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Crime rate drops, domestic violence cases rise: RBP statistics

Crime rate drops, domestic violence cases rise: RBP statistics

Call it the result of heightened awareness or cases going underreported, the country witnessed a slight decrease in the overall crime rate over the past two years. The Royal Bhutan Police’s latest statistics show that the decline was mostly observed across offences such as substance abuse, illicit trafficking of narcotic drugs, psychotropic substances, cannabis, and larceny. However, the data also...

Stock market participation soars: transactions increase tenfold since 2018

Stock market participation soars: transactions increase tenfold since 2018

The Royal Securities Exchange of Bhutan, RSEBL, is seeing increased stock market participation. The stock market recorded more than 25,000 transactions last year.  This means investors have bought and sold stocks more than 25,000 times. It is a 30 per cent rise compared to 2023. The surge is attributed to improved accessibility to the stock exchange market through the m-CaMS...

DRC’s new tax intermediary pilot programme receives positive feedback

DRC’s new tax intermediary pilot programme receives positive feedback

The tax season has begun and over 300 businesses in Thimphu have already filed their Business Income Tax through tax intermediaries. Launched as a pilot project last year, the initiative is gaining positive feedback from taxpayers. By streamlining the process, tax intermediaries have made filing more accessible and efficient for taxpayers. The Department of Revenue and Customs trained 90 tax...

DGM calls for preparedness and strengthening earthquake-resilient building codes

DGM calls for preparedness and strengthening earthquake-resilient building codes

The recent Tibet earthquake with its tremors felt across the Himalayas was a cause for alarm for Bhutan. While the quake had only triggered an avalanche in Lunana, the Department of Geology and Mines emphasises that adhering to earthquake-resilient building codes is crucial for withstanding future seismic shocks in major towns. The earthquake-resilient building codes are systematically implemented in Bhutan...

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