As the world grapples with the urgent need for conservation efforts, the Sustainable Finance for Tiger Landscapes Conference in Bhutan stands as a beacon of hope, inspiring collective action towards a …
Bhutan bags $159.3m loan from EIB for RE projects
This will fund hydropower and solar projects in Bhutan. Bhutan secured a 30-year $159.3m (EUR150m) loan from the European Investment Bank (EIB) which will be used to fund around 310 megawatts (MW) of …
Bhutan and EIB sign 150 million Euro loan for hydropower and solar photovoltaic projects
Bhutan and the European Investment Bank (EIB) signed the first-ever EIB project supporting reliable, green, energy for communities in Bhutan through a 150 million Euro loan with a tenure of 30 years.
Inside The Palaces Of The World’s Richest Royal Families
The Al Nahyans’ property portfolio extends across foreign shores to the … King Jigme Khesar Namgyel Wangchuck, also known as the Dragon King of Bhutan, came to the throne in December 2008, two years …
Bangladesh declines in freedom index, improves in prosperity: Atlantic Council
Among 12 South and Central Asian countries reviewed, Bangladesh has been ranked among seven “mostly unprosperous” countries along with Bhutan, Nepal, Kyrgyzstan, Uzbekistan, Tajikistan and …
ADB highlights need for innovative financing in Bhutan’s economic development
The Asian Development Outlook published recently reported that Bhutan’s economic growth is driven by public spending and capital accumulation. However, according to the report, capital accumulation …
Nu 15 billion ESP success hinges on policy changes
According to the finance ministry, the domestic credit was recorded at Nu … The government should also review the bankruptcy and insolvency laws. “Bankruptcy law in Bhutan is modelled for larger …
BCCI proposes draft Bill to protect business community
The Bhutan Chamber of Commerce and Industry, BCCI, says the absence of a comprehensive legal framework to protect businesses is leaving many vulnerable to risks and uncertainties. Recognising the …
Sleep in sweet tented suites at Bhutan’s Punakha River Lodge
Punakha River Lodge tented suites start at US$890 a night and that includes meals, guided tours, gratuities, taxes and transfer from Paro airport. Hotel amenities include a spa, heated swimming pool, …
Property Tax Reform: A small step toward citizen’s responsibility to develop Bhutan
the parliament enacted the Property Tax Act of Bhutan 2022. The property tax rates have not been revised since the Revised Taxation Policy (RTP) 1992. Many provisions of the RTP were revised between …