NFPSF to enable collection of buffer fund once oil prices come down The government, on 21st March 2026, announced the creation of the National Fuel Price Smoothening Framework (NFPSF), which provides a subsidy of Nu 16 per liter of diesel, bringing down the price from Nu 108 per liter to …
Read More »RBP looking at larceny angle in Bank glitch case
The Royal Bhutan Police (RBP) is investigating the bank glitch case as a possible larceny case after detaining the businessman who received around Nu 1.5 billion in his account and used Nu 191 mn for paying loans, land transaction and paying suppliers. Depending on its investigation, RBP is looking at …
Read More »OAG looking at online gambling and tax evasion for Sandeep
The Office of the Attorney General (OAG) is considering charging Sandeep Rai Chamling with online gambling and tax evasion in court. The RBP investigation listed seven probable charges against Sandeep, which are online gambling, misleading advertising, tampering with documents, money laundering, larceny by deception, fronting, and tax evasion. The OAG …
Read More »Why Diesel price has become higher in Bhutan than in India
From 16th March 2026 onwards there was a major hike in petrol and diesel prices as petrol increased from Nu 63.29 per liter in Thimphu to Nu 85.30 and diesel increased from Nu 70.18 to a whopping Nu 108.17. Given the war in Iran and the shut down of the …
Read More »How GCIT is tackling AI wiping out IT jobs and more
The Gyalpozhing College of Information Technology (GCIT) was set up not only as an IT college in October 2017 but also as a center of excellence in IT. However, the rapid global rise of Artificial Intelligence (AI) through various tools has led to the disappearance of many entry-level coding jobs …
Read More »Supreme Court’s dismisses Lekden D. Dorji’s appeal in Changangkha murder case and the dilemma now
On 17th March 2026, the Supreme Court dismissed an appeal by the Lekden D. Dorji’s lawyer in the Changangkha murder case of March 2024. The Thimphu District Court on 29th October 2025, sentenced Lekden D. Dorji to life imprisonment for the murder of a 25-year-old women in March 2024, at …
Read More »Businessman gets Nu 1.46 bn in his account and uses Nu 191 mn after bank glitch
A businessman in Bhutan with multiple bank accounts in the Bank of Bhutan (BoB) noticed a strange development with one of his CD accounts from 1st March 2026 onwards. There were unexplained and large deposits into the particular account, and each time he made payments from the CD account, instead …
Read More »High Court increases compensation from Nu 57.36 mn to Nu 168.57 mn in Helicopter Crash case
On the afternoon of 3rd March 2023, a Druk Air helicopter carrying 42-year-old Gyem Gyeltshen, his wife and their two daughters crashed at around 2.25 pm in Wachey, Lunana. The crash resulted in the death of Gyem’s 38-year-old wife, Dresang Pema, and their four-year-old daughter, Nima Pelden. Gyem, his older …
Read More »Securing Bhutan’s fertilizers with the Hormuz disruption
While all eyes have been on fuel prices and availability due to the Iran War and the disruption at the Strait of Hormuz, another important item that is also not getting through is a large amounts of fertilizers or the raw materials needed to produce them. There is already growing …
Read More »Hotel’s opting not to pay loan may not be eligible for 4% subsidy
Last week, the government announced that the Economic Stimulus Plan (ESP) has kept aside Nu 844 mn as a one-year interest subsidy of 4% for the hotel sector. It has been learnt that Financial Institutions are willing to given an additional 1% interest debate provided the ESP is approved. Around …
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