BBSCL

Bitdeer launched its second-largest Bitcoin mining data centre at Jigmeling in Sarpang on Tuesday, adding to Bhutan's growing digital asset mining sector. The 500-megawatt facility, which began phased operations on Tuesday, is set to reach full-scale operations by next year. The project, Bitdeer Jigmeling Private Limited, is a collaboration between Bitdeer and Druk Holding and Investments (DHI). GMC Governor Dasho...

The revenue from Personal Income Tax increased by nearly one billion ngultrum this time. As of March this year, more than 70,000 taxpayers have filed their Personal Income Tax. As of 31st March, the total personal income tax revenue for the income year 2024 amounts to Nu 2.9bn. In 2023, it was Nu 2bn and almost the same amount in...

Unclaimed green tax refunds of nearly Nu 4.9 M have been transferred to the government’s escrow account. During the Meet The Press session today, Finance Minister Lekey Dorji said some vehicle owners did not collect their refunds within the designated time frame. However, the government is allowing three years for vehicle owners to claim their refunds. 11 vehicle dealers were...

Clothing and handicraft vendors operating their businesses near the Centenary Farmers’ Market in Thimphu are struggling with dwindling customers due to the ongoing Kuendelling Bazam renovation. While Thimphu Thromde has set a 15-month deadline for the bridge’s completion, shopkeepers said they were not adequately informed about the project’s impact and relocation plans. The bridge reconstruction will cost Nu 33 M....