Business owners who rely on the Bhutan Post Office for imports are raising concerns about delayed shipments that have yet to arrive more than a month after ordering. They report that the delays are disrupting their operations and sales potential. In response, the Bhutan Post Office explained that they have …
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The government’s set goal of receiving 150,000 tourists by December 2024, is unlikely to be fulfilled, according to the Association of Bhutanese Tour Operators (ABTO). As per the data from the Ministry of Industry, Commerce and Employment (MoICE), the total number of tourists that visited the country in 2024 from …
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The Ministry of Industry, Commerce and Employment (MoICE) in collaboration with Bhutan Chamber of Commerce & Industry (BCCI) and Voice for Green Change Partnership (V4GCP) identified five key issues that hinder Foreign Direct Investment (FDI) inflows concerning the Foreign Direct Investment Policy 2019. Among the most significant barriers is the …
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In a recent review of the construction sector’s procurement regulations, concerns regarding the lack of transparency and fairness in the tendering process have surfaced. Despite efforts to modernize procurement with the implementation of the electronic Government Procurement (eGP) system, challenges remain in ensuring open and accountable bidding practices. The issues …
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A new issue that has cropped up in the Punatsangchu II power house is water seepage from the upstream wall in the powerhouse cavern near two units that were launched on 17th December 2024. The problem is that the seepage from the wall is near the Control System. Sources say …
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Bhutan’s National Credit Guarantee Scheme (NCGS) was launched in 2020 to provide easier access to loans, backed by government guarantees. While the scheme has helped foster innovation and employment, the growing number of Non-Performing Loans (NPLs) raises concerns about the long-term sustainability of such government-backed programs. Launched in 2020, NCGS …
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To address regulatory bottlenecks effectively, Ministry of Industry, Commerce, and Employment (MoICE) collaborated with the Voice for Green Change Partnership (V4GCP) Project, funded by the European Union, and the Bhutan Chamber of Commerce and Industry (BCCI). Through stakeholder consultation, issue compilation, committee formation, and rigorous validation processes, about 235 issues …
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The Economic Stimulus Plan (ESP), designed to provide concessional loans and reinvigoration funds to businesses, has seen mixed results as of December 2024. Under Window-I of the ESP, which offers concessional loans to support sectors such as agriculture, livestock, and small-scale industries, a total of 1,473 applications amounting to Nu …
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The Japan International Cooperation Agency (JICA) plans to start an inclusive and interactive centre in Thimphu under the JICA Partnership Program scheme with a Japanese partner organization and with a Bhutanese counterpart.One of the potential challenges may be the immediate start of the construction of the project due to the construction regulations in the country right now.The centre mainly aims to …
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During the Business Interaction on the upcoming Advantage Assam 2.0, which is to be held in February 2025, the Prime Minister Dasho Tshering Tobgay and the Chief Minister of Assam Sri Hemanta Biswa Sarma, talked about Assam and Bhutan’s friendship and the Gelephu Mindfulness City (GMC). During the event, Lyonchhen …
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The Bhutanese Leading the way.
