BBSCL

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responsible for processing the refunds, are encountering several complications caused by changes in vehicle ownership, outdated contact information, and alleged discrepancies in the amounts.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...

Orange growers and traders in Samdrup Jongkhar are experiencing a successful season, with prices reaching a record high of Nu 2,000 per crate. This price increase is the highest recorded to date, bringing hope and optimism to the local community and boosting livelihoods in the region. The orange depots at Samdrup Jongkhar are busy these days, with workers packing the...

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...

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...