With the downtrodden economy and private sector growth stagnation, and layers of implications due to a large number of people leaving abroad, and the hotel and service sector down, brings in the question of whether we are graduating at the right time. The Least Developed Countries (LDCs) are developing countries that have the …
Read More »ECB asks political parties to submit manifestos by 28 September for evaluation
With the upcoming National Assembly Elections, the Election Commission of Bhutan (ECB) is to regulate party manifestos. According to ECB, with regard to parties’ manifestos and campaign pledges, in the past, the mandate for reviewing these documents was placed directly under the purview of ECB. There have been instances in …
Read More »Cottage and Small Industries (CSI) continue to face multiple challenges
In an era marked by rapid globalization and economic evolution, one factor remains consistent: Cottage and Small Industries (CSI) represent a staggering 95 percent of the Bhutan’s industrial output. The Department of Cottage & Small Industry (DCSI) was established under the Ministry of Economic Affairs (MOEA) in July 2010. One …
Read More »Some FIs and parts of the private sector discuss pay hikes
With the 50-74 percent pay hike given for the civil servants since July, the private sector is also gearing up for a pay hike, starting from financial institutions (FIs) to small companies, and even Non-Governmental Organisations (NGOs). The Bhutan Chamber for Commerce & Industry (BCCI) will be increasing the pay …
Read More »Hotel industry still struggling
In the wake of the COVID-19 pandemic, the once-thriving hotel industry finds itself grappling with unprecedented challenges, such as low recovery rate from the pandemic, new policies implemented for the tourists, and adjusting with the latest trend which is a shift towards working with lean workforce. Despite initial hopes in …
Read More »Bhutan’s rice problem
Amidst the recent embargo on the export of non-basmati rice from India, Bhutan stands at a pivotal juncture in its quest for rice self-sufficiency. The ban has sparked concerns within Bhutan, where rice is a dietary staple enjoyed at every meal, and India has traditionally been a major source of …
Read More »Tour operators across the country not optimistic about upcoming travel season
In a time when the travel industry should be gearing up for a comeback, tour operators across the nation find themselves mired in uncertainty and doubt. As the anticipated travel season approaches, a widespread feeling of negativity is present throughout the industry, with challenges ranging from the border tour operators …
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The Bhutanese Leading the way.