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More than half the applicants are from tourism sectors but rest are from other impacted sectors Most applicants have their census in Trashigang, Samtse, Sarpang and Mongar The Druk Gyalpo Relief Kidu which saw its first disbursement of Nu 150 mn to 13,006 people on Thursday could well be extended …

25-year-old Sonia Tamang, who is a resident of Motithang in Thimphu and currently working in a call center in Kolkata does not have enough funds for her airfare back to Bhutan as her company has not paid her salary for around a month and a half and it is currently …

One fall-out of the COVID-19 has been on Bhutan’s stock market which has seen a record market capitalization or cap of Nu 4.8 bn in value being wiped out since March 5 to April 30, 2020. The market cap or the total value of all the stocks on the stock …

While there was a lot of appreciation for loan interest waivers on loans there was a segment of people unhappy with the Non Performing Loans before 29th February not getting the interest waiver though the principal payment had been deferred for all by three months. Their main argument was that …

Two of the biggest economic projects under construction in Bhutan are the 1200 MW Punatsangchu I project at Nu 93.75 bn and the 1020 MW Punatsangchu II project at Nu 72.90 bn and both of them are impacted by both the outbreak of COVID-19 in Bhutan from 6th March and …

Out of plan 14 bn worth of base course for 9,239 km of farm roads planned among others to support the economy A key concern for the government is that the GDP growth target of 6 to 7 percent in the 12th Five Year Plan (FYP) could drop to 4.7 …

One main question and worry at the top of many Bhutanese minds will be on if and when there would be a national lockdown, like neighboring India or other countries across the world. However, Lyonchhen Dr Lotay Tshering said that this scenario is highly unlikely even if there is local …

2000 plus applications on day 1 itself Most people calling are from the tourism industry The Druk Gyalpo’s Relief Kidu was launched on 14th April Tuesday morning around 10.30 am by the Prime Minister Dr Lotay Tshering. Immediately after the launch, the RMA Governor Dasho Penjo informed the gathering that …

Banks to get relief through CRR and T-Bills The CEOs of the two biggest banks in Bhutan, Bank of Bhutan (BoB) and Bhutan National Bank (BNB) both said that sheer majority of the interest waiver will go to medium and small borrowers. His Majesty had announced the waiver of three …

Working from home and social distancing should not affect service delivery: RCSC Chairperson One impact of the COVID-19 situation in Bhutan is a noticeable slowing down of service delivery from the civil service. This drop was noticeable from after the first case of COVID-19 in Bhutan, but it has become …