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According to Ministry of Finance, the Non-Performing Loans (NPLs) in the trade and commerce sector are approximately 7.7 percent. In contrast, NPLs in the tourism and housing sectors are relatively low, at 1 percent and 2.2 percent. During the Meet-the-Press, the Finance Secretary, Leki Wangmo, shared, “This issue is largely …

The Ministry of Education and Skills Development (MoESD) is undertaking significant efforts to equip classrooms with the necessary technology and infrastructure. This not only aims to enhance learning experiences, but also to ensure inclusivity, particularly for students with disabilities. This vision is central to the ministry’s approach, as it seeks …

Druk Holding and Investments (DHI), the main organizer of the Bhutan Innovation Forum (BIF), reflected on the event’s success and its implications for the future. The three-day event brought over 100 distinguished speakers, some 90 international experts and more than 10 speakers from Bhutan, to discuss important global challenges and …

During the 8th Meet-the-Press Session, Minister of Health, Tandin Wangchuk, stated that the government is aware of the difficulties faced by newly hired health workers, especially those serving in remote areas, and is taking steps to improve their situation and job satisfaction. Lyonpo Tandin Wangchuk highlighted efforts to tackle the …

The Minister of Infrastructure and Transport, Chandra Bahadur Gurung, in a candid moment, recounted, “I get scolded by my wife when we see blocked sewage while driving. I have to explain to her that it’s under the jurisdiction of Thromde.” His comment underlines the frustration faced by residents and officials …

The Prime Minister (PM) Dasho Tshering Tobgay acknowledged that the Economic Stimulus Program (ESP) is not progressing as smoothly as anticipated, but expressed confidence that the issues would be resolved. PM emphasized that while it is crucial for banks to adhere to their procedures, the primary goal of the ESP …

Currently, 437 people have signed up for the National Reintegration Program (NRP), and 65 have returned to Bhutan, while the others are still working or studying overseas. Among the applicants, 45 percent are former civil servants, 16 percent come from the private sector, and 12 percent are from corporate jobs. …

Recently, during a panel discussion, leading experts and government officials highlighted the country’s digital advancements and the challenges it faces in achieving an inclusive, secure, and resilient digital ecosystem at the Bhutan Innovation Forum. This transformation is driven by the integration of technology into public services, aligning with Bhutan’s Gross …

The recent Bhutan Innovation Forum brought together thought leaders and industry experts to discuss the integration of artificial intelligence (AI) and augmented reality (AR) in Bhutan’s economy. Focusing on education, tourism, and regulatory frameworks, speakers emphasized the potential for these technologies to revolutionize various sectors while aligning with Bhutan’s core …

Bhutan Innovation Forum saw a molecular biologist and Nobel Laureate, Dr Richard J Roberts, sharing insights into how Bhutan can leverage scientific advancements and business strategies to enhance its agricultural sector and economic prosperity. Dr Richard Roberts highlighted on the potential of small businesses in Bhutan. He said, “I am …