The World Bank (WB) in an important move approved USD 300 mn financing for the Accelerating Transport and Trade Connectivity in Eastern South Asia (ACCESS) Phase 2 project. Of the USD 300 mn USD 154 mn is in the form of grants. The WB’s indicative lending envelope for FY 2025–29 could …
Read More »Domestic Bond Launched to Support Gelephu International Airport
The Gelephu Investment and Development Corporation (GIDC) announced the launch of the Gelephu Mindfulness City Nation Building Bond (GNBB). This public bond allows Bhutanese within the country can take part in financing the Gelephu International Airport, the cornerstone of GMC. This Domestic Bond comes on the heels of the recently …
Read More »A recap of the Historic Royal Visit
The recent State Visit by Their Majesties the King and Queen of Thailand from 25th to 28th April to Bhutan marked a historic milestone in the friendship between Bhutan and Thailand. As the first State Visit by the King of Thailand, it reflected the deep bonds between our Royal Families, …
Read More »His Majesty in Gelephu
His Majesty The King, on an ongoing visit to Gelephu, on 19th April visited Jogighopa, Assam where an International Multimodal Logistics Park is under-construction, accompanied by Assam Minister Jayanta Mallabaruah and Chief Secretary of Assam Dr Ravi Kota. His Majesty also toured the nearby Inland Water Transport port. While in …
Read More »DeSuung Gold Pin Awarded to Dato Adam Htoon
His Majesty The King conferred the DeSuung Gold Pin, Bhutan’s highest award for voluntary service, on Dato Adam Htoon on 23 April in recognition of his exceptional support to Bhutan’s Medical Relief Team in Myanmar following the 28 March 2025 earthquake. Dato Adam Htoon’s timely and compassionate assistance enabled the …
Read More »Salhang Tendrel of Guru Nangsid Lhakhang
His Majesty The King on 20th April graced the Salhang Tendrel (groundbreaking) ceremony for the construction of Guru Nangsid Zilnon Lhakhang in Chokhorling, Gelephu. Located at the heart of Gelephu Mindfulness City (GMC), the Lhakhang is being built under the personal initiative of His Majesty The King. Dedicated to Guru …
Read More »Gelephu Dzong to blend tradition and modernity
One of the main structures that will come up in the Gelephu Mindfulness City (GMC) is the Gelephu Dzong modeled after the Rinpung Dzong of Paro. The site of the Dzong is being shifted from the top of the current Phulari Viewpoint overlooking Gelephu to the base of Phulari due …
Read More »GMC to establish Nu 1 bn Mass Engineered Timber factory
One of the early structures that will come up in the Gelephu Mindfulness City (GMC) is a Mass Engineered Timber factory or production unit. This will be required early on because the specialized Glue Laminated Timber will be required for the construction of the GMC International Airport which is supposed …
Read More »PM welcomes Myanmar volunteers home
On 17th and 18th April, the Prime Minister Dasho Tshering Tobgay welcome home the first and second group of volunteers sent from Bhutan to Myanmar to extend humanitarian assistance. The PM said, “Guided by the leadership of His Majesty The King, you carried out your duties with courage, compassion, and …
Read More »DoMCIIP clarifies the ‘Nu 40 mn private media subsidies’ figure
In recent times there has been much discussion of a Nu 40 mn figure of subsides allegedly given to the private media in the past decade. However, the Department of Media Creative Industry and Intellectual Property (DoMCIIP) clarified that the 40 mn subsidies figure is not just for the private …
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The Bhutanese Leading the way.