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EV taxi loan defaults reach Nu 41 M, BoB seizes five EV taxis

EV taxi loan defaults reach Nu 41 M, BoB seizes five EV taxis

An initiative designed to promote sustainability is, ironically, placing unsustainable pressure on banks. Bank of Bhutan alone has Non-Performing Loans amounting to over Nu 41 M from more than 30 EV taxi owners. The bank has already seized five taxis as part of its loan recovery measures. As of March this year, some 32 EV taxi owners have failed to...

Nimazor farmers shift to ginger farming after citrus greening wipes out orange orchards

Nimazor farmers shift to ginger farming after citrus greening wipes out orange orchards

Farmers of Nimazor village in Tsirang’s Rangthangling Gewog now grow ginger as their main source of livelihood. Most households in the village turned to large-scale ginger cultivation after citrus greening destroyed their orange orchard, which was once their primary source of income. Although a good alternative, marketing the rhizome is a challenge for the farmers. It is harvest season but...

Commuters urge contractor to expedite Dunglagang-Kilkhorthang road restoration, Tsirang

Commuters urge contractor to expedite Dunglagang-Kilkhorthang road restoration, Tsirang

Restoration work along the Dunglagang-Kilkhorthang district road in Tsirang is causing inconveniences and disrupting traffic flow. Commuters are urging the contractor to expedite the work. They said that despite the closure of the old road, actual construction work has yet to begin. Currently, only the foundation cutting for the project has been completed, and a few truckloads of boulders have...

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