BBSCL

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...

The country’s economy is expected to grow at 8.5 per cent this year, according to the Asian Development Outlook released today. The Asian Development Bank’s report revealed that the growth is driven by major hydropower projects and a recovery in the tourism sector. According to the Asian Development Outlook, the industry sector will be the key driver of the country’s...

Over 550 landowners in Samtenling Gewog, Sarpang, are preparing to make way for the construction of the Gelephu International Airport. With around 1,400 acres falling under the project area, they have three choices: land replacement, tokenisation(similar to leasing) and monetary compensation. Meanwhile, government offices located in the area are also getting ready to vacate their premises. The construction of the...

Seven students of Tashithang Middle Secondary School in Samtse’s Tading Gewog have tested positive for Tuberculosis. Health authorities say the cases are under control, and all affected students are being monitored closely. Meanwhile, the district health team continues its screening programme across schools in Samtse. Tashithang Middle Secondary School in Samtse has reported seven confirmed cases of Tuberculosis in one...