15,602 registered Bhutanese living abroad and many more leaving but actual numbers could be double PM and OL not in favour of Bhutan becoming dependent on remittances Bhutan’s remittance from Bhutanese abroad in 2020 at Nu 8.269 billion (bn) was larger than the total tariff paying tourism foreign exchange earnings …

Twenty one COVID-19 cases of the Omicron variant have been detected in India so far.  There are more suspected cases in India who are quarantined with their genome reports awaited in the coming days. The WHO in a statement on Friday said that Omicron had been detected in 38 countries …

In a recent meeting between the Royal Monetary Authority (RMA) and board of T-Bank, a board member asked the RMA Governor if Financial Institutions (FIs) can give dividends for 2021. However, the Governor replied in the negative saying this is not the right time to give dividends especially with the …

Ever since the start of the pandemic in March 2020, Bhutanese have been the recipient of an extraordinary monetary assistance firstly in the form of the Interest Payment Support Kidu from His Majesty The King, followed by a blanket loan deferral for more than two years from March 2020 to …