Rising household, EV and industrial consumption expected to reshape electricity demand over the next decade Bhutan’s electricity demand is expected to rise sharply over the next five to ten years, driven by growing residential consumption, electric vehicles, industrialization and the construction of new hydropower projects. According to the Ministry of …
Read More »MoICE says 65,000-job target hinges on growth of 10 priority sectors
Ministry says 1,287 industrial projects approved in 2025 have potential to create 8,072 jobs, while skills mismatch and access to finance remain key challenges According to the Ministry of Industry, Commerce and Employment (MoICE), the target of creating more than 65,000 new jobs by 2035 is based on the anticipated …
Read More »Private sector must step up as government reforms: MoICE
In response to a question on what the private sector can do the Minister of Industry, Commerce and Employment (MoICE) Namgyal Dorji stated that meaningful economic change cannot come from government reforms alone, stressing that the private sector must also adapt, take greater responsibility and play a stronger role in …
Read More »USD 100 SDF concession review recommendation to be submitted next week
Indian tourists to retain Nu 1,200 SDF until September 2028, while Phuentsholing tourism waiver remains unchanged The Ministry of Industry, Commerce and Employment (MoICE) has completed a comprehensive review of the 50 percent Sustainable Development Fee (SDF) concession of USD 100, which is due to expire in August 2027. The …
Read More »Venture fund being restructured to align with GMC opportunities
The proposed venture fund is being restructured as the government explores a model that can better serve Bhutan’s long-term interests and take advantage of opportunities emerging from Gelephu Mindfulness City (GMC). The Minister of Industry, Commerce and Employment (MoICE) said that the initial proposal was to establish a USD 50 …
Read More »Tourist arrivals rise only slightly in August, reaching 10,486
Tourist arrivals to Bhutan increased slightly in August, with 10,486 visitors recorded during the month, according to the Department of Tourism’s August 2026 Monthly Tourism Bulletin. The figure represents an increase of 476 visitors compared with August 2025, when 10,010 tourists visited Bhutan. This translates to a year-on-year increase of …
Read More »BRPR consultations identify 399 regulatory issues across 19 dzongkhags
Nationwide consultations also roll out Tourism Minimum Facility Initiative to improve standards at tourist destinations The Ministry of Industry, Commerce and Employment (MoICE) conducted a nationwide consultation series from 31st July to 15th August 2026, under the Business Regulatory Process Review (BRPR), identifying 399 distinct issues raised by businesses and …
Read More »DHI’s RISE initiative focuses on efficiency, growth and innovation
The initiative aims to simplify business processes, accelerate digital transformation and strengthen the organization’s ability to adapt to changing business needs Druk Holding and Investments (DHI) is implementing the RISE initiative to strengthen its business operations and support sustainable growth across the organization. The initiative focuses on seven key objectives, …
Read More »Digital payment classification aims to improve tax transparency
The Department of Revenue and Customs (DRC) has rolled out a new digital payment classification framework aimed at improving transparency and clarity in digital transactions by distinguishing payments made for business purposes from genuine personal transfers. The framework comes amid concerns that business and personal transactions are sometimes mixed together. …
Read More »Tourism rebounds but hotel capacity rises ahead of demand
The number of tourist accommodations in Bhutan has increased since the pandemic, but concerns remain over whether the growth in hotel capacity is keeping pace with the recovery in tourist arrivals. According to the Bhutan Tourism Monitor 2019, Bhutan had 309 classified accommodations before the pandemic, including 17 five-star hotels, …
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