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CIBs to enhance credit facility

Credit Information Bureaus (CIBs) will function to provide a gamut of credit facilities including storing and processing information related to the credit exposure of all borrowers/clients in the financial system. This will make data available for the purpose of performing central bank’s supervisory and regulatory function while ensuring the confidentiality of

Pasakha industries resume exports

Though the customs office at Jaigaon has moved to online taxation system, most of the work is still done manually  Following a week-long halt in exports due to Goods and Services  Tax (GST) implementation hassles, industries in Pasakha have resumed business as usual. Though GST formalities are still completed manually, more than

37 arrested for gambling

Thimphu police arrested 37 people involved in 10 gambling cases this year alone. According to the police, the latest arrest involving three people was made on July 2. Of the total arrested, 32 were male and five female. Of the 10 cases, eight involved playing cards and two dice. Police said that three

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