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Businesses worried over sugar, wheat export restriction

โ€ฆ 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 …

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GoI is actively considering imports of potatoes, areca nut: MoEA Minister

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: โ€œImport of fresh ginger, wholly produced in Bhutan, is Free subject to Article-I of Agreement on Trade, …

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MoEA to revise existing entertainment rules, regulations

โ€ฆ Drayangs not eligible to directly operate other entertainment businesses Due to changes in the Drayang entertainment business, the Ministry of Economic Affairs is in the process of revising existing entertainment rules, and regulation. The change will be based on the Media Act of Bhutan (2018). Additionally, the Economic Affairs Minister, Loknath Sharma highlighted that entertainment businesses are not allowed …

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iDesire to offer need-based academic scholarship

โ€ฆ scholarship is offered at Norbu Rigter College As part of iDesireโ€™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 …

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DTT to submit documents for registration

โ€ฆ 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 …

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Viral message taken out of context: Lyonpo Dr Tandi Dorji

โ€ฆ the government is discussing the difference of fuel prices  Social media is rife with Foreign Minister, Dr Tandi Dorjiโ€™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 …

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MoEA suggests axing five percent sales tax, green tax on fuels

โ€ฆ 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 …

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In a cordyceps poaching incident, one succumbs to bullet injury

In the scuffle between the illegal cordyceps collectors in Lunana and the patrolling team of the Royal Bhutan Army and forest officials, both the parties have been injured while a suspected poacher succumbed to bullet injury. In the latest report, one villager from Dangchu, Wangdue Phodrang succumbed to a bullet injury. According to the Department of Forests and Park Services …

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Sri Lanka agrees to grant concessions on visa fees

โ€ฆ No revision of stipends for APEMS students in Sri Lanka Students pursuing education in Sri Lanka, and the future students will not have to pay a visa of USD 270 for the entire study period, they will only have to pay one-time visa fee. The overall visa fee of USD 270 is also expected to come down. This was …

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Third Internet Gateway to cost below USD 5 per mbps

โ€ฆThe main catalyst for the third internet gateway is Bangladesh The price negotiation for third internet gateway of Bhutan has verbally come to an end, the government is waiting for counterparts to seal the deal soon on papers through proper channels. For the additional price to implement the third internet gateway, Bhutan requested International Long Distance (ILD) in India a …

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