Currently, the country’s economy is not doing well, as we are saddled by high inflation, high cost of living, decrease in the purchasing power, attrition, businesses drying up, and less consumer spending. This leads to the question, are we going through an undeclared recession? A recession, in simpler terms, is …

The National Council election campaign period began on 14 March and ends on 18 April 2023.  There are 2 candidates for Gasa. Dorji Khandu, 37, is the incumbent NC member from Gasa, and he is re-contesting. “For the past decade, Gasa has been represented by the most seasoned and high-caliber …

Punakha currently has 5 candidates.  Lhaki Dolma (44) will be re-contesting this election. She holds a Bachelor’s Degree in Language and Cultural Studies, and a Post Graduate Degree from Royal Institute of Management (RIM) in Development Management. One of the few female politicians, Lhaki, with her experience of having served …

Under the Royal Monetary Authority’s (RMA) monetary measures IV, hotels and restaurants (tourist standard/budget) got deferment of loan repayment for up to 2 years in June 2022 till June 2024 as they were identified as high risk being severely affected by the pandemic. There is just another year of deferment …

Royal Monetary Authority (RMA) has lifted the cooling or observation period and made some changes to the directives on treatment of non-performing loans (NPL). NPL is a loan which has not been paid for 90 days or more. RMA in the month of September and October laid strict guidelines for …

T-bank has resumed its education loan for students who are opting to study outside from 4th March. Under Royal Monetary Authority’s new education loan scheme, T-Bank will be once again sanctioning special education loans similar to that of other banks. T-bank had to suspend its education loan as it had …

Generally, there is a prejudice that students who study humanities usually have trouble getting employed. Royal University of Bhutan (RUB) will be doing away with humanities subjects in government colleges and is replacing it with more technical courses to make students more employable and relevant to the job market. However, …

Samuh in collaboration with Bhutan National Bank (BNB) launched Saya Dakpo- The Bhutanese Millionaire. Saya Dakpo is a reality show which is essentially a quiz game where one can participate to earn money. Inspired by other similar games, it is a unique show incorporating the uniqueness of Bhutan. It will …

With lower numbers of incoming tourists, guests staying over at hotels have decreased largely with some hotels claiming to have decreased occupancy rate by 50 percent, and some are running on a loss. Department of Tourism certified hotels like Park Hotel in Phuentsholing claims that with lower numbers of guests, …

In the month of January 2023 figures from Australia’s Home Affairs Department shows that exactly 2,000 Bhutanese got education visas. Prior to that in six months from 1 July to 31st December 2022, 6,497 Bhutanese got education visas. This means that a total of 8,497 Bhutanese got education visas in …