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. …

During the public hearing on the implementation of the Economic Stimulus Program (ESP), held on May 16 and conducted by the Economic and Finance Committee (EFC) of the National Assembly, several concerns related to the program were raised and discussed by committee members and witnesses. One of the issues raised …

The Druk Green Power Corporation Limited (DGPC) signed a contract agreement with a joint venture comprising Telecommunications Consultants India Limited, Smart Roof Solar Solution Pvt. Ltd., and Enerture Technologies Pvt. Ltd. in April this year. Under the agreement, the joint venture will undertake the design, supply, installation, testing, and commissioning …

As the deadline approaches for the end of loan deferments granted to sectors impacted by the COVID-19 pandemic, including hotels and tourism, the Ministry of Finance (MoF) has initiated talks with the Royal Monetary Authority (RMA) and the Financial Institutions Advisory Board (FIAB) to assess the next steps. MoF also …

On 8th may, Druk Green Power Corporation (DGPC) signed a Memorandum of Understanding (MoU) with Adani Group to jointly develop 5,000 megawatts (MW) of hydropower capacity. The agreement was signed in Thimphu between Dasho Chhewang Rinzin, Managing Director of Druk Green Power Corporation (DGPC), and Naresh Telgu, COO (PSP & …

Although the overall unemployment rate dropped to 3.6 percent in 2025, youth unemployment remains high at 17.1 percent. With more graduates  to enter the job market this year, the Ministry of Industry, Commerce, and Employment (MoICE) has laid out steps to create jobs and support young people transitioning from school …