIMSTEC Summit, which starts tomorrow, Industry,...

The Chhukha Dzongkhag Tshogdu has recently proposed the construction of a new 20-bed  hospital in Tsimalakha, following growing concerns over the deteriorating condition of the current facility. Health officials presented two options: either to construct a new 10-bed hospital or to repair the existing 20-bed hospital. The existing 20-bed hospital, which was constructed many decades ago, lies in awful condition...

Bhutanese entrepreneurs and businesses will benefit from equity financing as the government moves to foster a dynamic startup and innovation ecosystem. In line with its commitment of USD 100 M, the government will soon sign an agreement with a globally renowned venture capital firm. The Minister for Industry, Commerce, and Employment said that an open, accessible, and transparent application process...