BBSCL

Rice production in the country has been on the decline due to high labour demands, low financial returns, and market challenges. Many farmers struggle to sell their harvest at competitive prices, leading to financial losses and reduced interest in cultivation. In a bid to revive declining rice production, the Farm Machinery Corporation Limited will be making all 20 rice varieties...

As the country embraces digital payments, the financial sector is evolving gradually. According to the Central Bank’s quarterly payment system report, the last quarter of last year saw a sharp rise in QR code transactions, while traditional banking methods continued to decline. According to the report, QR code transactions surged by almost 22 per cent, reaching nearly 33 million transactions...

The Competition and Consumer Affairs Authority (CCAA) received 129 complaints in the 2023-2024 financial year related to inflated prices, defective goods, and deceptive sales practices. According to the authority's annual report, the office had imposed fines totalling Nu 1.2M  and shut down some businesses. Of the 129 complaints received, more than half were related to breaches of terms and conditions...

For nearly three years, residents of Traling in Monggar town have struggled with a lack of parking space. With no designated area, vehicles are being left in unsafe and poorly lit spaces, away from their homes. Tenants and homeowners have been raising concerns with local authorities but to no avail. Residents did not have enough parking areas after a footpath...