BUSINESS

Vegetable vendors and businesses are denying that there is a rise in the price of goods due to the adoption of the Pay Revision Bill of 2023. Although there is no substantial data available a majority of the people are concerned about the escalation of the price of food items …

The recent surge in mega festival events held in the capital has raised concerns among club owners, karaoke operators, and party organizers, threatening the survival of their businesses. The Bhutan Karaoke Association, representing a group of party, club, and pub owners, has taken the matter to the Thimphu Thromde, urging …

The Cabinet in a letter on 5 June 2023 has recommended to the Central Bank, Royal Monetary Authority (RMA), to consider extending the loan deferment period for a minimum of 3 years, considering the challenging times, so as to provide financial relief and flexibility to the borrowers. The Cabinet has …

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 …

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 …

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 …

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. …

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 …

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 …

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 …