The Ministry of Industry, Commerce and Employment (MoICE) officially launched the Foreign Direct Investment (FDI) Rules and Regulations 2025 on 8th August. This revised framework consolidates the provisions of the earlier FDI Policy 2019 and FDI Regulations 2019 into a single, comprehensive legal structure designed to simplify and improve accessibility …
Read More »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 …
Read More »Nu 800 mn allocated for crop and livestock insurance under Social Protection Plan
A total of Nu 800 million (mn) has been allocated for crop and livestock insurance as part of the government’s broader social insurance program under the 13th Five-Year Plan. The Royal Government of Bhutan (RGoB) has allocated Nu 2 billion (bn) for the overall implementation of the social protection system. …
Read More »Govt vehicles recalled from non-entitled officials and reassigned to pool use
Vehicles previously assigned to P1-level officers and Specialists have now been withdrawn and reassigned to the general vehicle pool following a directive issued by the Ministry of Finance (MoF) earlier this year. Finance Minister, Lekey Dorji said only Ex-3 and above can be assigned duty vehicles. The move came after …
Read More »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, …
Read More »Special awards and app to be launched at Drukyul Literature and Arts Festival
The Drukyul Literature and Arts Festival, scheduled to take place from August 2 to 4, will introduce several new features this year. Among the highlights is the launch of the Jigme Singye Wangchuck (JSW) Prizes, which will be awarded for the first time starting next year, and the Bhutan Echoes …
Read More »From being a Director in Deloitte, Australia to the GMC
The Director of Compliance and Enforcement at the Governor’s Office of the Gelephu Mindfulness City (GMC), Yeshi Choki, was a Director in the Audit and Assurance team in the prestigious international company, Deloitte in Australia. She could have stayed on in her job in Australia with a much higher pay …
Read More »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 …
Read More »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, …
Read More »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 …
Read More »