According to Finance Minister Lekey Dorji, during the GST approval process, the Department of Revenue and Customs (DRC) submitted the schedule to the Ministry of Finance (MoF), which approved it and forwarded it to the Cabinet before submission to the National Assembly. Lyonpo noted that the cabinet had initially thought …
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Construction and industry to remain key drivers Bhutan’s economy is projected to grow by 6.86 percent in 2026, moderating from an estimated 8.71 percent in 2025, according to the latest domestic economic outlook. The slowdown is largely attributed to an expected deceleration in the industry sector, particularly as growth in …
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According to import data, Bhutan saw Nu 815 million (mn) worth of tobacco in various forms and e-cigarettes being imported in 2025 with a break up of 766.56 for tobacco and Nu 48.447 mn for e-cigarettes. In 2024 tobacco products worth Nu 745 mn were imported and e-cigarettes worth around …
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An MoU was signed at the Invest Bhutan Summit between Singye Namgyal, founder of Himalayan Agarwood, and Surya Narayanan Ramachandran of Fouad Alghanim & Sons Group of Companies, marking the start of a proposed Foreign Direct Investment (FDI) partnership for commercial agarwood cultivation in eastern Bhutan. The project plans to …
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A total of six Memoranda of Understanding (MoUs) and two partnerships were signed between Bhutanese businesses and foreign investors at the Bhutan Invest Summit held on 12th and 13th February. FDI Registration Certificate and an in-principle approval were issued to Drugyal Selchu, a bottled drinking water manufacturing company based in …
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Druk Green Power Corporation (DGPC), at the recent Invest Bhutan Summit, proposed financing needs of Nu 2.192 trillion (1000 billion = 1 trillion) for power generation and Nu 62 billion for transmission infrastructure. The proposed funding will be used to finance planned solar and hydropower projects in the pipeline to …
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Druk Holding and Investments (DHI) pitched a green hydrogen facility powered by renewable hydropower at the Bhutan Investment Summit. Phase I of the project will focus on green hydrogen production through electrolysis using renewable electricity, while Phase II will expand into downstream products, including green ammonia (NH₃), urea, methanol, and …
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By Tshering Dorji (Mr Bhutan) The world as I see it: “I try to find myself in things, but i keep losing myself.” We inhabit a world that is intricately connected, deeply complex, and increasingly unpredictable. A world of extreme abundance and heart wrenching deprivation. A world where a few …
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The Sephu Solar Power Plant has so far injected about 13.55 million units of electricity into the national grid, with the highest monthly generation of 3.30 million units recorded in December. According to Ministry of Energy and Natural Resources (MoENR), this trend is expected to continue for the next few …
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With 930.9 metric tonnes of potatoes currently remaining in Phobjikha and Gangtey, the government has announced a distribution plan targeting schools and Gyalsung Academies. To address broader market gluts, the Ministry of Agriculture and Livestock (MoAL) is also exploring options for the export of high-quality seed potatoes to Bangladesh under …
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The Bhutanese Leading the way.