Among the many business fronting cases reported, it is perhaps the business license to run a bar that is the most audacious as some are being advertised online in the social media for sale.  A senior trade officer, Dhurba Giri, said bar license is a legal document and it cannot …

A 27-year-old, Yeshi Choden started her business Yeechun Creations on 13th January 2018 She first started Yeechun Creations as a hobby and never intended to turn into an enterprise. She said, ‘’This whole art actually acted as a way to release stress and I loved the idea of creating something …

Although public notifications have been sent by the Office of the Consumer Protection (OCP) a few months ago cautioning the people to refrain from taking part in pyramid like schmes, , however, thousands of youth who have graduated from colleges are signed up in the an alleged pyramid scheme business …

During the Friday Meet, the Finance Minister was asked if the ministry is doing something to ensure access to credit and reducing Non-Performing Loan (NPL) as a custodian of REDCL which is a state owned enterprise. The Finance minister said that the government is going very strong on establishing a …

This is after NC’s call to not lift the mining moratorium until te Act is passed During the Friday Meet held yesterday, the Prime Minister was asked on the lifting of the mining moratorium despite the letter sent to the government by the National Council (NC) to continue implementing the …

Tenzin Sports Complex (TSC) located in Serbithang is the only private sports complex in Bhutan so far. The sports complex opened to the public in August last year. The complex has an indoor FIFA certified futsal Astro turf costing USD 10,000 and it alone has been generating much income. The …

The National Assembly (NA) took the step and approved the removal of section 213 and 214 of the Penal Code of Bhutan, that criminalizes ‘unnatural sex’ and also prescribes a punishment for it, on 8 June, 2019 after the finance minister, Namgay Tshering, addressed the need to remove the section. …

Bhutan Crowd Funding, initiated by the Royal Securities Exchange of Bhutan (RSEB) and supported by the Royal Monetary Authority of Bhutan, is licensed to operate the first crowd-funding portal under the Crowd Funding Rules and Regulations 2019. The license was issued during the BEFIT 2019 under the theme of catalyzing …

Home Minister and RICBL officials have appealed to high court In what came as a major shock to the DNT government, the Thimphu Dzongkhag court on 27th August convicted Home Minister Dasho Sherub Gyeltshen to two months in prison for falsely claiming vehicle insurance worth Nu 226,546. The crisis is …

Economic Affairs Minister, Lyonpo Loknath Sharma, signed the Annual Performance Agreement (APA) with the Prime Minister (PM) on 21st  August.  The ministry is set to focus on the private sector development and economic diversification this fiscal year as its topmost priorities. PM said that through the two listed priorities, the …