One of the main structures that will come up in the Gelephu Mindfulness City (GMC) is the Gelephu Dzong modeled after the Rinpung Dzong of Paro. The site of the Dzong is being shifted from the top of the current Phulari Viewpoint overlooking Gelephu to the base of Phulari due …
Read More »His Majesty The King graced the final day of the Paro Tshechu
His Majesty The King graced the final day of the Paro Tshechu at Rinpung Dzong on 12 April 2025. The five-day Paro Tshechu concluded with the sacred unfurling of the Guru Thongdrol. His Majesty offered prayers before the Thongdrol and met with the people gathered for the occasion.
Read More »Bhutanese in USA face uncertainty with the immigration clampdown
In the Trump Administration immigration crackdown in the USA, it has been learnt that a middle-aged Bhutanese man in New York was detained by the US Immigration and Customs Enforcement (ICE) around a month ago. The man did not have any criminal record but only had a deportation order issued …
Read More »EOL civil servants from Australia find RCSC will not recognize their degrees
With the 35-year plus age visa restrictions coming into play in Australia it is found that an increasing number of civil servants on Extra Ordinary Leave (EOL), most of whom went to Australia, are now coming back after completing their studies. As per the Royal Civil Service Commission (RCSC) while …
Read More »The truth of the MEDB program
There has been much discussion and misinformation on the Media Enterprise Development Program (MEDB). It is incumbent on this paper to share the facts of this public program that has made a major positive impact on the Private Media. MEDB facts Since 2010 there was a steady decline in government …
Read More »Ferro Alloy industry takes a big hit
While the economy is expected to grow strongly in 2025, with the ADB projecting an 8.5% rise in GDP, the ferro alloy industry is facing challenges due to global uncertainty and local issues. Despite the positive economic outlook, some ferro alloy producers say they are not benefiting as much as …
Read More »Royal Tour to The East
His Majesty The King is on a Royal Tour of the eastern Dzongkhags, meeting with the people and dzongkhag officials across the region. On 10th April, His Majesty travelled to Tashigang, and granted Audiences to the dzongkhag officials of Tashigang and Tashiyangtse. His Majesty granted Audiences to the dzongkhag officials …
Read More »As Nu 34.141 bn in loan deferral ends on 30th June big question is what next
Financial Institutions (FIs), businesses and the government are all watching with concern as 30th June 2025 approaches – when the Nu 34.141 billion (bn) in loan deferrals granted for a year from July 2024 comes to an end. In June 2024 the Phase 4 monetary measures of the Royal Monetary …
Read More »Most FIs do worse in 2024 than in 2023 in a warning sign for the economy
Bhutan has 8 Financial Institutions (FIs) and 6 of them have all made less profits in 2024 than in 2023 with only two exceptions. The Bhutan National Bank (BNB) which is usually a star performer every year made only Nu 660.95 million (mn) in profits in 2024 after taxes compared …
Read More »Discussions on with potential investors in GMC
An official involved in the Gelephu Mindfulness City (GMC) project said there are conversations going on with an array of potential investors and interested companies in India, Asia, America, Europe and the Middle East. He said the focus right now is in finalizing the framework like taxation policy and laws, …
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