Dorji Choden

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 »

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 »

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 »

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 »