Bhutan, India agree to Air Travel Bubble Arrangement

With Bhutan and India agreeing to Air Travel Bubble Arrangement (ATBA) on September 18, Drukair operated its first flight under this arrangement to Bagdogra, India on Thursday. The ATBA is expected to enable flight operations between the two countries till the resumption of normal International flights between Bhutan and India. With this arrangement, Drukair will […]

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Nu 1.17bn approved for Digital Drukyul in FY 2020-21

Nine components under the Digital Drukyul flagship program are in full swing which make for 51.3% of financial progress with an approved budget of Nu 1.17bn in financial year (FY) 2020-21. The components include Integrated citizen services, E-Patient Information System, Digital School, E-Business, One Digital Identity, Government Initiated Network and ICT Capacity and Capability. According […]

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Exploring domestic tourism market amid Covid-19

With the coronavirus pandemic causing the closure of national borders and the suspension of international travel, the government is exploring ways to boost domestic tourism. Although domestic tourism has not picked up much so far, its importance and potential has been recognized for quite some time now. In fact, domestic tourism is an important component […]

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RAA recovers irregularities worth Nu 181.9mn in 2019

The Royal Audit Authority (RAA) recovered Nu 181.9mn of the total irregularities worth Nu 3,531.698mn in 2019, according to the Annual Audit Report 2019 released this week. However, the recovery amount is excluding the Nu 10. 356mn recovered from corporations and financial institutions that are retained in their respective Audit Recoveries Account (AAR). The recovery […]

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100% interest waiver granted for another three months

Borrowers will get 1% interest reduction if they repay their loans fully during deferment A 100% interest waiver for another three months, from July 1 to September 30 this year will be paid by the Druk Gyalpo’s Relief Kidu from National Resilience Fund to the Financial Institutions (FIs). And from October 2020 to March 31, […]

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CSOs employ more than 200 women to produce facemasks

More than 200 women home-based workers from the lowest economic strata, including nuns and prison inmates, are benefiting from the Civil Society Organizations’ (CSOs) facemask project. The task began half a month after the discovery of the first COVID-19 case in Bhutan and the team is witnessing more orders for facemasks.   The facemask that the […]

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Honey production drops due to erratic weather and mismanagement

Erratic rainfall and weather have severely affected the bloom of the buckwheat and fruit trees, the main food source for the honey bee population resulting in a decline in honey production in most of the Dzongkhags. While the price of honey in the market is soaring, the exporters made deals months ago, based on lower […]

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Payment gateway not feasible for startups

According to startups, the international payment gateway that the Royal Monetary Authority (RMA) initiated recently is not feasible for them to use. The startups shared the use of international payment gateway had many requirements and it will be challenging for them to use it. To avail payment gateway facilities, interested merchants would require fully functional […]

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