The 4% loan interest subsidy for hotels under the Reinvigoration Fund (RGF) of the Economic Stimulus Plan (ESP)  has been approved by the ESP Steering Committee. The ESP Secretariat is now working on presenting it to the Cabinet for final approval. The Royal Monetary Authority (RMA) had initially given until …

Their Majesties The King and Gyaltsuen were conferred honorary doctoral degrees by Chulalongkorn University, Thailand at a ceremony held at Chulalongkorn University in Bangkok on 22 December 2025. His Majesty was awarded the Doctor of Philosophy in International Development Studies in recognition of visionary leadership in advancing peace, inclusive development, …

Following the Anti-Corruption Commission (ACC) report that found serious administrative lapses in three ESP loans sanctioned by Financial Institutions (FIs), a key question being raised is whether similar issues exist in other ESP loans, particularly larger, medium-scale loans. The ACC has specifically directed the Royal Monetary Authority (RMA) to conduct …

Bhutan may have been breathing a sigh of relief that it is not on any travel ban list of 39 countries, but all is not well as from 1st January 2026 Bhutan will be in a list of 13 countries that will need visa bonds for the business and tourism …

The Royal Bhutan Police (RBP) and the Competition and Consumer Affairs Authority (CCAA) have decided to file a joint report to the Office of the Attorney General (OAG) against Sandeep Rai Chamling. This was after the CCAA invited the RBP for an inter-agency collaboration meeting to coordinate and avoid duplication …

The 118th National Day Royal Address focused primarily on the Gelephu Mindfulness City (GMC), and within this, there were a few big and far-reaching announcements that, over time, will be the largest transfer of wealth to all Bhutanese. His Majesty The King said, “GMC will be structured as a company, …

After a lot of delay and back and forth, the Cabinet has taken a final decision on the mobile data cut by rejecting Bhutan Telecom’s (BT) modified proposal, and so BT will be asked to implement the full mobile data charges cut of 50 percent for the Nu 49 to …

Just before the visit of Prime Minister Narendra Modi, the Punatsangchu Hydroelectric Project Authority (PHPA)  for the 1,200 MW P-I project had a meeting that green lighted stabilization measures on the right bank proposed by joint experts from both countries. As a part of this, an Indian team of experts …

While Bhutan may have done mega hydro projects in the past, Bhutanese contractors, engineers and technical staff have largely been bystanders doing some minor works, as foreign construction companies do the main works and develop their capacity in the process. There have been instances in the past, where foreign contractors …

The Competition and Consumer Affairs Authority (CCAA) has found that Sandeep Rai Chamling engaged in Unfair Trade Practices, according to its report reviewed by the Internal Review Committee. Not only did Sandeep not have a licence for his crypto mentoring and trading business, he also failed to provide the promised …