BBSCL

The Chief Minister of Assam, Himanta Biswa Sarma, announced plans to develop infrastructure projects in the Indian state to complement the Gelephu Mindfulness City. Speaking to the Indian media yesterday, Minister Sarma said that Assam's objective is not to create a twin city or compete with Bhutan. The chief minister was among the high-profile guests at the 117th National Day...

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...

The country’s balance of payments for the first quarter of the 2024-25 financial year has been revised down by four per cent to Nu 12.5bn, primarily due to a growing trade deficit driven by rising imports. The balance of payments measures the net flow of money into and out of the country over a given period. Despite this revision, the...

The Bhutan Chamber of Commerce and Industry or BCCI, has raised concerns regarding the government’s recent decision to disburse Economic Stimulus Programme loans through the Bhutan Development Bank. At a recent Private Sector Press Conference, the BCCI shared challenges such as the loans not covering many in the private sectors. Earlier this month, the government mandated that loans under the...