Sonam Chuki

Government assessing 4% interest subsidy for hotels under ESP

The Ministry of Industry, Commerce and Employment (MoICE), in consultation with the Royal Monetary Authority (RMA), is currently assessing the feasibility of extending a 4% interest subsidy to hotels, according to the MoICE Minister, Namgyal Dorji. The proposed support would be based on defined eligibility criteria, similar to what was …

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Spiritual masters lead Gelephu’s mindfulness foundations

Eight prominent figures from Bhutan’s Vajrayana Buddhist tradition are leading the spiritual foundations of the Gelephu Mindfulness City (GMC), with their projects formally granted Royal Charters by His Majesty The King. According to GMC, the spiritual leaders include the Central Monastic Body, His Holiness the Je Khenpo, Gangtey Trulku Rinpoche, …

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Opposition questions exclusion of hotels from ESP

According to the Opposition Party, the hotel industry, particularly 3-star establishments and below, continues to face severe economic distress, first triggered by the COVID-19 pandemic and later exacerbated by unintended impacts of the country’s revised tourism policy. Despite being one of the hardest-hit sectors, the Opposition stated that these hotels …

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Hoteliers appeal for SDF waiver, lower airfares, and ESP loans

The hotel industry is currently engaged in discussions with the Ministry of Industry, Commerce and Employment (MoICE) and the Department of Tourism (DoT) to address growing concerns over financial strain, falling occupancy rates, and limited access to government support. Hoteliers say that rising Sustainable Development Fees (SDF), high flight costs, …

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Tourist arrivals touch 100,000 in June

A total of 13,671 tourists visited the country in the month of June this year, showing a 28.2 percent increase from the same month in 2024, when 10,667 tourists entered. Similarly, from January to June 2025, the total number of tourists reached 100,675. This is a 33.2 percent increase compared …

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