A meeting was held on 10th September between the Hotel and Restaurant Association of Bhutan (HRAB), the Financial Institutions Association of Bhutan (FIAB), and the CEOs of the country’s banks to address the pressing issue of loans for the hotel sector. The discussions focused on finding a sustainable way forward …
Read More »Bhutan Hardware Association seeks clarity on GST transition
The Bhutan Hardware Association (BHA) has raised concerns regarding the upcoming Goods and Services Tax (GST) regime and how it might negatively affect the sector if certain actions are not taken or clarified. BHA Chair, Thinley Dorji, said members are confused about what will happen to the existing stock on …
Read More »Green and Resilient Affordable Housing Sector Project prioritizes inclusive housing across three locations
The Green and Resilient Affordable Housing Sector Project (GRAHSP) is rolling out inclusive and sustainable housing in three locations, Samdrup Jongkhar Toed, Phuentsholing’s Core LAP Rabten, and Nganglam, integrating features that ensure accessibility for women, children, and people with disabilities. In Samdrup Jongkhar Toed, 11 buildings are under construction, each …
Read More »Non-Performing loans rise to 8.3 bn
Non-performing loans (NPLs) in the financial sector increased by 7.23 percent in May 2025 compared to the same month last year, according to the Macroeconomic Situation Report from the Ministry of Finance (MoF). NPLs stood at 3.33 percent, equivalent to about Nu 8.3 billion (bn). The report stated that the …
Read More »Foreign reserves to reach USD 1.11 billion by end of 2025-26, covering 29 months of imports
Foreign reserves are projected to reach USD 1.11 billion (bn) at the end of FY 2025–26, enough to cover 29 months of essential imports and provide a cushion against external shocks, according to the Macroeconomic situation update from the Ministry of Finance (MoF) for the fourth quarter of FY 24-25. …
Read More »MoICE to create 11,250 of 15,611 new jobs by next year
The Ministry of Industry, Commerce and Employment (MoICE) said that from 2024 to 2025 the government has given employment opportunities to around 8,274 job seekers and requirement was around 12,871 jobs and between this and next year they will create around 15,611 jobs with MoICE creating 11,250 jobs and DHI, …
Read More »Goods and Services Tax set to have a soft launch on 11th November
With the commencement of the Goods and Services Tax (GST) scheduled for 1st January 2026 the Ministry of Finance (MoF) is undertaking a comprehensive and multi-pronged approach to ensure a smooth and effective rollout.The soft launch on 11th November 2025 will pave the way for the full rollout of GST. …
Read More »Health Ministry proposes lower blood alcohol limit for drivers
The Ministry of Health (MoH) has proposed reducing the permissible blood alcohol concentration for drivers from 0.08 percent to 0.05 percent, as part of new measures to curb the growing health risks from alcohol, tobacco, areca nut, and related products. The proposal is part of a wider effort that MoH …
Read More »Industrial Development Roadmap identifies data center services for growth
The Industrial Development Roadmap 2025 identifies Data Center Services as one of ten priority sectors for industrial transformation. For the data center industry, in particular, the roadmap outlines a series of strategic interventions. It proposes the development of world-class facilities that meet international certification standards and the establishment of specialized …
Read More »Dhar-cho Ling Association aims to reduce carbon footprint while following the Buddhist path
Dhar-cho Ling is a newly established association in Bhutan that aims to reduce environmental damage and contribute to the country’s carbon negative status through reforms in the use of prayer flags. The association also plans to revive traditional methods of prayer flag production, create a dedicated park for prayer flag …
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