According to the Ministry of Finance (MoF), several eligible sole proprietorship businesses remain outside the Goods and Services Tax (GST) system, prompting the Department of Revenue and Customs (DRC) to intensify targeted outreach, education, and enforcement efforts to improve compliance. As of 19th March 2026, a total of 3,612 businesses …
Read More »Baht appreciation and tax burden drive price hikes
Rising costs driven by currency fluctuations, taxes, and global shipping disruptions are putting pressure on importers and retailers, with businesses passing the increased expenses on to consumers. A retailer, Tandin, said, “Usually, we get one month credit from the importers, and then we pay our dues to them. But recently, …
Read More »Tourism industry faces a surge in cancellations
Drukair has suspended all flights to Dubai until 28th March following an announcement from the UAE Civil Aviation Authority and Dubai Airport, as airlines adjust schedules amid heightened tension after the military conflict involving the United States and Israel against Iran that began on 28th February 2026. Hotels and tour …
Read More »Inflation rises to highest level in two years
Headline inflation rose to 5.76 percent in January 2026, the highest level recorded in the past two years, driven by increases in both food and non-food prices. Food inflation increased to 7.33 percent in January. Within the food category, the index for food and non-alcoholic beverages rose by 6.10 percent, …
Read More »Training institutes adjust to GST and market pressures
The introduction of the Goods and Services Tax (GST) is reshaping how professional training institutes operate in Bhutan, affecting course pricing, administration, and student enrolment. Institutes say the new tax has added financial pressure in an already competitive market. One institute, choosing to remain anonymous, said that competition has made …
Read More »ESP allocates Nu 844 mn to hotels for the 4 percent subsidy
The Government is set to spend approximately Nu. 844 million to provide a one-year 4% interest subsidy under the Economic Stimulus Programme (ESP) for the hotel sector. Tashi Wangmo, Secretary of the Ministry of Industry, Commerce and Employment (MoICE), said the Ministry is working closely with the Royal Monetary Authority …
Read More »Bhutanese players from Australia, Singapore, Malaysia and Thailand to participate in the ongoing Bhutan ESports National Championship
For the ongoing Bhutan ESports National Championship, players are lining up all the way from countries like Australia, Singapore, Malaysia and Thailand. The prize pool for this esports championship is Nu 1 million, making it the highest for an Esports tournament held in Bhutan to date. The President of Bhutan …
Read More »Tracking an invasive species: Giant African Land Snails in Mongar
The Giant African Land Snail (Achatina fulica) infestation, first detected in Gyalpozhing, Mongar in 2008, continues to affect communities in eastern Bhutan, with the invasive species now established in Lingmethang and surrounding areas. Saling Mangmi Tshering Norbu said, “When the Giant African Land Snail first emerged in Gyalpozhing in 2008, …
Read More »Finance Minister explains edible oil GST exemptions
According to Finance Minister Lekey Dorji, during the GST approval process, the Department of Revenue and Customs (DRC) submitted the schedule to the Ministry of Finance (MoF), which approved it and forwarded it to the Cabinet before submission to the National Assembly. Lyonpo noted that the cabinet had initially thought …
Read More »Nu 166 mn worth of copper cables damaged in fire at P I storehouse
Around Nu 166 million (mn) worth of copper cables were damaged in a fire that broke out on 21st February at the storehouse of the Punatsangchu Hydropower Project I on the way to Basochhu. The fire occurred at the project’s storehouse at around 11 am to 12 pm, as reported …
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The Bhutanese Leading the way.