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 …
Read More »Car dealers to be penalised if refunds are not made within the deadline
In response to the recent overcharging of green tax by the 11 car dealers, the Department of Revenue and Customs (DRC) issued a public notice stating that the dealers should refund their customers within 15th February, 2025. The Minister of Finance, Lyonpo Lekey Dorji stated that if the refund is …
Read More »How data charges will be reduced by 50%
GovTech is looking at three possible aspects in reducing data charges by fifty percent as per the government’s goal of making Bhutan a high-income GNH economy by 2034. An official from GovTech said, “Through consultations in technical groups, we are looking at three to four proposals. A short-term, a mid-term, …
Read More »Druk Air’s Dubai flights struggle with low passenger numbers
The direct flight between Paro and Dubai, launched by Druk Air in October 2024, has been struggling to attract passengers, with many opting for cheaper alternatives via connecting flights. The airline’s move to expand its international network has yet to see success, as reports indicate that passenger turnout remains significantly …
Read More »DRC’s steps to ensure that vehicle dealers cannot overcharge Green Tax in the future
To ensure that car dealers do not further overcharge customers, the Department of Revenue and Customs (DRC) now mandates that vehicle dealers submit comprehensive documentation, including import declarations, manufacturer invoices, and customer sales invoices. In response to the fraudulent practices by the 11 car dealers discovered recently, all vehicle dealers …
Read More »Bhutan gets 145,065 tourists in 2024
Indian tourists dominate Bhutan’s tourism market in 2024 India continues to assert its dominance in the tourism market, contributing an overwhelming 94,280 visitors in 2024. This accounts for 65% of the total tourist arrivals in Bhutan. Bhutan recorded a total of 145,065 tourist arrivals in 2024, marking a 40.7% increase …
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The Bhutanese Leading the way.