BUSINESS

The Royal Monetary Authority  said it has completed its inspection involving a client of the Bank of Bhutan (BoB)and the findings indicate that the incident is the result of fundamental gaps in governance, risk oversight, internal controls, and change management practices. RMA said the matter cannot and must not be …

The Ministry of Agriculture and Livestock (MoAL) has achieved nearly 80 percent of its 13th Five-Year Plan (FYP) output goals, recording a primary sector contribution of Nu 39.6 billion (bn) as of 2025. The Mid-term review (MTR) for central agencies of the 13th FYP was conducted today at the PEMA …

The Department of Revenue and Customs (DRC) has reported that the total number of GST registrants as of 9th April 2026, stands at 4,164. According to the data provided, the number of monthly filers is 3,628, while quarterly filers number 130 and six-monthly filers account for 406, bringing the grand …

This paper asked the Ministry of Finance (MoF) that given the under collection of GST Revenue compared to the old BST, administrative and compliance burden for small businesses and inflation of essential goods and services, would the government consider doing away with GST or modifying it. The Finance Minister Lekey …

Finance Minister Lyonpo Lekey Dorji said rising geopolitical tensions pose a risk to the country’s economic outlook. He noted that Bhutan’s heavy reliance on imported fuel makes it vulnerable to global price swings, which could drive up inflation, increase transport costs, and put pressure on government finances and the broader …

MoICE Minister Lyonpo Namgyal Dorji addressed recent concerns regarding the cancellation of a private newspaper’s license, clarifying that the decision was strictly procedural. The license expired on 30th October 2025, and despite the full 120-day renewal window, including grace and penalty periods, and multiple reminders, the required documents were not …

A quiet tug of war has been unfolding between the government and Bhutan Telecom (BT) over the mobile data price reduction since 27th February 2025, when the Cabinet approved the internet cost reduction strategy. The directive called for a 50 percent reduction in mobile data prices for packages ranging from …

The 590 MW Chamkharchhu-II project has been identified for implementation in partnership with an Indian multinational infrastructure conglomerate, GMR Group, with detailed investigations and studies expected to be completed by the end of 2027. Based on the techno-economic viability determined through these studies, Druk Green Power Corporation (DGPC) and GMR …

Three-star hotel owners have called for urgent government intervention, warning that many establishments may not be able to sustain operations or repay loans without immediate support. The concerns were raised during a meeting held on Tuesday between three-star hotel owners, the vice president of the Hotel and Restaurant Association of …

The Royal Monetary Authority of Bhutan (RMA) in close collaboration with the National Land Commission Secretariat (NLCS)  officially launched the Integrated Collateral Management System (iCoMS), a national platform designed to improve collateral verification, strengthen financial integrity, and enhance public service delivery through a unified digital architecture on 17th March. The …