BUSINESS

Deceptive practices impact goBoB users who are not careful

goBoB, a product by Bank of Bhutan (BoB), that serves as a digital wallet allowing users to store funds and make electronic transactions, is being used by swindlers to deceive individuals Officials from the Royal Bhutan Police (RBP) shared that the deceptive practices related to goBoB are on the rise. …

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HM Confers Red Scarf to Yab Dhondup Gyaltshen

His Majesty The King conferred Red Scarf to Yab Dhondup Gyaltshen, Her Majesty The Gyaltsuen’s father on 5th March 2024. Now the Chief Pilot at Drukair, Yab Dasho Dhondup Gyaltshen has served in the national airline for 35 years, and spearheaded a multitude of timely initiatives to further Bhutan’s aviation …

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What surging Bitcoin prices mean for Bhutan

After hitting a low of USD 16,452.20 on 25 November 2022 Bitcoin has seen a continuous mostly upwards rally from January 2023 with an even sharper rally from mid-October 2023 onwards that has only gone up and up reaching its highest ever price of USD 67,558 as of 8 March, …

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Thimphu reports rise in burglary and larceny cases

The Royal Bhutan Police (RBP) has noted a concerning increase in crimes against property, particularly burglary and larceny cases in the capital city. In the latest statistics provided by RBP, there have been 19 reported cases of burglary this year, with 11 cases detected leading to 17 suspects’ arrests. Additionally, …

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Govt initiates comprehensive review of reducing red tape for businesses to boost economic growth

In a strategic move aimed at fostering a more business-friendly environment and stimulating economic growth, the Ministry of Industry, Commerce, and Employment (MoICE) has initiated a comprehensive review of business regulatory processes. The decision comes in response to concerns raised by the private sector regarding bureaucratic hurdles and inefficiencies, highlighting …

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BNB’s Valentine’s Day

On the special day of love, 14th February, BNB Corporation expressed their heartfelt gratitude to the esteemed customers who have been celebrating with them as their incredible community of consumers. To commemorate this occasion, BNB invited people to visit their office at Chubachu, Thimphu, where people got a special gift …

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