In a significant move aimed at improving the livelihoods of civil servants and retaining them within the country, the National Assembly (NA) of Bhutan recently approved a substantial 50 percent pay hike. While the decision has sparked a lively debate among the country’s recent graduates, surprisingly, many of them do …
Read More »SDF earnings zoom up since tourism reopening
In the Parliament session, the Finance Minister shared that the country has generated USD 16 mn in the past 8 months since the reopening from 52,000 tourists, with about 32,500 Indian tourists paying INR 1,200 and about 19,000 dollar paying tourists with a little over half of them paying under …
Read More »Sick MoF SOEs have to be turned around or they may be shut down: Finance Secretary
With the Acting Secretary of the the Ministry of Finance, Leki Wangmo making it clear there is no special funds in the budget to give a 50 percent pay hike to MoF State Owned Enterprises unless they can afford it, the weak financial status of these SOEs come into light …
Read More »Bhutan’s National Basketball Team makes history
The Five-Nation Championship held in the Maldives saw Bhutan’s Senior Men’s National Basketball Team exhibit the finest teamwork and spirit throughout the tournament. The team members Rinchen Dorji (Captain), Tashi Tendhar, Dendurp Wangchuk, Sonam Drukpa, Jigme Younten, Sonam Tshering Jattu, Rabgay, Tsheltrum Gyeltshen, Phub Gyeltshen, Khenrab Jamtsho and Ugyen Klezang. …
Read More »Fuel prices drop drastically but transportation prices need to do better
A common complaint of people is that when fuel prices move up, the vehicle and transportation fares also move up, but when fuel prices come down, the drop is not as sharp. People anticipated that as fuel prices fell drastically over the last few months due to Indian Oil companies …
Read More »MoICE minister says street vendors will be allowed but with rules and specified locations
During the Question and Answer session in the parliament, the Minister of Industry, Commerce and Employment Karma Dorji answered the enquiries of Members of Parliament (MP) regarding street vendors. The MP of Mongar Constituency questioned the minister regarding street hawkers who are restricted from doing business at popular religious sites …
Read More »High numbers of snake bites in Bhutan but awareness and anti-venom limited
Snakebite incidents in Bhutan have become a growing concern, with an increase in reported cases in southern Dzongkhags prompting urgent measures to address the issue and raise public awareness. Recent incidents highlight the need for preventive measures and improved medical resources to combat venomous bites. According to Mongar Hospital, one …
Read More »Traffic-in-Transit adopted by NA to boost trade
On June 13, the house unanimously ratified both the agreement and protocol on movement of Traffic in Transit between the Peoples Republic of Bangladesh and the Royal Government of Bhutan (RGOB). All the 44 members present and voting, voted in its favor. The protocol provided the framework to ensure greater …
Read More »PM blames past, pandemic and Ukraine war for private sector woes
The Khar-Yurung Constituency MP Tshering Choden said the national vision is for a developed Bhutan. Accordingly, in 2029 the GDP should move from USD 2.5 bn to 5 bn and to USD 10 bn by 2034. The aim is to also provide 97.5% employment. She said to achieve this aim …
Read More »BNB announces T Bank as Official Visa Associate
Bhutan National Bank (BNB), a leading financial institution committed to delivering cutting-edge banking solutions, is pleased to announce its collaboration with T Bank as an official Visa associate. This strategic partnership marks a significant milestone in expanding the reach of Visa’s innovative payment solutions and providing enhanced financial services to …
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The Bhutanese Leading the way.