As per reports from the Ministry of Energy and Natural Resources (MoENR), the water seepage issue in Punatsangchu Hydropower Project Authority II (PHPA II) near the control system has reduced. The drilling of drainage holes around the pressure shaft bottom is ongoing, with 55% of the work completed so far. …
Read More »Bhutan needs to raise Nu 300 bn as equity to keep majority control in hydropower and solar projects
The country is accelerating efforts to expand its renewable energy sector, with multiple hydropower and solar projects in various stages of development. The government recently secured a concessional loan from the Japan International Cooperation Agency (JICA) to finance two small hydropower projects—the 90 MW Jomori and 26 MW Druk Bindu …
Read More »Bhutan to pay Nu 13.3 billion in debt servicing for FY 2024/25
The government has allocated Nu 13.3 billion (bn) for total debt servicing in FY 2024/25, a decrease from Nu 14.6 bn in the previous fiscal year. This includes both principal repayments and interest payments for domestic and external debt obligations. Debt servicing through the budget increased significantly in FY 2023/24, …
Read More »Skilled Bhutanese workers form community
The Community for Skilled Workers (C4SW), launched on 22nd February 2025, was established to develop a skilled national workforce, address the demand for local expertise, and reduce underemployment, thereby contributing to economic growth. Currently, the initiative includes 261 workers—21 female and 240 male. Among them, 185 are certified, while 50 …
Read More »How the USD 100 mn initiative to boost entrepreneurship and innovation will be allocated
In a major push to strengthen Bhutan’s startup ecosystem and private sector, the government has announced a USD 100 million initiative aimed at fostering entrepreneurship, innovation, and economic growth. The program is designed to provide structured funding and capacity-building support for startups and small to medium enterprises (SMEs), with a …
Read More »Small-scale industries face resource constraints to scale up
The industrial sector remains heavily dominated by small-scale industries, which make up over 70% of the country’s 13,008 active industry licenses, according to recent data. While cottage industries account for nearly 25%, medium and large industries remain a minority. The latest statistics reveal that among the total active industry licenses, …
Read More »Bhutan launches the Integrated Tourism Master Plan 2025-2034
The Department of Tourism (DoTr), under the Ministry of Industry, Commerce, and Employment (MoICE), officially launched the Bhutan Integrated Tourism Master Plan 2025-2034 on 21st February 2025 in Thimphu. The event, held in honour of His Majesty The King’s 45th Birth Anniversary, was attended by approximately 30 tourism stakeholders, including …
Read More »Bhutan gets 4,751 tourists in January 2025
India is still dominating the tourism numbers in the country as 3,589 Indian tourists visited Bhutan in January, which accounts for 75.5% of the total tourist visits in the month. Bhutan had a total of 4,751 tourists in the country for January, out of which 3,152 entered the country via …
Read More »What the 21st century Economic Roadmap really means
Coinciding with the 45th birth anniversary of His Majesty The King, the Minister of Industry, Commerce and Employment, Lyonpo Namgyal Dorji soft launched the 21st century Bhutan Economic Roadmap. However, what does the Economic Roadmap really mean between the few pages of press releases and the bullet points in them …
Read More »Green Tax refund process faces challenges and customer complaints
The process of refunding excess Green Tax has been underway, with car dealers refunding the customers before the deadline approaches. However, several issues have emerged, leading to customer frustration and confusion. Customer complaints and frustrations Despite the structured refund process, some customers remain dissatisfied. One customer who bought a car …
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