20-year-old Dorji Phuntsho Choden from Sonamthang under Panbang joined the nunnery when she was just seven years old. Despite societal taboos and water shortages in her community, she and her fellow nuns persevere, balancing spiritual duties with practical needs. Unlike most of the people her age, her day starts very …
Read More »Government working on FDI policy to get Nu 500 bn investment
During the meet-the-press, the Minister of Ministry of Industry, Commerce and Employment (MOICE) Namgyal Dorji, unveiled significant plans for revising country’s Foreign Direct Investment (FDI) policy. The minister shared that the ministry is meticulously reviewing the existing FDI policy of 2019, with plans to submit the revisions to the cabinet. …
Read More »Zhemgang unveils ambitious plans to boost tourism and economic prosperity
Sharing its border with five other districts namely Bumthang, Mongar, Pemagatshel, Sarpang and Trongsa, and an international border with the Assam in India, Zhemgang district boasts rich biodiversity spanning from subtropical to temperate climates. Despite its charm, the district has remained largely not known to tourism, with only 346 tourists …
Read More »The rise of young entrepreneurs across the country
The youth across the country are seizing the opportunity to pioneer projects that not only promise financial gain but also secure future employment prospects. A group of students from Gyalposhing College of Information Technology (GCIT) has unveiled Xceed Studio, a creative powerhouse aimed at pushing the boundaries of innovation. “We …
Read More »Public debt estimated to soar to Nu 306 bn according to Ministry of Finance
As per the Macroeconomic Second Quarter Report by the Ministry of Finance (MoF) projections indicate a substantial rise in public debt for the fiscal year 2023-24. According to the latest data released, the total public debt is estimated to soar to Nu 306.128 billion (bn) representing 114.7 percent of the …
Read More »Difficulties and prejudice experienced by parents of children with Autism
Autism Spectrum Disorder (ASD) is a developmental disability caused by differences in the brain. According to World Health Organization (WHO), ASD is a diverse group of conditions. They are characterized by some degree of difficulty with social interaction and communication. Other signs include unusual ways of doing things and acting, …
Read More »Inflation up in February 2024
As the Consumer Price Index (CPI) rose by 0.12 percent increase, the purchasing power of Ngultrum (Nu) diminished, now stands at Nu 56.4. In February 2024, CPI rose by 0.12 percent compared to January 2024. Within the CPI, the food category experienced a slight decrease of 0.05 percent, while the …
Read More »Bhutan and India MoU on food certification to help Bhutanese farmers and entrepreneurs to export to India
During the recent state visit of Narendra Modi, Prime Minister of India, a series of agreements were signed between Bhutan and India, aiming to strengthen collaboration. Among the significant agreements signed was a Memorandum of Understanding (MoU) between the Bhutan Food and Drug Authority (BFDA) and relevant competent authorities in …
Read More »Samtse to be an industrial hub
Ministry of Industry Commerce and Employment (MoICE) Lyonpo Namgyal Dorji shared industrial plans and developments for Samtse. The Dhamdum Industrial Park covers a large area of 349 acres and was initiated in the fiscal year 2015-16, with meticulous planning encapsulated in its three distinct pockets – A, B, and C. …
Read More »Low applications seen for BDB’s new collateral-free community development loan scheme due to 15% interest rate
Bhutan Development Bank (BDB) launched a collateral-free community development loan worth Nu 1 billion as part of its micro-lending program which received over 30 inquiries with 12 applications submitted. As of 9 March 2024, only three loans have been approved. Although the loan was introduced in November 2023, its actual …
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The Bhutanese Leading the way.