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 …
Read More »BTP gearing up for the upcoming NA election
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 …
Read More »79 new HIV cases detected in 2022
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 …
Read More »21,409 tourists arrived in the country from 23 September 2022 to 3 January 2023
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 …
Read More »KS Garment: Country’s first mass garment producer
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 …
Read More »BCCI requests RMA on 6-month NPL cooling period
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 …
Read More »Look back at the economy, business and finance in 2022
The COVID-19 pandemic continued with its onslaught on slowing down the economic growth. The economy is still in its recovery mode. In the month of May, labour import and use were made more liberal to help revive the economy. The Royal Monetary Authority (RMA) froze loans of BDBL, RICBL, and …
Read More »Contract teachers to be reinstated after reassessing their performance as teacher shortage bites
With the increasing number of teachers either resigning from work or taking the Extra Ordinary Leave (EoL) and then resigning, the Human Resource Committee members of the Ministry of Education (MoE) will be reassessing the 205 National Contract Teachers (NCT) and Regular Contract Teachers (RCT) to extend their contract period. …
Read More »Bhutanese heading to Australia face a housing crunch and rising rents
The Facebook page of the Association of Bhutanese in Perth Incorporated (ABPI) with around 8,900 members is a good place to go to to get a pulse of what is happening in the largest Bhutanese settlement in Australia. The posts from members are usually about social events, job openings, business …
Read More »Foreign reserves to last for a year and half: PM
In the State of the Nation Address (SOTN), Prime Minister Dasho Dr Lotay Tshering briefed the nation on the status of the foreign reserves currently, at USD 776.63 million (mn). According to the SOTN, the net financial inflows which finances the current account deficits has been decreasing due to lower …
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The Bhutanese Leading the way.