BBSCL

The Thimphu District Court’s criminal bench has sentenced 39-year-old Sonam Norbu, the founder of VTOB Foundation to nearly 15 years in prison for the voluntary manslaughter of 24-year-old Namgay Dolkar. The incident occurred in August last year, and the judgment was passed today. Although the Office of the Attorney General initially charged him with murder, the prosecution could not prove...

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...

Despite Bhutan’s goal of boosting the digital economy to contribute USD 300M to GDP by 2029, the IT sector remains ineligible for loans under the Economic Stimulus Programme. The Finance Minister explained that ESP loans are focused on sectors that directly support production and import substitution, categorizing the IT sector as part of the excluded services. As of last month,...

To promote locally made products both domestically and internationally, a new Cottage and Small Industry or CSI Market is now opened in Samdrup Jongkhar. This is the third such outlet in the country, with others located in Thimphu and Paro. More than 80 products are now available at the CSI Market, offering a diverse range of locally made products. The...