According to the MoICE Minister Lyonpo Namgyal Dorji the country has recorded approximately 79 tour cancellations from various countries, with over 40 additional bookings postponed due to the ongoing situation in the Middle East and the resulting increase in airfare. So, there is certainly some impact being felt by the …

The Cabinet has approved a 4 percent Economic Stimulus Program (ESP) subsidy for hotels for a one-year period, but implementation has taken longer than expected as multiple agencies work to finalize the framework. The Ministry of Industry, Commerce and Employment (MoICE), Ministry of Finance (MoF), and Royal Monetary Authority (RMA) …

Finance Minister Lyonpo Lekey Dorji said rising geopolitical tensions pose a risk to the country’s economic outlook. He noted that Bhutan’s heavy reliance on imported fuel makes it vulnerable to global price swings, which could drive up inflation, increase transport costs, and put pressure on government finances and the broader …

MoICE Minister Lyonpo Namgyal Dorji addressed recent concerns regarding the cancellation of a private newspaper’s license, clarifying that the decision was strictly procedural. The license expired on 30th October 2025, and despite the full 120-day renewal window, including grace and penalty periods, and multiple reminders, the required documents were not …

Electricity tariffs from the upcoming Yungichhu and Burgangchhu hydropower projects are expected to be higher than Bhutan’s older large hydropower plants, reflecting the relatively higher construction costs per megawatt and smaller project sizes. However, the tariffs are likely to remain comparable to those of newer hydropower developments. According to the …

The 590 MW Chamkharchhu-II project has been identified for implementation in partnership with an Indian multinational infrastructure conglomerate, GMR Group, with detailed investigations and studies expected to be completed by the end of 2027. Based on the techno-economic viability determined through these studies, Druk Green Power Corporation (DGPC) and GMR …

Three-star hotel owners have called for urgent government intervention, warning that many establishments may not be able to sustain operations or repay loans without immediate support. The concerns were raised during a meeting held on Tuesday between three-star hotel owners, the vice president of the Hotel and Restaurant Association of …

The exemption given for years to Rural Businesses has now come to an end, and so businesses in rural areas are required to pay Business Income Tax (BIT) by 31st March 2026. According to sources, around 6,000 businesses in Thimphu, Punakha and Wangdue areas that were previously exempt have not …

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 …

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, …