The improvement of the Haa-Samtse Secondary National Highway is progressing steadily, with completion expected by 2027. Lyonpo Chandra Bdr Gurung, Minister of Infrastructure and Transport during the 9th sitting of National Assembly shared that the improvement of Haa-Samtse secondary National Highway project is being undertaken in phases, with some stretches …
Read More »Parliamentary debate highlights budget concerns for the agriculture sector for the 13th Five-Year Plan
During the Question-Hour Session of the National Assembly (NA) the Member of Parliament (MP) of Mongar Constituency, Naiten Wangchuk, raised critical questions to the Minister of Agriculture and Livestock,Younten Phuntsho, regarding the 13th Five-Year Plan (FYP). He expressed concerns about the ambitious goal to increase the agriculture sector’s GDP contribution from …
Read More »Bhutanese artist faces copyright dispute over his original song
A popular Bhutanese artist, Tshering Dorji, has found himself embroiled in a copyright dispute over a tribute song he wrote called “Druk Me Yongi Moenlem”. The artist released the song on 17 December 2023 giving every Bhutanese a powerful song that says it speaks our heart, and is a tribute …
Read More »Finance Minister explains loan interest rates and outlines banking sector reforms
The Member of Parliament (MP) from Nanong-Shumar constituency, Yeshey Jamtsho, confronted the Minister of Finance over the banking sector’s interest rate policies. The MP raised concerns that while lending rates have stagnated at approximately 14% over the years, deposit rates have sharply declined, leading to increased profitability for financial institutions …
Read More »Agreement between Bhutan and Kuwait to enhance air service
The agreement shall come into force following the ratification of the Air Service Agreement (ASA) by the Parliament. ASA establishes a formal and legal basis for the contracting parties to operate air services. It lays down procedures and other requirements for Bhutanese airlines to follow while operating to Kuwait and …
Read More »Investing Nu 10 bn towards building a 21st-century workforce
As part of its 13th FYP, the report reveals a substantial investment of Nu 10 billion aimed at equipping the population with the essential skills and knowledge required for the modern economy. “This program is aimed at equipping the Bhutanese population with relevant knowledge and skill-sets for 21st-century economic needs.” …
Read More »Nu 10 bn for digital transformation in 13th plan
In a significant move towards modernizing its infrastructure and governance, Bhutan has unveiled its 13th FYP, placing a strong emphasis on digital transformation and robust governance. Led by the GovTech Agency, this initiative aims to enhance the country’s digital infrastructure while bolstering cybersecurity measures, with a substantial budget allocation of …
Read More »13th plan to be economy focused and responds to mass migration
While all five-year plans have been instrumental in the development of Bhutan, once the basics like water, road, electricity, education and health were achieved the plans seemed to be more of the above and lacked an ability to address the growing economic stagnancy. This may have perhaps been why the …
Read More »64,941 tourists arrive in first five months
Bhutan welcomed 23,547 visitors in May 2024, marking the highest monthly arrivals since reopening after the pandemic. From January 1 to May 31, 2024, Bhutan received a total of 64,941 guests, a significant increase compared to the 43,074 visitors during the same period in 2023. In May 2023, the country …
Read More »Local products shine at the 3rd Made-in-Bhutan and Watermelon Festival 2024
The 3rd Made-in-Bhutan Exhibition and Watermelon Festival 2024, organized by the Bhutan Chamber of Commerce & Industry (BCCI) and the Department of Employment and Entrepreneurship (DoEE), is themed “Fostering Entrepreneurship for Economic Self-reliance.” Approximately 34 varieties of products, mostly from the Cottage and Small Industries (CSIs), are participating in the …
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The Bhutanese Leading the way.