The Royal Monetary Authority (RMA) is currently in the process of reviewing the framework of the Minimum Lending Rate (MLR) with the main aim being to lower the lending rates. RMA is carrying out the exercise to soften the loan repayment burden, as the loan deferral comes to an end, …
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All hell broke loose in Bhutan on 15 March 2025 when the New York Times in an article said that Bhutan was in a draft Red List of 11 countries that would see a complete travel ban to the USA. The other ten countries were Afghanistan, Cuba, Iran, Libya, North …
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Chiba Institute of Technology, Japan, offered an Honorary Doctorate to His Majesty The King on 27 May 2025. The university cited His Majesty’s leadership in guiding Bhutan’s democratic transition, advancing the philosophy of Gross National Happiness, and championing visionary national initiatives such as Gyalsung and the Gelephu Mindfulness City (GMC) …
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First time home owners, disabled or children and spouse disabled, parents with more children, salaried class, small businesses, big businesses etc. to all benefit The Income Tax Bill 2025 has major changes that will put more money in the pockets of salaried people, small businesses, and even large corporations. Personal …
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One of the important legislations under the wider tax reforms is the Excise Tax Bill 2025 that places Excise Tax on Tobacco and related products, Alcohol and alcoholic beverages, Pan Masala or Supari, Aerated waters (Carbonated drinks) and Vehicles. The cumulative effect of the flat 7% Goods and Services Tax …
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The revised Goods and Services Tax (GST) Amendment Bill is set to take effect from January 1, 2026, and introduces several significant changes to taxation, exemptions, penalties, and the appeals process. These changes were presented by Finance Minister Lyonpo Lekey Dorji during the National Assembly session on May 26. The …
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His Majesty The King visited Gelephu on 17 May to meet residents affected by the development of the Gelephu Mindfulness City (GMC) Airport, and visit key GMC sites. Accompanied by the GMC Governor and officials, His Majesty met with families who have moved to new locations with support from GMC, …
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Around a week ago, The Bhutanese received a request for a meeting with the German Ambassador, Dr Philipp Ackerman, who was coming to Bhutan on a visit. This reporter met with the Ambassador on Wednesday, who said the main reason for him wanting to meet the newspaper was the paper’s …
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On 15 May 2025 Unit IV of the 1,020 MW Punatsangchu II project had to be shut down during the trial run due to overheating. The project has 6 units of 170 MW each and is currently generating power on 3 commissioned units of around 500 to 560 MW. An …
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The Tsirang Dzongkhag Court has issued its verdict in the Damphu Building Case, in which the Dzongkhag Administration and the municipality had cut off water and electricity to the building located in Damphu town. This action was taken after the basement of the building was used as an area to …
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The Bhutanese Leading the way.