BUSINESS

Details on the laws that will apply in GMC

The Bhutanese sent some questions to the Gelephu Mindfulness City Legal Team to get more details on the Laws that will apply in the GMC be it the Common Law of Singapore or the Abu Dhabu Global Market (ADGM) laws. Some FAQs sent by the GMC later on have also …

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BCCI and MoICE come up with 235 issues leading to regulatory bottlenecks

To address regulatory bottlenecks effectively, Ministry of Industry, Commerce, and Employment (MoICE) collaborated with the Voice for Green Change Partnership (V4GCP) Project, funded by the European Union, and the Bhutan Chamber of Commerce and Industry (BCCI). Through stakeholder consultation, issue compilation, committee formation, and rigorous validation processes, about 235 issues …

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ESP has a slow start but is gathering pace

The Economic Stimulus Plan (ESP), designed to provide concessional loans and reinvigoration funds to businesses, has seen mixed results as of December 2024. Under Window-I of the ESP, which offers concessional loans to support sectors such as agriculture, livestock, and small-scale industries, a total of 1,473 applications amounting to Nu …

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Heli Bhutan to start services in February 2025

Bhutan’s first private helicopter services Heli Bhutan accepted its new helicopter on 19th December 2024 at Airbus delivery Center Marignane, France. This acceptance signifies the handover of the helicopter to Heli Bhutan. The aircraft is due to arrive Bhutan by the 3rd week of January and official operations will commence coinciding …

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His Majesty on an official trip to Delhi

His Majesty The King and Her Majesty The Gyaltsuen are in Delhi on a two-day official visit to India starting 5th December. His Majesty The King met with India’s Prime Minister Narendra Modi, at his official residence in Lok Kalyan Marg, Delhi, on the morning of 5th December. The Prime …

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His Majesty graces the first Gyalsung Passing out Parade

The first cohort of the first batch of Gyalsung Cadets completed their training today with Passing Out Parades (POP) held simultaneously across the four Gyalsung Academies in Khotokha, Pemathang, Jamtsholing, and Gyalpozhing.   His Majesty The King graced the ceremony in Khotokha, and addressed Gyalsups across all four academies. Her Majesty …

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