The Bhutan Living Standard Survey and the Poverty Analysis Rate 2022 carried out by National Statistics Bureau (NSB) found with the total population estimated at 650,118, 39 percent are residing in urban areas whereas 61 percent are in rural areas, and the overall sex ratio is 95 males per 100 …

We often hear that living in Thimphu is very expensive, and more so with the increasing rate of inflation. Looking at the Consumer Price Index (CPI) shared by the National Statistics Bureau, the purchasing power of Ngultrum has gone down. Currently, Nu 100 in November 2022 is worth Nu 60 …

On 27 December, the 720 MW Mangdechu Hydroelectric Power Project was officially handed over by the Mangdechu Hydroelectric Power Project Authority (MHPA) to Druk Green Power Corporation (DGPC), Bhutan. The handing over ceremony was witnessed by the Minister for Economic Affairs, Lyonpo Loknath Sharma, and the Ambassador of India to …

Globally, the world’s biggest economies are already showing signs of recession.According to International Monetary Fund, the global economy’s growth is forecast to slow from 3.2 % in 2022 to 2.7% in 2023. Bhutan’s economy declined due to the pandemic with service sectors especially the tourism sector being highly affected. The …

The Bhutan Chamber for Commerce and Industry (BCCI) said that the Royal Monetary Authority’s (RMA) strict guidelines for non-performing loans (NPL) has impacted the business sector of the country and they will be appealing to the RMA to ease the guidelines on behalf of the business sector. An NPL is …

The COVID-19 pandemic continued with its onslaught on slowing down the economic growth. The economy is still in its recovery mode. In the month of May, labour import and use were made more liberal to help revive the economy. The Royal Monetary Authority (RMA) froze loans of BDBL, RICBL, and …

The Royal Institute of Management (RIM) in collaboration with the Royal Civil Service Commission (RCSC) will be deploying a skill based modular courses with blended learning replacing the year-long post graduate studies, which is being implemented in 2023, in time for the new batch of selected graduates for civil service. …

There are thousands of college graduates from 10 colleges and 2 private colleges affiliated to the Royal University of Bhutan (RUB) entering the job market each year. Apart from the civil service, many find employment in the corporate sector and the private sector. But the graduates from the College of …

Thimphu is filled with much excitement these days, and it is due to the buzz of 115th National Day festivities in the capital. Most people ask, “Have you registered for the National Day celebrations? I’m so excited to go.” Those who were not able to use the Bhutan App, had …

Notable research done globally have found that climate change has wide ranging impacts on the livelihoods of the people, especially women. Therefore, the disparity in the way it impacts men and women reveals that climate change is not gender neutral. According to the findings on climate change and gender report …