BBSCL

People occupying government housing in Thimphu must now adhere to a new set of conditions if they want to continue to occupy the shelter. The tenants and their spouses must not own property in Thimphu Thromde and their combined gross income must not exceed the threshold set for the housing category. To be eligible for Changjiji Housing Unit, the gross...

Oro Bank, the official bank of Gelephu Mindfulness City, has extended the deadline for the Gelephu International Airport Fixed-Term Deposit (FTD) programme until the end of March next year. The bank made the announcement today. This programme allows Bhutanese living overseas to invest in the development of Gelephu International Airport. The original deadline was due to expire tomorrow. The bank...

The deadline to apply for loans under the Economic Stimulus Programme, ending tomorrow, will not be extended. However, for the Window I Concessional loans, if funds remain, the Bhutan Development Bank will reopen applications. Same applies to Window-II Reinvigoration Fund, but will be announced by all seven Participating Financial Institutions. The ESP loan which started receiving its application beginning September...

To address the public construction quality issues, the Infrastructure and Transport Ministry plans to set up a separate mobile monitoring unit under the Prime Minister’s Office. According to the Infrastructure and Transport Minister, the unit will visit major construction sites and inspect the quality of work. The Royal Audit Authority’s latest report recorded 139 cases of poor construction works during...