As of 12.20 PM on 30th May, there a total of 24,040 people subscribed to the Gelephu Mindfulness City Nation Building Bond (GNBB) with a value of Nu 2.364 billion (bn). This reached 31,772 people with Nu 3.019 bn on 12.20 pm 2nd June after an extension was given till …

The government aims to commission a total installed hydropower capacity of 3,101 MW with a combined design energy output of 13,801 GWh by 2031. This includes several large and small hydropower projects currently under construction across the country, with commissioning timelines ranging from 2025 to 2031. Among the major undertakings …

While presenting the Annual Budget for the Fiscal Year 2025–2026, the Finance Minister said the budget was developed with the theme “Accelerating Prosperity and Social Transformation through Enterprise, Innovation, and Efficiency.” The Finance Secretary added that this is a performance-based budget and noted that the fiscal deficit of the 2024-25 …

The revised Goods and Services Tax (GST) Amendment Bill is set to take effect from January 1, 2026, and introduces several significant changes to taxation, exemptions, penalties, and the appeals process. These changes were presented by Finance Minister Lyonpo Lekey Dorji during the National Assembly session on May 26. The …

According to the Minister of Energy and Natural Resources Lyonpo Gem Tshering, the Adani Group has indicated a preference for a run-of-the-river (RoR) model over a reservoir-type scheme for the development of the Wangchhu Hydropower Project. The RoR scheme option at 570 MW is designed to include peaking capabilities during …

The World Bank Group (WBG) aims at increasing private investment, improving the overall business environment, and creating more and better jobs. This effort is part of the Country Partnership Framework’s (CPF) first outcome, increasing private investment. The goal is to raise private investment from 32.8 percent of GDP in 2024 …

Hoteliers in the country are expressing growing concern over a significant drop in room rates for Three-Star hotels, citing oversupply and reduced tourist inflow as primary reasons behind the issue. According to a hotelier in Thimphu, the rates for a night’s stay at Three-Star hotels, which were previously fixed under …

The 1,125 Megawatt (MW) Dorjilung Hydropower Project (DHPP) is on track for completion by 2032, following technical clearance from the Ministry of Energy and Natural Resources (MoENR) to Druk Green Power Corporation (DGPC) in February this year, with the preparatory works expected to begin in June 2025. The project, located …

A wide range of Bhutanese products are set to benefit from zero customs duty under the Free Trade Agreement (FTA) between Bhutan and Thailand. Among the key exports expected to benefit are essential oils and yathra, which currently face a 5% tariff, juices, areca nut, apples, cordyceps, and cement, which …

The recent India-Pakistan conflict, which took place from 7 to 10 May 2025, has led to a wave of travel cancellations in Bhutan, particularly affecting Indian tourists. The impact comes at a time when Bhutan’s tourism sector was showing signs of strong recovery after a slow start to the year. …