The Ministry of Industry, Commerce, and Employment (MoICE) has set a national target of generating 65,000 new industrial jobs by 2035. The target falls under the Industrial Development Ecosystem, which outlines seven expected outcomes with multiple national targets to drive industrial growth. It also seeks to ensure that 40 percent …
Read More »Tourist arrivals in July 2025 increased by 85% compared to last July
The country recorded a rise in tourist arrivals in July 2025 compared to the same month last year. A total of 4,851 tourists visited in July 2025, up from 2,627 in July 2024, marking an increase of 2,224 visitors or about 85 percent. From January to July 2025, the country …
Read More »Public debt to increase by 12% of GDP in FY 2025/26
The country’s public debt is expected to rise from 101.7% of GDP in 2024/25 to 113.9% in 2025/26 and remain high in the coming years. This marks an increase of 12.2%. More than 60% of this debt is linked to hydropower projects. Debt not related to hydropower is also set …
Read More »DHI launches 10x Roadmap aligning with Gelephu Mindfulness City’s sustainable vision
The Druk Holding and Investments (DHI) group launched its 10x roadmap on 14th August, outlining five priority investment areas which are energy and resources, manufacturing and service, mines and minerals, global securities, and infrastructure. A major area of alignment between DHI’s plan and the Gelephu Mindfulness City (GMC) initiative lies …
Read More »Tourist registration system launched to boost service coordination
The Department of Tourism, under the Ministry of Industry, Commerce and Employment, has launched the Tourist Registration System (TRS), a digital platform aimed at enhancing service coordination and visitor experience in Bhutan’s tourism sector. The system, developed in collaboration with GovTech Agency, was launched on 8th August. The TRS will …
Read More »Services sector to see steady growth as economy rebounds in 2025
According to the monetary policy statement from the Royal Monetary Authority, the services sector is projected to grow moderately at 4.7 percent in 2025 and 4.1 percent in 2026, supported by favourable performance in the hotel and restaurant, transport, finance and insurance, and wholesale and retail trade sectors. Tourist arrivals …
Read More »Industrial Development Roadmap 2025 unveiled to boost sector growth
The Ministry of Industry, Commerce and Employment officially launched the Industrial Development Roadmap (IDR) 2025 on 8th August, marking a step toward transforming the country’s industrial sector. IDR provides a strategic framework aimed at creating a dynamic, inclusive, and globally competitive industrial landscape. The roadmap addresses longstanding challenges in the …
Read More »From stage to studio: Creatives explore gender, identity, and culture at Bhutan Echoes
At the Drukyul Literature and Arts Festival, held from 2nd to 4th August this year, Singaporean lawyer-poet-playwright, Amanda Chong, and Indian actress-author, Huma Saleem Qureshi, came together in a session titled Challenging Stereotypes: Amanda Chong and Huma Qureshi in Conversation on Gender, Power, and Storytelling. Moderated by Tenzing Lamsang, Editor …
Read More »Ministry proposes new fiscal incentives to boost industrial growth and innovation
The Ministry of Industry, Commerce and Employment (MoICE) has proposed a comprehensive set of fiscal incentives for industrial development. Concessionary tax rates are proposed at 5% for priority industries that generate strong employment, adopt sustainable practices, or operate in districts with high poverty levels, and 10% for businesses in sectors …
Read More »Diversifying energy sources beyond hydropower under new energy policy
The National Energy Policy 2025 introduces a comprehensive strategy for Bhutan to diversify its energy mix beyond hydropower in response to rising domestic demand, and the need for long-term energy security. While hydropower remains the backbone of Bhutan’s electricity generation, the policy emphasizes harnessing other renewable energy sources, such as …
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