Goods and Services Tax (GST) Act that was passed in the Third Session of the Parliament in 2020, meant to be implemented by July 2021 will now be deferred. Finance Minister, Namgay Tshering, proposedto defer the implementation of GSTfor another one year, and the deliberation is to be tabled in …

During the Question and Answer Session at the National Assembly (NA) yesterday, MP of Nanong-Shumar constituency asked a question to the Finance Minister on whether the National Work Force Wage Rate will be increased to Nu 450, as pledged by the government. Finance Minister, Namgay Tshering, said when the government …

The most common social attack worldwide, Social Engineering Attack (SEA) is also common nowadays in Bhutan.  SEA is a trick to manipulate people into making security mistakes or sharing sensitive information which is a very simple method used by the scammers. Bharat Gurung, Information Security Division of Bank of Bhutan(BoB) …

The National Credit Guarantee Scheme has seen more than 300 applicants for the scheme in various banks out of which 81 were approved consisting of 16 females and 65 males with different business ideas.  As of 12th May, the total approved loans amounts to Nu 274.5mn for 29 approved projects …

Enterprises and stores in Thimphu are experiencing shortages due to the lockdown in Phuentsholing and businesses are worried that that the new system of only 120 Indian trucks a day in Mini Dry Port (MDP) might affect their business even more. Chencho, Finance Officer of State Trading Corporation of Bhutan …

Movement of goods in and out of Phuentsholing has opened but with a revised and stringent system. The trucks driving from Sorchen downwards will be escorted by the Dessups straight to the MDP. Tashi Dorji, Desuup Gojey of Phuentsholing said that in collaboration with Road Safety and Transport Authority they …

Bhutan’s popular film industry has incurred remarkable losses, as new film releases are postponed, film shootings are halted and theatres are unable to screen movies. Tshering Gyeltshen an actor and a film producer said the pandemic has upended the film industry. He said the fact that cinema halls are very …

The music industry in Bhutan has a large audience with millions of view on YouTube and attracts people who have a passion for singing, composing songs and creating music. However, many find it hard to make a living out of such a passion, and the industry is in a dire …

With the address from the Prime Minister on 22nd April conveying the command of His Majesty on the continuation of the Relief Kidu for an additional period of 15 months from April 2021 for people who continue to face difficulties because of the COVID-19 pandemic, 7,374 borrowers have registered for …

Debsi under Chang gewog has been a hotspot for land price speculation and construction boom. Its proximity to the capital city drew many people to invest in land and housing there, suitable to the needs and aspirations of an urbanized population but it has suffered from an unclear status as …