With the 600 MW Kholongchu project being closed down as a Joint Venture project there are now questions over its future. Another matter long due for discussion is on what will happen to the 10,000 MW by 2020 agreement signed between the two countries given that most of the projects …

India’s Petroleum Minister has agreed to have an MoU During the recent visit of the Ministry of Economic Affairs (MoEA) Minister Loknath Sharma to Delhi, he raised the matter of the need for a Memorandum of Understanding (MoU) between the two governments on the supply of fuel to Bhutan with …

The Royal University of Bhutan (RUB) is currently in the midst of revamping many courses, doing away with some and getting in new courses in all 10 institutes under it and also the two private colleges affiliated to it. The Vice Chancellor (VC) Nidup Dorji while confirming the above said …

With the country’s foreign reserves getting lower by the month the government is looking at ‘rationalizing imports,’ whereby the imports of certain non-food and non-essential commodities may be restricted. Lyonpo Namgay Tshering of the Ministry of Finance (MoF) said that Bhutan currently has USD 845 million (mn) of foreign currency …

It is an open secret that larger than usual numbers of civil servants have been resigning in recent times with a record 1,023 civil servants voluntarily resigning from July 2021 to June 2022. However, the popular misconception is that this has been happening only in the last 12 months or …

In early 2021 all the Australian banks informed their Bhutanese counterpart banks that they could no longer be the Correspondent Banks for the Bhutanese banks. A banker on the condition of anonymity said that the Australian banks found that the business generated by the Bhutanese banks was too small and …

The Royal Civil Service Commission (RCSC) led the reorganization of the civil service agencies along with a group of executives, and has come up with proposals aimed at bringing about a lot of changes in the structure of the 10 ministries and other agencies. The changes The main proposal is …

With tourism opening in Bhutan on 23rd September 2022, under the new USD 200 Sustainable Development Fee (SDF), there are already Bhutanese tour operators selling discounted packages after paying the SDF. Discounted package For example, a tour operations company in Nepal that sells tour packages for a Bhutanese tour operator …

In the second meeting between the government, private sector and Financial Institutions on monetary measures, the entire Royal Monetary Authority (RMA) team was absent. The RMA instead had sent a note to the Ministry of Finance (MoF) either shooting down all the requests put forth by the private sector in …

With around 12,000 to 15,000 Bhutanese in Australia and growing, and the largest source of remittance, the importance of the Bhutanese community in Australia and the country of Australia itself cannot be understated. This is where the Royal Bhutanese Embassy in the capital city of Canberra comes into play as …