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Tshering Tobgay - 4 Tobgay - 2 Jigme Singye Wangchuck - 1 we've - 1 We've - 1 Tobgay's - 1 CNBC's Monica Pitrelli - 1 Jigme Khesar Namgyel Wangchuck - 1
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Search resuls for: "Tshering Tobgay"


4 mentions found


☆ Bhutan turns to 'Gross National Happiness 2.0' as crisis deepens
  + stars: | 2024-05-24 | by ( Monica Pitrelli | Penny Sadler | ) www.cnbc.com   time to read: +2 min
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. But recent discussions of "Gross National Happiness 2.0" by its newly elected Prime Minister Tshering Tobgay suggest that change on some level is underway as the country struggles with an economic crisis that's left it — as Tobgay has said— "teetering on the brink of collapse." But with youth unemployment rates of nearly 30% and about one in eight people living in poverty, has Bhutan reached a point where its quest for national happiness must change? Seen from the successes of the social progress area, we have failed economically." But seen from the successes of the social progress area, we have failed economically."
Persons: Tshering Tobgay, Tobgay, Jigme Singye Wangchuck, we've, We've Organizations: CNBC Locations: Bhutan, Asia
☆ Think Bhutan’s $100 daily tourism fee is pricey? It could go even higher, says prime minister
  + stars: | 2024-05-21 | by ( Monica Pitrelli | Penny Sadler | ) www.cnbc.com   time to read: +2 min
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 reopened its borders in September 2022 with an increased "Sustainable Development Fee" of $200 per person per day in place. Indian travelers pay a reduced fee of 1,200 Bhutanese ngultrum ($14.50) per night, and daytrippers from India are exempt from the fee, according to Bhutan's Department of Immigration. The rate often included hotel, transportation and tour guide costs, and the mandatory $65 Sustainable Development Fee. Now, those costs are in addition to the $100 Sustainable Development Fee.
Persons: Tshering Tobgay, Tobgay, Tobgay's Organizations: Bhutan's, CNBC, Bhutan's Department of Immigration, Tourism, of Bhutan, Tobgay's People's Democratic Party . Locations: Bhutan, Asia, India, daytrippers
☆ A fee rise ahead? Bhutan's Prime Minister on the amount people 'willing to pay' to visit
  + stars: | 2024-05-20 | by ( Monica Pitrelli | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA fee rise ahead? Bhutan's Prime Minister on the amount people 'willing to pay' to visitOnce Bhutan reaches a "quota" of 300,000 tourist arrivals, it may consider raising its Sustainable Development Fee, Prime Minister Tshering Tobgay told CNBC's Monica Pitrelli
Persons: Tshering Tobgay, CNBC's Monica Pitrelli Organizations: Bhutan's Locations: Bhutan
☆ New party to face old guard in Bhutan's fourth free vote
  + stars: | 2023-12-01 | by ( Gopal Sharma | ) www.reuters.com   time to read: +2 min
The People's Democratic Party (PDP) received the highest number of votes in the preliminary round of the election held on Thursday, followed by the Bhutan Tendrel Party (BTP), the ECB said. Druk Nyamrup Tshogpa (DNT), the party headed by outgoing Prime Minister Lotay Tshering, finished fourth, the ECB vote counts showed. PDP, headed by former Prime Minister Tshering Tobgay, is a liberal group founded in 2007, which had formed the government in Bhutan between 2013 and 2018. They also share similar views on several other issues such as the development of hydroelectric power, agricultural growth, and unemployment. Majority-Buddhist Bhutan, which is roughly the size of Switzerland, has deep economic and trade relations with its southern neighbour, India, which is its biggest donor.
Persons: Jigme Khesar Namgyel Wangchuck, Jetsun Pema, Britain's King Charles, Henry Nicholls, Nyamrup, Lotay Tshering, Tshering Tobgay, Pema Chewang, Gopal Sharma, Alex Richardson Organizations: Buckingham, REUTERS, Bhutan, Democratic Party, Bhutan Tendrel Party, ECB, Buddhist, Thomson Locations: London, Britain, China, India, Bhutan, Buddhist Bhutan, Switzerland
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