NA supports cattle tax exemption, withdraws GST Bill

The National Assembly (NA) supported the Cattle Tax Exemption Bill 2024 after the finance minister proposed to exempt cattle tax to encourage livestock rearing and boost rural economies. Introducing the Bill, Finance Minister Lekey Dorji said that the existing cattle tax, based on the Revised Taxation Policy of 1992, levies a tax ranging from Nu […]

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Bhutan National Council highlights regional disparities in tourism sector

The Economic Affairs Committee of the National Council (NC) has raised concerns over the uneven distribution of tourism, pointing to a regional imbalance in tourist arrivals across different dzongkhags. The Committee Chairperson Tshewang Rinchen highlighted stark regional disparities in tourist numbers. In 2019, the western region attracted 230,296 tourists, a stark contrast to the central […]

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Bhutan Trust Fund sets ambitious $250 million portfolio for environmental sustainability by 2040

The Bhutan Trust Fund (BTF) unveiled its ‘Roadmap 2040’, outlining a strategic vision to expand its financial portfolio to USD 250 million by 2040. Launched on the 69th Birth Anniversary of His Majesty the Fourth Druk Gyalpo on November 11, the BTF Roadmap 2040 is designed to address the evolving environmental challenges that Bhutan faces, […]

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Bhutan travel: How to visit the Land of Happiness on a budget in 2024

For a country that’s long prioritised a balanced lifestyle and good governance over economic gain, Bhutan is doing something it’s never done before: embrace more independent, cost-conscious travellers in an urgent bid to revive its faltering economy. Tshering Tobgay, now prime minister, characterised Bhutan’s economy as “on the brink of collapse” in a November 2023 […]

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Bhutan Leads Formation of ‘G Zero’ Alliance at COP29 to Combat Climate Change

Prime Minister Tshering Tobgay Unveils New Forum of Carbon-Negative Countries, Aims for Global Cooperation on Emission Reduction with Support from SACCJF By Masum Billah, Baku (Azarbaizan), 13 November In a significant move to combat climate change, four carbon-negative countries—Bhutan, Madagascar, Panama, and Suriname—have united to form the “G Zero” Forum, a new coalition aimed at advancing […]

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G-ZERO Initiative to Champion Climate Action Launches in Baku

By Rinzin Wangchuk November 13, Baku, Azerbaijan — In a landmark move to tackle the escalating climate crisis, four countries—Bhutan, Madagascar, Panama, and Suriname—have united to launch G-ZERO, a new forum committed to driving global climate action. This initiative was unveiled at the 29th Conference of the Parties (COP29) of the United Nations Framework Convention […]

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Bhutan Parliamentary Entitlement Bill to be tabled in upcoming winter session

The National Assembly (NA) will begin its second session of the fourth Parliament on November 14, with discussions planned around bills, motions, and policy updates. The session will introduce the Parliamentary Entitlement Bill, which addresses benefits for Members of Parliament (MPs). The Parliamentary Entitlement Bill, which previously drew public criticism for allegedly prioritising MPs’ benefits […]

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Bhutan joins global fight against cybercrime through national cybersecurity strategy

Bhutan Computer Incident Response Team has recorded over 100 scam cases in recent years, with some falling victim to financial losses, defamation, and extortion. This is according to the National Cybersecurity Strategy 2024-2029. As the country embraces digital transformation and shifts more services online, the rapid adoption of technology has also heightened its vulnerability to […]

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Aggregation program in Bhutan could be a game changer for farmers and the agricultural economy

Dophum, a 42-year-old farmer from Guma gewog in Punakha, planted Kamtey rice this season. She plans to switch to high-value varieties like Tan-Tsering and Nabja next year. This shift is encouraged by an aggregation programme launched by Farm Machinery Corporation Limited (FMCL) yesterday at Dzomlingthang in Guma gewog. The programme aims to strengthen Bhutan’s agricultural […]

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Laya’s lifeline: Horses, community, and economy

In Laya, horses play an important role in supporting the community’s economy. When the region had no roads, horses were the only means of transportation, carrying villagers and their loads across rugged terrain and steep paths that required days of exhausting travel. The road construction project began in the 2012-13 fiscal year. The 24-kilometre stretch […]

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