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Bhutan may reconsider its controversial $100 daily tourism fees if the country's tourism industry recovers soon, Bhutan's Prime Minister Tshering Tobgay told CNBC on May 10.
Bhutan's governing philosophy of "Gross National Happiness" has been heralded the world over for balancing economic growth with the well-being of its citizens.
“Given that Bhutan is currently facing economic challenges, India understands its needs and ambitions,” said Aditya Gowdara Shivamurthy, an associate fellow of the strategic studies program at the Observer Research Foundation (ORF).
Bhutanese Prime Minister Tshering Tobgay’s recent visit to India, taking place amid ongoing border negotiations with China, underscores the kingdom’s careful diplomatic strategy aimed at strengthening its ties with New Delhi without provoking Beijing, analysts have said.
KATHMANDU — Bhutan's liberal politician Tshering Tobgay, leader of the People's Democratic Party (PDP), officially began his second term as prime minister on Sunday (Jan 28), following elections earlier this month.
THIMPHU, Bhutan (AP) — The People’s Democratic Party won the most seats in Bhutan’s parliamentary elections Tuesday and will form the new government as residents hope politicians make good on promises to fix the economic crisis in the Himalayan nation.