The Department of Revenue and Customs (DRC) has reported that the total number of GST registrants as of 9th April 2026, stands at 4,164. According to the data provided, the number of monthly filers is 3,628, while quarterly filers number 130 and six-monthly filers account for 406, bringing the grand …
Read More »Gender disparities continue in the workplace in Bhutan
Bhutan continues to face persistent gender gaps in employment, with women underrepresented in the formal labor market and concentrated in low-quality and unpaid work, according to the latest Bhutan Development Update by the World Bank. Women remain significantly behind men in labor force participation. Bhutan’s female labor force participation stood …
Read More »Bhutan’s GDP growth revised down by 0.2 percent amid global oil surge
Bhutan’s projected GDP growth for Financial Year (FY) 2025/26 has been revised downward by 0.2 percentage points from pre-conflict estimates, assuming an average Brent crude price of USD 94 per barrel in calendar year 2026, according to the World Bank’s Bhutan Development Update. On the supply side, growth projections for …
Read More »Tourism numbers dip following the Middle East conflict
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 …
Read More »ESP 4 percent subsidy to focus on viable hotels: Government explores measures for distressed properties
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) …
Read More »Finance Minister highlights risks to economic outlook
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 …
Read More »Lyonpo Namgyal Dorji addresses access to information and media support
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 …
Read More »Tariffs from new hydropower projects expected to be higher
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 …
Read More »Chamkharchhu-II project under study with GMR
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 …
Read More »Three-Star Hotel owners say urgent interventions needed to pay loans and sustain
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 …
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