National News

… License renewal and fee costs Nu 3,000 to Nu 15,000 Lifting the moratorium on bar license, the Ministry of Economic Affairs (MoEA) directs all existing restaurants wishing to serve wine and liquor should transfer or obtain restaurant license from G2C system. A provision in the rules and regulations for operation of restaurant and retail wine and liquor business (2022) …

… team building peaking for the hotel industry With the possible reopening of the tourism industry in the country, hoteliers are readying their businesses by upscaling and renovating their properties.  The tourism industry closed after the pandemic hit the country in March 2020.  In line with the expected reopening of tourism in the country, hotels and other stakeholders of the …

… however, no definite timeline to restart the steel plant In a rumour that has been recently surfacing over the closure of the largest steel plant in the country and North Eastern region of India, Druk Metallurgy Limited (DML), the rumours have been put to rest. Yet to start operations, the steel plant is reeling under the side-effect of the …

… KHEL faces shareholding, funding issues Kholongchhu Hydro Energy Limited (KHEL), the first-ever joint venture hydropower project in Bhutan formed between Druk Green Power Corporation (DGPC) and India’s Satluj Jal Vidyut Nigam (SJVN)  is on the verge of shutting down due to disagreement among the shareholders and funding issues. The shareholder’s agreement for the development of 600 MegaWatt (MW) was signed …

… Export restriction of sugar will last for three-months With India imposing a temporary restriction on sugar exports, home-based confectionaries, bakeries and other businesses are worried about the impact on their businesses. The restrictions will be applicable with effect from June 1 to October 31. The marketing season for sugar in India follows the October to September yearly calendar. Export …

With import restriction lifted for ginger from Bhutan, the Economic Affairs minister states that the Government of India is actively considering imports of potatoes and areca nut. A May 19 notification from Directorate General of Foreign Trade, Ministry of Commerce and Industry states: “Import of fresh ginger, wholly produced in Bhutan, is Free subject to Article-I of Agreement on Trade, …

… scholarship is offered at Norbu Rigter College As part of iDesire’s Corporate Social Responsibility (CSR), the computer retail store is sponsoring a business degree scholarship at Norbu Rigter College (NRC). The scholarship includes full tuition fees, and boarding fee amounting to Nu 5,08,404. According to iDesire, the recipient of the scholarship will also have a chance to work with …

… members disprove of short-term election pledges and localized promises Wrapping the party convention, electing its president, and vice-president, and adopting the party charter, Druk Thuendral Tshogpa (DTT) is ready to register as a political party with Election Commission of Bhutan. The party president, Kinga Tshering said the party will submit the documents to ECB by next week. On the …

… the government is discussing the difference of fuel prices  Social media is rife with Foreign Minister, Dr Tandi Dorji’s voice message, subsequently, people are speculating different things. To set the record straight, Lyonpo Dr Tandi Dorji said, the voice message has only gone viral as he talked about surrendering the ruling, and it was not much about the escalating …

… if fuel price comes to a threshold rate, the taxes will be re-introduced To offset the soaring fuel prices in the country, the Ministry of Economic Affairs is suggesting the government to axe the five percent sales tax, and five percent green tax on fuels. However, this will have to undergo review at the parliament. The fuel price increased …