BUSINESS

The 590 MW Chamkharchhu-II project has been identified for implementation in partnership with an Indian multinational infrastructure conglomerate, GMR Group, with detailed investigations and studies expected to be completed by the end of 2027. Based on the techno-economic viability determined through these studies, Druk Green Power Corporation (DGPC) and GMR …

Three-star hotel owners have called for urgent government intervention, warning that many establishments may not be able to sustain operations or repay loans without immediate support. The concerns were raised during a meeting held on Tuesday between three-star hotel owners, the vice president of the Hotel and Restaurant Association of …

The Royal Monetary Authority of Bhutan (RMA) in close collaboration with the National Land Commission Secretariat (NLCS)  officially launched the Integrated Collateral Management System (iCoMS), a national platform designed to improve collateral verification, strengthen financial integrity, and enhance public service delivery through a unified digital architecture on 17th March. The …

Bhutan is accelerating its shift towards electric mobility as fuel prices hit record highs, exposing the country’s continued vulnerability to imported petroleum and global market volatility. The Ministry of Infrastructure and Transport (MoIT) confirmed that it is currently developing a comprehensive Electric Vehicle (EV) Strategy to guide the country’s transition, …

Despite the rising cost of global oil prices, public transport fares and delivery rates remain unchanged. The Bhutan Construction and Transport Authority (BCTA) reports that the current price fluctuations are not yet abnormal enough to trigger a formal revision. Chief Program Officer at BCTA, Tshongdu,  said, “Currently, all the rates …

Police are awaiting a postmortem report after the body of a newborn infant was discovered inside a plastic bag at the Hongkong Market waste disposal area on the morning of 9th March 2026. The shocking discovery was made around 10 am by waste collectors who were carrying out their routine …

Though the GST is an important tax there has been a largely negative reaction to the GST in the backdrop of land tax in the past, the economy still recovering, especially for the private sector, rising cost of living, and lack of customers for businesses as many Bhutanese head abroad. …

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 …

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 …

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 …