BUSINESS

During the launch of the 21st Century Economic Roadmap the Minister for Industry Commerce and Employment Namgyal Dorji announced that the government plans to launch a USD 100 mn venture capital fund. “In the era of economic growth, the government has planned strategies and since today is an auspicious day …

Behavioral change key to controlling future outbreaks Poor biosecurity and unsafe feeding practices has triggered another outbreak of African Swine Fever (ASF) in Bhutan, with two households in Zangkhaphu village, Tsento Gewog, Paro, reporting infected pigs. The Ministry of Agriculture and Livestock (MoAL) confirmed 11 cases through RT-PCR testing on …

The previous government, Druk Nyamrup Tshogpa (DNT), introduced a policy that removed the class 10 cut-off point, enabling all students to progress to class 11, regardless of their academic performance. This policy was designed to provide every student with equal opportunities to complete their education, particularly benefiting those from low-income …

In response to the recent overcharging of green tax by the 11 car dealers, the Department of Revenue and Customs (DRC) issued a public notice stating that the dealers should refund their customers within 15th February, 2025. The Minister of Finance, Lyonpo Lekey Dorji stated that if the refund is …

GovTech is looking at three possible aspects in reducing data charges by fifty percent as per the government’s goal of making Bhutan a high-income GNH economy by 2034. An official from GovTech said, “Through consultations in technical groups, we are looking at three to four proposals. A short-term, a mid-term, …

National Housing Development Corporation Limited (NHDCL) recognizing the housing crisis and challenges, particularly for low-income employees, is constructing about 860 housing units under the Green and Resilient Affordable Housing Sector Project(GRAHSP), where employees from all sectors will benefit. NHDCL shared that as per the project document, the private sector subject …

Yak farming is a vital part of highland communities in Bhutan, supporting over 3,000 households with essential income and sustenance. Yaks provide products, like dry cheese, meat, butter, milk, and wool, and enable access to valuable resources such as cordyceps and herbal medicines. However, the future of yak farming is …

With many new brand-new Euro 6 diesel vehicles across different companies failing or requiring repeated maintenance, the main suspect was the fuel quality being sent to Bhutan. The paper even accessed two fuel quality reports of samples taken from broken down vehicles that showed the fuel quality was not to …

Gelephu Mindfulness City (GMC), Bhutan’s new Special Administration Region, today announced its intention to recognise digital assets such as Bitcoin (BTC), Ether (ETH) and BNB as part of its strategic reserves, making the Special Administrative Region (SAR) one of the first jurisdictions to officially hold digital assets as part of …

The electricity sector plays an important role in the country’s economic growth, contributing 11.61% to the Gross Domestic Product (GDP) in 2023. As per the Environmental Accounts Statistics of 2024 in 2023, the total electricity supply reached 11,157.60 GWh, marking a modest 1.42% increase from the previous year’s supply. The …