According to the monetary policy statement from the Royal Monetary Authority, the services sector is projected to grow moderately at 4.7 percent in 2025 and 4.1 percent in 2026, supported by favourable performance in the hotel and restaurant, transport, finance and insurance, and wholesale and retail trade sectors. Tourist arrivals …
Read More »Industrial Development Roadmap 2025 unveiled to boost sector growth
The Ministry of Industry, Commerce and Employment officially launched the Industrial Development Roadmap (IDR) 2025 on 8th August, marking a step toward transforming the country’s industrial sector. IDR provides a strategic framework aimed at creating a dynamic, inclusive, and globally competitive industrial landscape. The roadmap addresses longstanding challenges in the …
Read More »From stage to studio: Creatives explore gender, identity, and culture at Bhutan Echoes
At the Drukyul Literature and Arts Festival, held from 2nd to 4th August this year, Singaporean lawyer-poet-playwright, Amanda Chong, and Indian actress-author, Huma Saleem Qureshi, came together in a session titled Challenging Stereotypes: Amanda Chong and Huma Qureshi in Conversation on Gender, Power, and Storytelling. Moderated by Tenzing Lamsang, Editor …
Read More »Ministry proposes new fiscal incentives to boost industrial growth and innovation
The Ministry of Industry, Commerce and Employment (MoICE) has proposed a comprehensive set of fiscal incentives for industrial development. Concessionary tax rates are proposed at 5% for priority industries that generate strong employment, adopt sustainable practices, or operate in districts with high poverty levels, and 10% for businesses in sectors …
Read More »Diversifying energy sources beyond hydropower under new energy policy
The National Energy Policy 2025 introduces a comprehensive strategy for Bhutan to diversify its energy mix beyond hydropower in response to rising domestic demand, and the need for long-term energy security. While hydropower remains the backbone of Bhutan’s electricity generation, the policy emphasizes harnessing other renewable energy sources, such as …
Read More »FDI Rules & Regulations 2025 comes with changes to improve investment climate
The Ministry of Industry, Commerce and Employment (MoICE) officially launched the Foreign Direct Investment (FDI) Rules and Regulations 2025 on 8th August. This revised framework consolidates the provisions of the earlier FDI Policy 2019 and FDI Regulations 2019 into a single, comprehensive legal structure designed to simplify and improve accessibility …
Read More »Government assessing 4% interest subsidy for hotels under ESP
The Ministry of Industry, Commerce and Employment (MoICE), in consultation with the Royal Monetary Authority (RMA), is currently assessing the feasibility of extending a 4% interest subsidy to hotels, according to the MoICE Minister, Namgyal Dorji. The proposed support would be based on defined eligibility criteria, similar to what was …
Read More »Nu 800 mn allocated for crop and livestock insurance under Social Protection Plan
A total of Nu 800 million (mn) has been allocated for crop and livestock insurance as part of the government’s broader social insurance program under the 13th Five-Year Plan. The Royal Government of Bhutan (RGoB) has allocated Nu 2 billion (bn) for the overall implementation of the social protection system. …
Read More »Govt vehicles recalled from non-entitled officials and reassigned to pool use
Vehicles previously assigned to P1-level officers and Specialists have now been withdrawn and reassigned to the general vehicle pool following a directive issued by the Ministry of Finance (MoF) earlier this year. Finance Minister, Lekey Dorji said only Ex-3 and above can be assigned duty vehicles. The move came after …
Read More »Spiritual masters lead Gelephu’s mindfulness foundations
Eight prominent figures from Bhutan’s Vajrayana Buddhist tradition are leading the spiritual foundations of the Gelephu Mindfulness City (GMC), with their projects formally granted Royal Charters by His Majesty The King. According to GMC, the spiritual leaders include the Central Monastic Body, His Holiness the Je Khenpo, Gangtey Trulku Rinpoche, …
Read More »
The Bhutanese Leading the way.