On 3rd March 2023 42-year-old Gyem  Gyelsthen lost his 38-year-old wife Dresang Dema and his four-year-old daughter Nima Peday in a helicopter crash due to pilot error. While the insurance documents for Druk Air’s helicopter clearly outlined a USD 200,000 insurance per person the international reinsurance companies through a Singaporean …

New Pyramid scheme similar to Puth gaining popularity While the government may have shut down the Puth scheme there is another very similar one growing in popularity among Bhutanese. While Puth required a minimum of USD 50 to join the Enveer group requires USD 100 to join. Like Puth, the …

On the 8th of May, the Competition and Consumer Affairs Authority (CCAA) put a stop to the Puth Group scheme calling it a pyramid scheme which predominantly focuses on continuous recruitment of new members and is designed to deceive people, is fundamentally unsustainable and prone to eventual collapse, thereby leaving …

The Office of the Consumer Protection (now Competition and Consumer Affairs Authority) declared the QNet scheme to be a pyramid scheme and banned it in 26 August 2022 asking everyone to stop promoting the scheme or recruiting downline members. QNet essentially marketed itself as an online business where fantastic returns …

The announcement by drug company Astra Zeneca that it is withdrawing its COVID-19 vaccine internationally has caused some flutter in Bhutan given that this was the same vaccine that was given as the first dose in Bhutan. The particular reason for worry is after the company admitted in 100-million-pound lawsuit …

In the recent past whenever questions arose about the Puth Group, some people online put up a 26 January 2024  e-commerce license of a man named Phuntsho Wangdi to give the scheme an air of legitimacy. The Bhutanese tracked down Phuntsho Wangdi who is based in Thimphu and asked him …

Around a week ago a 6-member group of Chinese tourists spent around 6 nights in Bhutan staying in the top end luxury hotels in Amman Paro and Sixth Sense in Thimphu with room rates of around USD 2,000 per night. The total tour package for Bhutan including air tickets was …

As of 3rd May afternoon the Department of Revenue and Customs (DRC) has collected a total of Nu 469 million (mn) in property taxes. Of the 199,800 people who are eligible to pay property taxes a total of 161,275 have paid which leaves 38,525 who are yet to pay. The …

The Druk Holdings and Investment (DHI) is entering the Meetings, Incentives, Conferences and Exhibition (MICE) tourism space in collaboration with an international company called G 9 Investments. The company formed is the Bhutan Global Mindfulness & MICE Holdings and Pvt Limited (BGMMH). This company is registered in Singapore through the …

These days Druk Air is flying regular flights to the domestic airports in Bumthang, Gelephu and Yonphula but it is doing so for a loss. It is not like the flights are empty as people are flying, especially to Yonphula, but the economics is not making sense. The Druk Air …