Gewog initiative aims to reduce reliance on imported oil as farmers expand mustard cultivation Metakha Gewog in Chukha has stepped up efforts to produce mustard oil locally as part of an initiative to reduce dependence on imported edible oil and strengthen local agricultural production. The gewog administration, in collaboration with …

The Annual Cordyceps Auction 2026 recorded the transaction of 300.16 kilograms (kgs) of cordyceps across eight auction centers, with 73.02 kgs sold through auction and 227.15 kgs withdrawn. According to the auction records, the withdrawn quantity accounted for 75.67 percent of the total quantity transacted. The withdrawal was mainly attributed …

During heavy rainfall, particularly during the monsoon season, drains along the stretch from Changzamtog school to NoNo Furniture shop in Thimphu tend to overflow as increased surface runoff puts additional pressure on the existing drainage system. The overflow can result in water accumulating along roadsides and low-lying areas, affecting pedestrians, …

Dorji Namgyal Rinchhen has taken over as the Chief Executive Officer of Bhutan National Bank (BNB), assuming leadership of one of Bhutan’s established commercial banks as the financial sector undergoes rapid digital transformation and faces changing customer expectations. Dorji Namgyal Rinchhen previously served as BNB’s Director of Customer Experience, a …

The Royal Monetary Authority of Bhutan (RMA) and NPCI International Payments Limited (NIPL) launched the second phase of the Bhutan-India cross-border QR payment interoperability project on 17th September, enabling Bhutanese users to make QR payments at merchant establishments in India directly through their domestic mobile banking applications. The initiative builds …

Industry body proposes changes to lending rules, collateral requirements and working capital financing to support businesses and manufacturing Improved liquidity in the banking system has not translated into proportionate improvements in access to credit, according to the Association of Bhutanese Industries (ABI). ABI said liquidity and access to finance are …

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 …

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 …

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 …

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 …