BBSCL

New companies with just a year of operation can now enter the stock market and raise funds by selling shares. The Corporate Regulatory Authority announced this reduction in Operational Track Record requirements earlier this month. Previously, companies needed to be in the business for at least two years before offering shares to the public. If a company wishes to raise...

There are numerous inquiries from car buyers following the government’s recent notification directing eleven car dealers to refund excess green tax charges to their customers. These dealerships, now responsible for processing the refunds, are encountering several complications caused by changes in vehicle ownership, outdated contact information, and alleged discrepancies in the amounts. While some have processed refunds, others are still...

Come June, some 70 households in Tsangkha Gewog of Dagana will have access to sufficient irrigation water. The ongoing irrigation project is set to address the irrigation water shortage in the area. More than half of the project is already completed. The new irrigation water is sourced from Budhichhu. Besides Gungpa Samchu, the facility will benefit Zinchila and Paateykha chiwogs....

The Bhutan Food and Drug Authority has seized and disposed of nearly 2,030 bottles of expired Samyang sauce from 50 shops across 10 districts. The shops were found selling the product with fraudulent, relabelled manufacturing and expiry dates. Since this was their first offence, the BFDA issued them a warning and did not impose a fine. They were caught during...