600 MW Kholongchu potential funders finish project visit and will give answer soon The much talked about 1,125 MW Dorjilung project has finally gotten a lease of life as the government has written a formal letter to the World Bank asking them to look for the funding of Dorjilung project …

The Center for Bhutan and GNH Studies (CBS) surveyed 181 Bhutanese to find out why Bhutanese are leaving for abroad or plan to do so in the future. This is the largest survey till date. The Bhutanese accessed the findings and raw data of the survey and analyzed them. The …

According to data from the Royal Civil Service Commission a total of 1,722 civil servants have resigned from January to 25th May 2023. This comprises of 1,333 regular civil servants and 389 contract civil servants. In the whole of 2022 a total of 1,538 civil servants voluntarily resigned made up …

Under the Monetary Measures Phase IV announced in June 2022 it was decided that while high risk sectors like tourism hotels and restaurants, airlines, tour operators, ticketing agents and travel agents will get a two-year loan deferral till June 2024 the other moderate and low risk sectors will get a …

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 …

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 …

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 …

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 …

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 …

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 …