But there is a determination to stick it out In the July 2022 to June 2023 financial year, a record 15,552 Bhutanese got visas to Australia, of which 8,187 were students and 7,365 were dependents, while from July 2023 to February 2024 a total of 8,387 Bhutanese got visas of …

The loan deferral is coming to an end for various sectors in June 2024 and after this, blanket deferrals of the past is unlikely. According to a reliable source the Royal Monetary Authority (RMA) is keen to let the banks decide client by client on who can pay or not …

24-year-old Sonam Choden met a gruesome death on the early morning of 31 March in lower Motithang below the Druk Green Power Corporation (DGPC) Office when she was assaulted by a 32-year-old man. However, Sonam is not just another crime statistic, but was a real person, with a real life …

The numbers are in, and the data shows that there is a major drop in Bhutanese heading for Australia in 2024 compared to 2023. In January and February 2024, a total of 1,787 Bhutanese got student and dependent visas compared to 3,169 in January and February 2023. However, the 2024 …

Several illegal online lotteries still operational in Bhutan’s name in India In a surprise revelation, it has been found that the largest donor to Indian political parties is Bhutan’s former Lottery Agent Santiago Martin. Martin’s company Future Gaming and Hotel Services purchased Rupees (Rs) 13.68 billion (bn) of Electoral Bonds …

USD Reserves at USD 589 mn When the new government came into office they were left with Nu 22.1 bn in government bonds debt and Nu 9.8 bn in Treasury bill debts, both of which are the highest ever. Both borrowings are from the domestic market and primarily from Financial …

The draft 13th plan at the moment is Nu 512 billion (bn) and so far, the plans submitted by the ministries is taking the plan up to Nu 600 bn even. However, this is expected to be rationalized and brought down to a more realistic figure in the coming weeks. …

Indian Prime Minister Narendra Modi had announce a total grant package of Nu 100 bn for the next five years for Bhutan.  This includes Nu 85 bn as support for the Nu 512 bn 13th Plan and Nu 15 bn for the Economic Stimulus Plan (ESP) requested by the current …

It is said that the Himalayas and Prime Minister Narendra Modi have always had a special relationship. At a time when younger people look for comfort and security PM Modi at the young age of 17 travelled for two years in the Himalayas taking early morning icy baths , seeking …

More IG model projects unlikely as Bhutan-India hydro cooperation evolves Negotiations are at an advanced stage for Tata Power to be involved in the 600 MW Kholongchu hydro project. Around two to three rounds of meeting have already been held and it has been agreed in principal that Tata power …