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MTI launches Bank of Bhutan's strategising process
Daily FT
|June 26, 2025
AN international team of MTI Consultants, along with their Bhutan-based Associates, are in Thimphu this week to launch the Bank of Bhutan’s six-year Corporate Strategic Plan, with a strategic thrust on Al integration and digital transformation.
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Bank of Bhutan (BoB) is the largest and oldest commercial bank in Bhutan, established in May 1968 under a royal charter. It operates a network of over 45 branches across Bhutan, offerin
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Daily FT
Govt. urges media responsibility amid confusion over recent weather systems
CABINET Spokesperson and Mass Media Minister Dr. Nalinda Jayatissa yesterday issued a strong appeal to the media and the public to act responsibly and avoid spreading confusion over recent weather events, including the Cyclone Ditwah, warning that misinformation risks undermining the country’s recovery efforts at a critical moment.
2 mins
December 17, 2025
Daily FT
Cabinet approves Rs. 150 m to fast-track e-Courts
THE Cabinet of Ministers on Monday approved a Rs. 150 million allocation to the Judicial Service Commission to accelerate the rollout of the e-Court Project, reinforcing the Government's push to modernise the country’s judicial system in line with its wider fiscal and governance reform agenda.
1 mins
December 17, 2025
Daily FT
Tourist arrivals cross 2.2 m mark
THE anticipated tourism rebound is edging into its final, decisive stretch of 2025 with arrivals now firmly above 2.2 million as of first half of the month, but the arithmetic of the final weeks suggests the industry will need an exceptional December to meaningfully exceed its lower-end ambitions.
2 mins
December 17, 2025
Daily FT
Indian rupee slips to all-time low of 91.07 against US dollar
The Indian rupee (INR) fell to a record low on yesterday against the US dollar, as uncertainty looms over the India-US trade deal after several rounds of negotiation between both sides and sustained outflow of foreign capital.
1 min
December 17, 2025
Daily FT
Govt. clears Rs. 47.18 b revision for lower Malwathu Oya project
Cabinet approves extending timeline to 2030
1 mins
December 17, 2025
Daily FT
Parliament sits tomorrow to approve Rs. 500 b spending bill for disaster recovery
CABINET Spokesman and Minister Dr. Nalinda Jayatissa yesterday confirmed that the Government will convene a special sitting of Parliament on 18 and 19 December to present and secure approval for a Rs. 500 billion Supplementary Estimate for 2026, aimed at urgently financing disaster management, infrastructure development, and the rebuilding of damaged homes.
1 mins
December 17, 2025
Daily FT
Three State agencies face Rs. 216 b Ditwah damages bill
Road and bridge restoration alone estimated at Rs. 190 b Power and water utilities report losses exceeding Rs. 25 b Damage to railways and regional roads yet to be assessed World Bank, ADB funding being explored to cover damages
2 mins
December 17, 2025
Daily FT
Sri Lanka seeks greater ADB backing for post-Ditwah recovery, says Sajith
OPPOSITION Leader Sajith Premadasa said Sri Lanka will require enhanced support from the Asian Development Bank (ADB) to recover from the damage caused by Cyclone Ditwah.
1 min
December 17, 2025
Daily FT
SLASSCOM: Tech pay stabilising as firms pivot to performance
SRI Lanka's technology services sector (including IT, BPM, and tech services) is entering a phase of pay normalisation, with companies moving away from crisis-era salary hikes and sharpening their focus on performanceand skill-based rewards, according to the SLASSCOM Compensation and Benefits Survey Report 2025.
2 mins
December 17, 2025
Daily FT
Yala paddy stocks to reach market ahead of festive season
THE Cabinet of Ministers at their meeting on Monday approved steps to mill and release paddy stocks purchased during the last Yala season into the domestic market, as the Government seeks to ease supply pressures ahead of the year-end festive period without resorting to direct price controls.
1 mins
December 17, 2025
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