BBSCL

Non-performing loans or NPLs with the financial institutions surged to a staggering more than Nu 8bn by October this year. This is a jump of over Nu 1.16bn in just a year. Of the sectors, trade & commerce tops the list while the forestry and logging sector saw a sharp decline. Any loans that are overdue by 91 days or...

The Royal Audit Authority has referred four fraud and corruption cases concerning the Thimphu Thromde in the 2023-2024 financial year to the Anti-Corruption Commission (ACC). These cases included unauthorised granting of e-PEMS access to accountants, as well as discrepancies in non-revenue receipts. Additionally, potential misappropriation of funds and deposit of government funds into personal savings accounts, among other issues were...

The Department of Labour recorded four deaths at workplace in the fiscal year 2023-2024 with two cases each in Thimphu and Wangdue. An additional 13 injuries were reported from seven other districts. A significant discrepancy is observed between the number of cases reported to the department and the one reflected in the Annual Health Bulletin which noted over 21,000 injury...

Access to water is essential for daily life, but not everyone has it 24/7. In Khainorong Village of Samdrup Jongkhar’s Gomdar Gewog, residents have been struggling with severe drinking water shortages. Their only water supply system, built 20 years ago, has never been upgraded, leaving the community desperate for a solution. The water supply has become inadequate with no major...