In a positive move, Bhutanese citizens traveling to India can finally get SIM cards on reaching there. The Ministry Foreign Affairs and External Trade (MoFAET) confirmed that the Government of India (GoI) has started providing SIM cards to Bhutanese by the end of 2024. The ministry said that Bhutanese can …
Read More »The Royal Visit: A convergence of history and common interests
For an increasing number of Bhutanese, Thailand is like a winter home, welcoming with its warm climate, kind people, great food, vibrant tourism, abundant shopping and renowned hospitality. There is also an increasing number of Bhutanese families choosing Thailand for childbirth, highlighting Thailand’s role as a hub for medical tourism. …
Read More »Helicopter Insurance case in final stages at Civil Court
On 12th July 2024, farmer Gyem Gyeltshen, through his legal representative, decided to sue the Druk Air seeking compensation for the deaths of his 38-year-old wife, Dresang Dema, and his four-year-old daughter, Nima Peday, in a helicopter crash on 3rd March 2023. He is also seeking compensation for injuries and …
Read More »Department of Trade and IOCL agree to work together to ensure fuel quality
Last year, this paper reported on how many new Euro 6 diesel vehicles of different car companies were breaking down with similar engine problems. The main suspect was the quality of diesel fuel coming in from India, and this was borne out when two fuel quality reports from broken down …
Read More »Stock Market in the Red
The Royal Securities Exchange of Bhutan Limited (RSEB) which is Bhutan’s only stock exchange or market has mainly been showing red or decreased value of shares in recent times. The Stock Exchange has 18 listed companies of which, as of Friday, 14 are down, one is unchanged and only three …
Read More »Bhutanese in USA face uncertainty with the immigration clampdown
In the Trump Administration immigration crackdown in the USA, it has been learnt that a middle-aged Bhutanese man in New York was detained by the US Immigration and Customs Enforcement (ICE) around a month ago. The man did not have any criminal record but only had a deportation order issued …
Read More »EOL civil servants from Australia find RCSC will not recognize their degrees
With the 35-year plus age visa restrictions coming into play in Australia it is found that an increasing number of civil servants on Extra Ordinary Leave (EOL), most of whom went to Australia, are now coming back after completing their studies. As per the Royal Civil Service Commission (RCSC) while …
Read More »The truth of the MEDB program
There has been much discussion and misinformation on the Media Enterprise Development Program (MEDB). It is incumbent on this paper to share the facts of this public program that has made a major positive impact on the Private Media. MEDB facts Since 2010 there was a steady decline in government …
Read More »As Nu 34.141 bn in loan deferral ends on 30th June big question is what next
Financial Institutions (FIs), businesses and the government are all watching with concern as 30th June 2025 approaches – when the Nu 34.141 billion (bn) in loan deferrals granted for a year from July 2024 comes to an end. In June 2024 the Phase 4 monetary measures of the Royal Monetary …
Read More »Most FIs do worse in 2024 than in 2023 in a warning sign for the economy
Bhutan has 8 Financial Institutions (FIs) and 6 of them have all made less profits in 2024 than in 2023 with only two exceptions. The Bhutan National Bank (BNB) which is usually a star performer every year made only Nu 660.95 million (mn) in profits in 2024 after taxes compared …
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The Bhutanese Leading the way.