HEADLINE STORIES

Bhutan gets Nu 1.943 bn excise duty refund for 2014

A delegation led the Director General of Directorate General of Inspection, Customs and Central Excise, Government of India (GoI), P.K Mohanty, visited Bhutan, from May 13 to 22, for verification and qualification of the Excise Duty Refund (EDR) claim of the Royal Government of Bhutan (RGoB) for 2014. During the …

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Bhutan’s tourism sector feels the Nepal quake

157 cancellations within just 20 days Ever since the major earthquake in Nepal on 25th April 2015 around 20 days ago the Tourism Council of Bhutan has seen 157 cancellations from 31 tour companies almost all from the Kathmandu sector. Given that the tariff is USD 250 per tourist and …

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NRDCL’s Nu 400 mn quarries flop has lessons for SMC

The 68th cabinet meeting on 6th April 2010 decided that the Natural Resources Development Corporation (NRDCL) should establish and set up stone quarries and crushing units to provide high quality stone chips at affordable prices to the construction industry. Subsequently the Ministry of Finance on 12th April 2010 wrote to …

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