BUSINESS

Nu 1 billion study abroad program faces criticism

In response to a question during the monthly meet-the-press the Prime Minister (PM) clarified on the government’s plan to allocate Nu 1 billion to support one child from each eligible family to study abroad. The eligibility criteria were designed to benefit economically disadvantaged families, those who have not sent any family …

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MoESD plans to replace the Moderation Exercise with the  BPST

The Ministry of Education and Skills Development (MoESD) has announced plans to replace the Moderation Exercise, a current performance evaluation method, with the Bhutan Professional Standard for Teachers (BPST) aiming to reduce teacher workload and improve job satisfaction. Lyonpo Yeezang De Thapa explained that the discussions with the RCSC and …

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Bhutanese products can command premium prices abroad: Frankenberg

At the recent Bhutan Innovation Forum (BIF), one of the discussions revolved around the theme of mindful innovation and entrepreneurship, highlighting how cultivating awareness, emotional regulation, and a realistic understanding of the business landscape can drive success. Alex Von Frankenberg, Managing Director of The High-Tec Gründerfonds, opened the dialogue by …

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The world of AI and Augmented Reality: Can Bhutan Benefit?

The panel discussion on the world of artificial intelligence (AI) and augmented reality (AR) in Bhutan, included AI’s role in enhancing efficiency and personalization, and AR’s ability to bridge digital and physical worlds. The panelists highlighted the importance of ethical AI, aligning with Bhutan’s values of Gross National Happiness (GNH), …

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Exploring decentralized finance: A new dawn for entrepreneurs in Bhutan

In parallel session at Bhutan Innovation Forum, experts delved into the transformative potential of decentralized finance (DeFi) for entrepreneurs in Bhutan, particularly in rural areas where access to traditional banking services is limited. DeFi, which leverages blockchain technology to facilitate peer-to-peer transactions, presents an innovative solution to the financial challenges …

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PM’s address at the UN

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 …

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Tsento hydro project in Paro for power generation and water supply

The 33 MW Parochu Integrated Multipurpose Hydropower Plant (IMHP), located in Tsento Gewog, Paro, is progressing steadily and has raised hopes, not only for increased energy generation but also for providing solutions to water shortages in the region.  IMHP is positioned to address multifaceted needs, blending hydropower development with water …

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Kingdom of Bhutan International Film Festival launched

The Bhutan Film Institute (BFI) has launched the Kingdom of Bhutan International Film Festival (KBIFF), introducing a short film competition as its inaugural event. This is the first ever international film festival in the country. The competition, open to filmmakers from across Bhutan, provides a significant platform to display their …

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