Sunday, June 8, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Vehicle orders gone down

April 14, 2012
in Uncategorized
Reading Time: 2 mins read
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

The number of customers buying vehicles has gone done drastically. According to the vehicle dealers in the country this follows the suspension of place order for vehicles by the Royal Monetary Authority. It was suspended during the second week of March as a measure to address the Rupee crunch in the country.

Later in the mid of March, the place order on dollar based vehicles were also suspended. This has been suspended as the “letter of credit” where the bank guarantees on behalf of the vehicle dealers, needs to send huge amount of Rupees to the international vehicle dealers. Right now the vehicle dealers are selling only those vehicles that have been ordered before the notification.

“Our main business is vehicles from India. We are expecting few vehicles, which we have ordered before the notification. So that may pull us through 1 to 2 months but after that then there will be no vehicles so our staff and all of us will be having nothing to do,” said Pema Lodey, Dy. General Manager, Bhutan Hyundai Motors.

The Managing Director of Samden vehicles said Rupee crunch has affected the nation as a whole. He said since the government is trying their best to solve the problem, he had no comments.

BBS tried to get in touch with other vehicle dealers but they refused to talk on camera. However, some people think this is something good that has come out of the Rupee crunch problem.

“I personally feel this will benefit the nation as a whole. People say we cannot buy vehicles because of Rupee problem but this will cut down air pollution since the number of vehicles has decreased,” said Denjay, a local resident.

“The place order on vehicle deals with a lot of outflow of Rupee from our country. And to get spare parts from Jaigon we need Rupee and to get rupee from our banks is very hard. So I think this will help solve Rupee shortage in our country,” said another Thimphu resident, Jigme Lhendup.

Till last month 790 vehicles were registered with the Road Safety and Transport Authority. The RTO said within two weeks the office has seen a drastic decrease in the number of people coming to register their vehicle.

Previous Post

Raidak-Lhamoizhingkha Highway construction might slow down?

Next Post

‘Doing Science for Fun’

Next Post

‘Doing Science for Fun’

Windstorm and hailstorm cause havoc

Historic Lhakhang in dire need of renovation

Please login to join discussion

RECOMMENDED NEWS

RCDC to conduct genome sequencing to monitor incursion of new variants within the country

RCDC to conduct genome sequencing to monitor incursion of new variants within the country

4 years ago
3
DHI plans to set up Power Trading Corporation in India

DHI plans to set up Power Trading Corporation in India

9 years ago
2

Lyonchhoen’s visit to Haa and Samtse questioned

13 years ago
1

Bhutanese taxis go missing in Assam

11 years ago
1

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (174)
  • Audience Survey Report (1)
  • Business (744)
  • Crime/Legal (367)
  • Culture (47)
  • Development (51)
  • Disaster (57)
  • Economy (278)
  • Education (413)
  • Entertainment (13)
  • Environment (61)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (9)
  • Health (622)
  • Legal (52)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,574)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (709)
  • Social (516)
  • Sports (449)
  • Technology (190)
  • Tourism (19)
  • Uncategorized (13,866)
  • Video (136)
  • Video Story (249)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • Phuentshogling Thromde installs reverse vending machine to promote recycling
  • Fixed deposit interest to be taxed at 10% under proposed Income Tax Bill
  • Yonphula Specialised Rehabilitation School to open next month
  • RMA to roll out seven new measures for loan repayment support
  • National Housing Strategy to be ready by September

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.