BUSINESS

Aum Pem and her daughter Aum Pem, 65, sells vegetables door-to-door in Thimphu to make ends meet. She does whatever it takes to help her 31-year-old daughter who works at the Tech Park and earns a basic salary of Nu 13,000. “My daughter says, Ama, there is no need to …

One of the most significant legislations of the government is the revised Property Tax Act of Bhutan where land and house taxes have been significantly revised. The Prime Minister Dasho (Dr) Lotay Tshering talking about the land tax said a five-acre land in all parts of the country was paying …

On 26 July 2022, the erstwhile Tourism Council of Bhutan (TCB) announced that it will inspect the hotels for the TCB certification. The notification stated, “In view of the requirement for all guests to stay in TCB certified accommodations, the readiness assessment will be carried out only for 3-Star and …

Finance Minister, Namgay Tshering, stated that there is enough foreign reserves to last for 14 months for import of essentials, during the first meet-the-press session of the year yesterday. During the winter session of the Parliament, in the State of the Nation (SOTN) Address, Prime Minister Dasho Dr Lotay Tshering …

The recent trend of productive age group people and experienced people leaving Bhutan for countries, like Australia, is a major concern. According to Minister of the erstwhile Ministry of Labour and Human Resources, Karma Dorji, experienced people leaving is a major concern because it takes time to replace the experienced …

A new political party, Bhutan Tendrel Party (BTP), joins the race in the National Assembly election 2023. The party was officially registered on 9 January 2023 and the party’s election symbol is an elephant, which symbolizes strength, character and stability. According to BTP, the party has a mix of highly …

A total of 79 new HIV cases were detected in 2022 in the country, of which 40 HIV cases were diagnosed from January to June, and 39 cases from July to December 2022. This is one of the highest annual total cases detected up until now, as compared to the …

As per Department of Tourism (DoT), a total of 21,409 tourists have arrived in the country from 23 September 2022 to 3 January 2023. A total of 3,776 tourists arrived in the country paying the full USD 200 Sustainable Development Fee (SDF), with 6,108 tourists paying the old SDF of …

KS Garment, one of the country’s first mass garment production company produces quality casual wares and designer puffer jackets with a blend of the country’s culture and fabric with western fabric with its brand made in Bhutan. Hoping to slowly replace the imported products, KS Garment is popular with niche …

The Bhutan Chamber for Commerce and Industry (BCCI) said that the Royal Monetary Authority’s (RMA) strict guidelines for non-performing loans (NPL) has impacted the business sector of the country and they will be appealing to the RMA to ease the guidelines on behalf of the business sector. An NPL is …