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 …
Read More »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 …
Read More »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 …
Read More »Tour operators feel airfare subsidy will make limited impact
As the Nu 96 mn airfare subsidy is launched, the tour operators have a different view on the feasibility and rationality of this execution. “The Ministry is taking steps to help the tourism industry, and we appreciate that, but it was too short of a notice for us, and tourists …
Read More »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 …
Read More »18 Desuups revitalize 7,000 stadium seats for 117th National Day at Changlimithang Stadium
As the nation gears up for the 117th National Day, Changlimithang Stadium is undergoing a striking transformation. A historic landmark in the country’s history is being readied to host not just an event but a moment of national pride. Over 7,000 plastic seats at the stadium, faded from years of …
Read More »Farmers’ group under RAA scanner for misuse of Nu 5 million
The Milk Processing Unit (MPU) operated by Zambala Farmers’ Group in Norbugang Gewog in Pemagatshel is under the Royal Audit Authority (RAA)’s scanner, as a case of misuse of sales proceeds amounting to Nu 4.738 million (mn). It was found that the sales proceeds received by various office bearers were …
Read More »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 …
Read More »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 …
Read More »Government accelerates economic revival measures amid ESP implementation concerns
During the Meet-the-Press on 6th December, the government provided updates on its efforts to address the challenges faced by key sectors, including tourism, construction, and hotels, while also clarifying the status of the Economic Stimulus Plan (ESP). Despite initial hurdles, the government reiterated its commitment to revitalize the economy, and …
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The Bhutanese Leading the way.