BUSINESS

The Panbang Dungkhag Court on 6 April 2022 convicted a 35-year-old man, Neten Wangchuk, and a 36-year-old man, Sangay Gyeltshen, to life imprisonment and 5 and half years in prison respectively. Neten Wangchuk is the stepfather to the 9-year-old victim, and the court convicted him for statutory rape. Sangay Gyeltshen …

The increased city bus fares are hurting the commuters already burdened by inflation. Tshering, a regular commuter, is dissatisfied with the fare increase. “I live in Babesa and my office is in the Core Area. The city bus added Nu 10 to the fare. Previously, the fare from town to …

With the rising cost of commodities, rents and electricity, many people had hoped that the Bhutan Power Corporation (BPC) could waive off the electric bills, or even a certain percentage off of the bill amount. Earlier the Prime Minister Dasho Dr Lotay Tshering said that the government has talked to …

With the cancellation of the driver switching modes on 28 March, the transportation charges have come down, as shared by many business entities. However, commodity prices have not fallen. Instead, the price of some commodities, such as vegetable oil, dalda, and so on, has increased. A wholesaler in Babesa, Thimphu, …

Inflation expected to jump sharply The steep hike in fuel price is adding to the misery of the people hit hard by the pandemic. The cost escalation in goods and services due to the fuel price hike has many worried about making ends meet. The price of diesel has increased …

The government has spent Nu 871 million (mn) on quarantine centers with 134,233 individuals quarantined across the country till date, according to data from the Prime Minister’s Office (PMO). The Prime Minister Dasho Dr Lotay Tshering had earlier said that around 100,000 people have undergone quarantine in various quarantine centers …

The Prime Minister Dasho Dr Lotay Tshering said that even if Bhutan removes the quarantine requirements right now, there will not be much tourists coming for a year or two due to the ongoing pandemic, and now the conflict between Ukraine and Russia. The PM said that quarantine requirements have …

The Technical Advisory Group (TAG) team has also done some estimation on how many people will require hospitalization and ICU care if 60 percent of the population is infected. If 60 percent of population are infected, then the projection by the TAG is about 44,000 cases will be detected, out …

The shortage of cement in the country is having an impact on the construction sector and on the private builders. The shortage may ultimately lead to cost escalation, low quality work at construction sites, and black business. The Coal, lockdown  and transportation problem It was learnt that the biggest issue …

Economic growth of 5% not possible in 2021-2022 says MoEA Minister Additional worries about inflation and shortages due to war in Ukraine The Ministry of Economic Affairs had signed an Annual Performance Agreement (APA) to bring the economy to a growth rate of 5% by 2021-2022 but Lyonpo Loknath Sharma …