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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...

Agriculture Research and Development Centre develops high-yielding walnut saplings, hot callusing technique increases success rate

Agriculture Research and Development Centre develops high-yielding walnut saplings, hot callusing technique increases success rate

The Agriculture Research and Development Centre in Wengkhar, Monggar, has found a new way to raise high-yielding grafted walnut saplings with a higher success rate. Walnut saplings raised using the new-found technology can bear fruits within three to four years. This is expected to reduce the import of walnut saplings, especially for the million-fruit-tree plantation project. Currently, the country imports...

Senior citizens’ picnic offers refuge from loneliness and isolation

Senior citizens’ picnic offers refuge from loneliness and isolation

Amid growing loneliness and social isolation among the elderly, driven by changing family structures and rising migration, more than 200 senior citizens came together for a picnic at Tsaluna in Thimphu. The gathering offered a chance to reconnect, not only with each other but also with the younger generation. Over shared meals and laughter, they found joy in companionship and...

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