In the Financial Year (FY) 2024–25, a total of 6,186 students and dependents from Bhutan were granted visas to Australia, indicating that the “Australia rush” had slowed compared to the previous two financial years. This figure was lower than FY 2023–24, when 9,787 visas were granted, and the peak of …
Read More »BT data cut expected to be announced soon
MoICE Minister says Cabinet had to reject an earlier version The much-discussed, anticipated, and widely criticised Bhutan Telecom (BT) data cut is expected to be announced soon, as the Ministry of Industry, Commerce and Employment (MoICE) is in the final stages of internal review and decision-making of the promised data …
Read More »Bitcoin price drop and where Bhutan stands
The value of Bitcoin saw a high of USD 126,000 in early October 2025 but since then has seen a steady decline in value briefly going to a low of below USD 61,000 on Thursday before making a strong recovery to USD 71,309 as of late Friday evening. The first …
Read More »DRC charges GST for insurance and transportation costs of goods
Before the introduction of the Goods and Services Tax (GST), under the earlier tax regime, importers paid Bhutan Sales Tax (BST) based only on the value of goods at the point of entry into the country. However, under the GST system, importers are now finding that the 5% GST is …
Read More »Compulsory GST registration if multiple licenses under same name add up to Nu 5 mn turnover
So far, it is well known that businesses with annual turnover of Nu 5 million (mn) and above come under compulsory GST registration. However, what is not known is that if a businessowner has multiple licenses under his or her name, and the combined are a turnover of Nu 5 …
Read More »Cost of services to rise with GST
With the rollout of the Goods and Services Tax (GST), the main focus has been on the prices of goods, with some like vegetables, beef, fruits, cereals, medicines, etc., going up by 5% and some like packaged food, cars, poultry, pork, etc., going down, and a lot of debate in …
Read More »RMA comes across some preliminary findings in its ESP review
The Royal Monetary Authority (RMA) is currently reviewing all the Medium Sector (ranging from Nu 10 million to Nu 100 million) Economic Stimulus Plan (ESP) loans coming to 37 accounts excluding the 4 already investigated by the Anti-Corruption Commission (ACC). The RMA has done a preliminary round looking at all …
Read More »Cabinet asks ESP Committee to make more hotels eligible for 4 percent interest subsidy
In December 2025, the Economic Stimulus Plan (ESP) Steering Committee approved the 4 percent loan interest subsidy for hotels under the Reinvigoration Fund (RGF) of the ESP. The matter was recently presented to the Cabinet for final approval; however, the issue has been sent back with concerns that there are …
Read More »500 MW Bitcoin mine generating Bitcoins in Jigmeling
The 500 MW data center or Bitcoin mine of Bitdeer is currently operational at 424 MW capacity, generating Bitcoins for the company. The mine would be at the full 500 MW capacity if not for a substation issue at Jigmeling, which is being resolved by the Bhutan Power Corporation (BPC). …
Read More »More than 200,000 tourists in 2025 but nights spent goes down by 2 nights
No SDF duration discount According to the latest figures, Bhutan has crossed the 200,000 tourists figure mark in 2025. This is compared to 145,065 tourists in 2024 which is an increase of around 55,000 tourists in 2025. This is also compared to 103,066 tourists in 2023. Until November 2025, the …
Read More »
The Bhutanese Leading the way.