Developer

Changing the mindset

The story of Jangchub Dorji, is a microcosm of the challenges our private sector faces and a reminder of how far we still have to go in building a truly enabling environment for entrepreneurship in Bhutan. Jangchub is not a flybynight operator. He is a young, capable entrepreneur with a …

Read More »

The Scramble for Critical Minerals

By Rabah Arezki & Rick van der Ploeg PARIS – The world’s superpowers have developed a seemingly insatiable appetite for the critical minerals that are essential to the ongoing energy and digital transitions, including rare-earth metals (for semiconductors), cobalt (for batteries), and uranium (for nuclear reactors). The International Energy Agency …

Read More »

A middle path in Tsirang

The Tsirang Dzongda’s move to stop Rajen Tamang’s religious gatherings has split Bhutan down a fault line. The constitutional promise of religious freedom versus the cultural fear of conversion and proselytism. Both sides claim legality and both say they protect harmony.  However, only one fully respects process and proportionality. Article …

Read More »

Why Markets May Soon Call America’s Tariff Bluff

By Pinelopi Koujianou Goldberg NEW HAVEN – Three months after President Donald Trump announced plans to impose sweeping new tariffs on most countries, the US economy appears surprisingly resilient. The stock market has rebounded from its initial slump, inflation remains under control, and fears of a recession have receded – …

Read More »

Demystifying China’s Manufacturing Success

By Zhang Jun SHANGHAI – Chinese manufacturing has come a long way – and by some measures, it is stronger than ever. Whereas foreign-invested enterprises were the driving force behind China’s manufacturing exports 20 years ago, most of these firms are now leaving China, having lost their market share to …

Read More »

Too Big to Fail

The phenomenal rise of Bhutan’s ferro silicon sector from a modest beginning in 1990 to a Nu 17.7 billion export powerhouse in 2024 was largely driven by international market cycles, cheap hydro power, and policy support. But today, the country stands at a crossroads with nine new ferro factories coming …

Read More »

The Runway to Bhutan’s Future

On the sunlit morning of July 8, 2025, amidst the rhythm of machinery and sacred chants, Bhutan witnessed the beginning of a journey that will outlast all of us. With His Majesty The King, Her Majesty The Gyaltsuen and Their Royal Highnesses standing shoulder to shoulder with Desuups and Gyalsups …

Read More »