The proposed joint venture between the Adani Group and Druk Green Power Corporation (DGPC) over the 570 MW Wangchu project got off to a rough start at first. Initially the Adani Group indicated that it wanted a 70% majority stake in the project and not just a 30-year concession period, …

In a significant move, His Majesty The King  on 1st October 2024  appointed Mun Leong Liew as CEO to lead the groundbreaking Gelephu Mindfulness City (GMC) in the Kingdom’s Special Administrative Region. His Majesty, Chairman of the Board of Directors (BOD) of the Mindfulness City, concurrently appointed Liew to the BOD alongside …

Changi Airports International of Singapore has been appointed to work alongside BIG on the development of plans for the International Airport in the Gelephu Mindfulness City (GMC). Changi Airport is one of the biggest in Asia and is the most awarded airport in the world winning the best airport award …

His Majesty The King, Her Majesty The Gyaltsuen, Members of the Royal Family, the Prime Minister and other dignitaries at day one of the Bhutan Innovation Forum held from 1st to 3rd October at the Dungkar Dzong in Pangbisa, Paro.

The session, ‘Gelephu Mindfulness City: From Vision to Action,’ at the Bhutan Innovation Forum (BIF) offered some details on the potential businesses and investment opportunities in the GMC. TER The big reveal of the session was by HoBeng Lim, Managing Director, Finance, GMC who talked about a new currency for …

During the session ‘Investments in Innovation and New Ventures,’ at the Bhutan Innovation Forum the issue of Bhutan’s Bitcoin mining came up. The question from the audience was how safe is Bhutan’s crypto investment and how does bitcoin contribute to financial inclusion, raising financial consciousness and driving innovation, especially in …

Late Sumitra Chhetri finally got justice as Choten (Cheten) Tshering has been found guilty of murder and also rape of a child above the age of 12 year (digital penetration). As per the Thimphu District Court judgement for the charge of murder Choten was found guilty and sentenced to Life …

In what will come as a major relief to banks and bank employees, the High Court ruled banks and their employees need not pay the interest and penalty of Phajo Nidup amounting to Nu. 129.154 mn imposed on various banks by the Special Bench on May 2024. Initially, the time …

Mr. President, Mr. Secretary-General, Excellencies, Distinguished Delegates, I bring to you warm greetings from His Majesty the Druk Gyalpo. Excellencies, fifty-three years ago, on the 21st of September, 1971, a small Himalayan kingdom was admitted to the United Nations. On that day, after centuries of self-imposed isolation, Bhutan became the …

On Sunday Lyonchhen Dasho Tshering Tobagy delivered a statement at the Summit of the Future in the UN General Assembly plenary meeting of the 79th session. In the address the Prime Minister said that in these challenging times, the Summit of the Future shines as a beacon of hope and …