Trade deficit to widen to 12.5 percent of GDP this FY

Increased imports against a marginal increase in exports could see the trade deficit widen to 12.5 percent of gross domestic product (GDP) this fiscal year (FY) 2021-22, according to the Royal Monetary Authority’s annual report, 2021. 

Third internet gateway rests on negotiation table

Bhutan’s push for a separate international gateway since 2011 remains on the negotiation table. 

PII completion to depend on availability of workers

With the reduction of the quarantine period to five days for...

Government decides to discontinue gaydrung post

The government has decided to discontinue the post of gaydrungs (gewog...

PCAL remains closed since February

The country’s oldest cement manufacturing establishment, Penden Cement Authority Limited (PCAL),...

Dzongkhags managing without dzongdags

Even as the third local governments have just begun their term,...

Tax revenue to grow to 11.7 percent of GDP

The tax revenue to grow to 11.7 percent of gross domestic...

Covid-19 fear keeps patients away from national referral hospital

With not many people coming to Jigme Dorji Wangchuck National Referral...

Quarantine for local travelers ends on April 4

Those travelling from high-risk to low risk don’t have to quarantine...

Licences of five firms suspended for alleged tax evasion and collusion 

The Anti-Corruption Commission (ACC) has suspended five business entities in Phuentsholing,...

PM shares possibilities for the region at BIMSTEC summit

Speaking at the fifth Bay of Bengal Initiative for Multi-Sectoral Technical...

Economic affairs ministry proposes options to reduce fuel price 

The Ministry of Economic Affairs (MoEA) has proposed numerous interventions to...

Actions will be taken on free-roaming Covid-19 positive cases

The increasing number of positive cases in the community is attributed...

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