Shareholders have not collected their shares paid by 16 listed scripts with the Royal Securities Exchange of Bhutan (RSEBL). Unclaimed dividend is the dividend that is paid by the companies to its shareholders but the shareholder has not yet taken or claimed it. Druk PNB Bank Limited has accumulated Nu …
Read More »UNCRPD give rights to people with disabilities covering all aspects of life, from health, education and employment
The United Nations Convention aimed to promote, protect and ensure the full and equal enjoyment of all human rights and fundamental freedoms by all persons with disabilities. There are 173 State Parties to the Convention, and Bhutan is the only SAARC country, and among a few countries in the world, …
Read More »Prime commercial spaces find no takers and existing ones complain about the reduced income vs high rent
Not long ago it would have been unthinkable in Thimphu for prime commercial spaces to go unoccupied., but this is what is happening in Thimphu these days even as rents are reduced or other offers are made. Currently, the real estate trend has shifted to more sellers than buyers. There …
Read More »Government announces new SDF incentives of 4, 7 and 12 nights SDF waivers to encourage visits
The incentives are available for full US dollar SDF-paying tourists, and for stays in Bhutan between June 01, 2023 and December 31, 2024 (Thimphu, Bhutan, May 31, 2023): The Cabinet has today announced three different SDF incentives for US dollar SDF-paying tourists that are designed to encourage longer stays and greater exploration of all 20 dzongkhags. The incentives come into effect for bookings made from June …
Read More »Businesses in border towns are not doing well
Trade and commerce in the border towns of Phuentsholing, Gelephu and Samdrup Jongkhar, are down. The people that run businesses in these areas, share there are numerous factors that are killing their business, such as the reopening of borders with India, taxes and lack of population. The Chair of Members …
Read More »RMA partially lifts loan moratorium on BDBL
The Royal Monetary Authority (RMA) approved the partial lifting of loan moratorium of Bhutan Development Bank Limited (BDBL) to selected branch offices like Wangduephodrang, Tsirang, Dorokha, Gasa, Trashigang, Gedu, Dagapela, Jomotshangkha, Lhuentse, Zhemgang, and Nganglam. These selected branches will be providing limited credit services in critical areas with focus on …
Read More »Project DANTAK and DoST conduct cleanliness drive
Project Dantak, in coordination with the Department of Surface Transport, RGoB, has been conducting periodic Cleanliness Drive since 05th February 2023 coinciding with the 7th birth anniversary of His Royal Highness, The Gyalsey Jigme Namgyel Wangchuck, aimed at keeping the Western and Eastern highways as well as other roads of …
Read More »Rapid Surge in Education Consultancies and its impact
Consultancies agree to not post visa grant notices on social media In recent years, there has been a noticeable increase in the number of Bhutanese individuals seeking educational opportunities abroad. As the desire for international exposure and quality education grows, so does the demand for education consultancies in Bhutan. The …
Read More »Taxi drivers in the capital facing an acute shortage of passengers
In recent years, taxi drivers in Thimphu are facing a difficult time as a result of a decrease in the number of people residing in the capital city. Taxi drivers are seeing a drastic decrease in the number of local passengers and tourists. The main cause of the passenger shortage …
Read More »ABTO and tour operators feel govt plans to waive off SDF only after 5 nights will not have a major impact
In a bid to increase the numbers of tourists and their length of stay the government is looking at waiving off USD 200 SDF for tourists who stay beyond 5 nights. This means that if tourists stay for 5 nights then the next five nights are free. The numbers 5 …
Read More »
The Bhutanese Leading the way.