The Druk Punjab National Bank (PNB) has stopped giving the special education loans for students aspiring to go to Australia. This comes a few weeks after the Tashi Bank had also stopped the same. T-Bank had to stop its education loan after exceeding the RMA rules that forbids any bank …

The Royal Monetary Authority (RMA) in a recent notification to all Financial Institutions (FI) has laid down strict new guidelines for Non Performing Loans (NPL). An NPL is a loan which has not been paid for 90 days or more. As per the RMA order if anybody enters NPL then …

Integrated Business Licensing Service system to bring all regulatory bodies, 20 Dzongkhags, 4 Thromdes and agencies into one platform so that business licenses applicants don’t need to run around for clearances For business people, big or small, one of the main headaches is getting a business license and renewing it …

Some Civil Servants and the Private sector worry about its impact on grants, capacity building, business investments, and idea sharing In a three-year time period from 2017 to 2019 various government organizations invited 11,856 people as official guests waving off the need for them to pay the USD 65 SDF. …

The Foreign Minister Dr Tandi Dorji was on an official visit to Australia from September 10 to 16.  However, soon after the visit there were widespread rumors on social media in Bhutan accusing the Foreign Minister of having asked the Australian government to discourage Bhutanese being given visas.  Though there was no proof …

Recently, when the Tashi Bank stopped giving its education loans there was a lot of speculation that the Royal Monetary Authority (RMA) had stopped the loan to discourage people from going to Australia. However, a RMA official clarified that there was no such order from the RMA to T-Bank. The …

A leaked copy of the Civil Service Reform Bill 2022 which was widely available on WhatsApp has lead to some discussion among civil servants. The Bill lays out the much anticipated restructuring of the civil service in terms of doing away with the Ministry of Labour and Human Resources (MoLHR) …

One of the major changes coming out of the civil service reforms are the creation of new positions called ‘Clusters’ and ‘Cluster or Coordination Secretaries’ who are proposed to be in charge of the four clusters of Governance, Economy, Social and Security cutting across ministries. The Royal Civil Service Commission …

The INR 1,200 per day SDF for Indian tourists is aimed at checking mass tourism which was becoming a major issue in Bhutan.Bhutan was being sold as a destination cheaper than most mass tourism sites in India like Goa, Manali, Darjeeling etc. by some Indian tour operators.  The result was …

Also gives more rights to private landowners than before One of the unspoken fears of a private landowner in Bhutan is to have his or her land being acquired by the government for some local or national project. However, the new Land Acquisition and Compensation Rules and Regulations, 2022 (LACRR …