LOCAL NEWS

MoIT MTR shows achievements

On Thursday  afternoon, the Prime Minister chaired the Mid-Term Review (MTR) of the 13th Five-Year Plan for the Ministry of Infrastructure and Transport (MoIT). The Ministry’s roadmap is centered around enhancing national connectivity by land and air, and significantly improving the livability of our settlements. The review highlighted substantial progress …

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Fuel prices up

The government informed that fuel import costs have continued to increase, with the rise in diesel prices being of particular concern. This is especially significant because diesel is a critical input for transport, construction, distribution and other key economic activities, and as such, it has a direct impact on the …

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Indian petrochemical shortage may impact Bhutan

India is facing a major petrochemical shortage following the escalation of conflict in the Middle East, with industries dependent on oil and gas feeling the impact. The hardest hit are petrochemical sectors, particularly downstream industries such as plastics and agrochemicals. According to The Economic Times, major petrochemical companies and producers, …

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A Thimphu doma “pan” shop owner’s struggle to survive

In the quiet corners of Thimphu’s buildings, humble doma (betel leaf with areca nut and lime paste) shops, also known as “pan” shops, are facing a harsh reality. For owners like Karma, soaring rents and the introduction of GST are turning small-scale entrepreneurship into a daily struggle, forcing some to …

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ESP allocates Nu 844 mn to hotels for the 4 percent subsidy

The Government is set to spend approximately Nu. 844 million to provide a one-year 4% interest subsidy under the Economic Stimulus Programme (ESP) for the hotel sector. Tashi Wangmo, Secretary of the Ministry of Industry, Commerce and Employment (MoICE), said the Ministry is working closely with the Royal Monetary Authority …

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Tourism recovery continues but remains uneven

Service sectors continue to perform strongly, but overall growth is expected to moderate to 5.82 percent, down from the earlier projection of 6.21 percent for 2025, according to the macroeconomic outlook from the Ministry of Finance (MoF). The downward revision is mainly due to the hotels and restaurants subsector, which …

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