On the 5th of October 2021 an Ashok Leyland truck BP-2-B0761 transporting a Liugong 922D Crawler Excavator BP-1-A0349, both insured with Bhutan Insurance Limited (BIL), met with an accident at Lungsegang, Tsirang. The vehicles were registered in the name of Mr. Leki who is a former monk. An insurance claim …
Read More »ABTO and tour operators feel govt plans to waive off SDF only after 5 nights will not have a major impact
In a bid to increase the numbers of tourists and their length of stay the government is looking at waiving off USD 200 SDF for tourists who stay beyond 5 nights. This means that if tourists stay for 5 nights then the next five nights are free. The numbers 5 …
Read More »Managing the Assets of the Zhung Dratshang
On the auspicious occasion on Zhabdrung Kuchoe on 30 April 2023 His Majesty The King granted a Royal Charter for the establishment of the Gerab Nyed-Yon, an autonomous entity to hold and manage the the assets and investments of the Zhung Dratshang (Central Monk Body). It all started back in …
Read More »MoICE revokes Amen’s 1,300 tourists at old rate
Agent was found to be marketing the old rate to new tourists The Ministry of Industry, Commerce and Employment (MoICE) in a letter dated on 29 April 2023 revoked the earlier permission given to Amen Bhutan Tours and Treks for the 1,300 tourists to be brought in via 13 chartered …
Read More »DHI confirms that it is mining Digital Assets
In mid-April the Forbes Magazine published an article about Druk Holding and Investments (DHI) borrowing millions of dollars in digital assets from two bankrupt crypto currency lenders BlockFi and Celsius. The bankruptcy declarations of these two firms had lead to the public declaration of the transaction records which the magazine …
Read More »NPPF looking at pension reforms that would resolve the 20-year itch
One of the big challenges for the National Pension and Provident Fund (NPPF) is that it will start making losses from 2060 onwards with more people drawing pension than contributing to it. With the main aim of making the scheme more sustainable the NPPF has been working with a Malaysian …
Read More »Worst ever performance by incumbents in 4th NC election as voters go for change
Of the 10 incumbents who contested only two made it back In the 2013 National Council (NC) elections, of the 18 contesting incumbents a total of six made it back which is around 34 percent of the contesting incumbents. In the 2018 NC elections of the 12 contesting incumbents a …
Read More »The causes of the great migration from Bhutan
The large scale migration from Bhutan in the last few years has generated much debate and even more theories on the causes. This paper in a series of articles so far looked at all the immediate causes mentioned by people leaving and those who have left like livelihood, higher education, …
Read More »How Bhutanese migration will drive more migration
And international theories of migration applicable to Bhutan In our current thinking of the migration issue we assume that people move simply to earn more money or due to local factors like unemployment, red tape etc but migration is an outcome of far more complex decisions. With the large levels …
Read More »Govt allows around 1,600 more tourists at old SDF rate
In what may be seen as a controversial decision the government has allowed two tour operator companies Amen and Rewa to bring in around 1,600 tourists at the old SDF rate of USD 65. Under the new SDF policy introduced last year tour operators were allowed to register tourists who …
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The Bhutanese Leading the way.