THE NATION

Services sector to see steady growth as economy rebounds in 2025

According to the monetary policy statement from the Royal Monetary Authority, the services sector is projected to grow moderately at 4.7 percent in 2025 and 4.1 percent in 2026, supported by favourable performance in the hotel and restaurant, transport, finance and insurance, and wholesale and retail trade sectors. Tourist arrivals …

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Industrial Development Roadmap 2025 unveiled to boost sector growth

The Ministry of Industry, Commerce and Employment officially launched the Industrial Development Roadmap (IDR) 2025 on 8th August, marking a step toward transforming the country’s  industrial sector. IDR provides a strategic framework aimed at creating a dynamic, inclusive, and globally competitive industrial landscape. The roadmap addresses longstanding challenges in the …

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Government assessing 4% interest subsidy for hotels under ESP

The Ministry of Industry, Commerce and Employment (MoICE), in consultation with the Royal Monetary Authority (RMA), is currently assessing the feasibility of extending a 4% interest subsidy to hotels, according to the MoICE Minister, Namgyal Dorji. The proposed support would be based on defined eligibility criteria, similar to what was …

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Spiritual masters lead Gelephu’s mindfulness foundations

Eight prominent figures from Bhutan’s Vajrayana Buddhist tradition are leading the spiritual foundations of the Gelephu Mindfulness City (GMC), with their projects formally granted Royal Charters by His Majesty The King. According to GMC, the spiritual leaders include the Central Monastic Body, His Holiness the Je Khenpo, Gangtey Trulku Rinpoche, …

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