Finding affordable accommodation or housing in Perth, Australia is becoming harder by the year for the many Bhutanese there. The situation is worsened by job scarcity. According to The West Australian, the only locally edited daily newspaper in Perth, in the past three years, Perth has recorded the biggest slump …

Climate resilient practices As climate change further implicates the world, it brings in significant changes and impacts in the business fraternity, challenges as well as opportunities. “As extreme weather conditions become frequent, it causes damage to the businesses in the form of infrastructure damage, and disruption in the work process,” …

The impact of climate change on the way people work and people live is directly and indirectly affecting the business sector. The impacts are sometimes minor with disturbances in service delivery due to climate change, induced weather conditions to major impacts, such as financial implications due to climate crisis. Cumulative …

Bhutan is transitioning fast into the digital age, and hence incorporating features to develop its digital economy. His Majesty The King has also addressed the importance of technology and embracing it and leveraging it in 2019, during the convocation of Royal University of Bhutan’s (RUB) graduates. Bhutan’s first step to …

The rental market currently is not doing well nowadays, as there are an increasing number of empty apartments and also empty commercial spaces even in prime areas. The apartment owners are now demanding for replacement tenant before shifting out in some areas like Dangrina, Taba, Changzamtog, and Langjophaka in Thimphu. …

With stricter measures put in place after a comprehensive 190-page Migration Review Report by the Australia’s Home Affairs Department released in March 2023, Bhutanese exploring the Australia dream have started facing increasing visa refusals. Those who were rejected are now trying for a new option, the Canadian visa. Education consultancies …

The pay for civil service will be revised from this July, and this will create a huge gap in consumption expenditure as well as purchasing power between the private sector employees and civil servants. Therefore, it is imperative to compare the income of employees in the private sector and civil …

The Cabinet in a letter on 5 June 2023 has recommended to the Central Bank, Royal Monetary Authority (RMA), to consider extending the loan deferment period for a minimum of 3 years, considering the challenging times, so as to provide financial relief and flexibility to the borrowers. The Cabinet has …

The Royal Monetary Authority (RMA) has increased its incentives on remittances from 2 percent to 10 percent, to increase the inward flow of remittances, to encourage Bhutanese residing overseas to send money back home from a period of June to December. However, this increase brings in the question of whether …

The 21 days leave provision introduced by the National Assembly will incur about Nu 500 million (mn) per annum to the government, according to the Royal Civil Service Commission (RCSC). RCSC had earlier introduced 12 days Annual Leave (AL), which the National Assembly (NA), taking into account numerous factors, raised …