The country’s economy, deeply intertwined with its expansive hydropower sector, is showing promising signs of resilience and growth according to the latest World Bank report. With an average real GDP growth rate of 7 percent from 1980 to 2020, Bhutan’s economic trajectory has been significantly shaped by the operationalization of …
Read More »Jangchub Chorten consecrated
Her Majesty The Gyaltsuen and His Royal Highness Gyalsey Ugyen Wangchuck graced the Consecration ceremony of Jangchub Chorten in Chelela on 28 August 2024. The Chorten was built under the Royal Command of His Majesty The King, as a Dharma initiative to commemorate the birth of His Royal Highness Gyalsey …
Read More »Kinley Dem represents Bhutan at Paris Paralympics Games
Bhutan competed at the Paris Paralympics Games with Ms. Kinley Dem representing the nation in the Women’s 10m Air Rifle competition. HRH Princess Eeuphelma Choden Wangchuck, along with the Bhutanese delegation, were present to cheer Kinley on, demonstrating the nations support for its para-athletes as they strive for excellence. The …
Read More »Bold FDI changes coming
On 29 January 2024, the Prime Minister issued a directive to the Ministry of Industry, Commerce and Employment (MoICE) to review the Foreign Direct Investment Policy and submit recommendations to the Government by March 1, 2024. An official said, “Until now the FDI policy has undergone very incremental changes and …
Read More »BCSEA to no longer set trial examination papers
The Bhutan Council for School Examination and Assessment (BCSEA) has announced a change in its approach to trial examinations. Effective immediately, the practice of sending trial examination question papers from BCSEA to schools will be discontinued. Instead, schools will return to setting their own trial examination questions, a system that …
Read More »DRC signs major contract for integrated taxation system with international company in steps to modernize the system
The Department of Revenue & Customs (DRC) of the Royal Government of Bhutan (RGoB) has announced the signing of a significant contract with Data Torque Limited (DLT) for the development of the Bhutan Integrated Taxation System (BITS) yesterday. The project (BITS) is a crucial step towards modernizing Bhutan’s tax administration, …
Read More »The Radish Model: The Legend of Chorten Kora
By Thukten Tenzin The journey from Thimphu to Trashiyangtse was both tiring and rewarding. Moving from the busy capital to a place known for its unique culture, nature, and history was an amazing experience. Trashiyangtse, also called the “Peak of Prosperity,” is famous for its traditional arts, especially its well-known …
Read More »Nearly half of Bhutanese women justify domestic violence
Nearly half of Bhutanese women still believe a man is justified in hitting his wife under certain circumstances. This alarming statistic is just one of many troubling findings from the latest National Health Survey, which reveals a pervasive culture of violence and control affecting women and girls across the country. …
Read More »Bhutan maintains its Iodine Deficiency elimination status
In a recent health survey conducted in Bhutan, encouraging progress has been reported in the country’s efforts to combat Iodine Deficiency Disorder (IDD). One of the key revelations from the survey is the household coverage with iodised salts in preventing iodine deficiency. The survey findings revealed that 95.07 percent of …
Read More »Banks developing SOP for Nu 5.3 billion ESP concessional loan program
The much-anticipated Concessional Credit Line and Reinvigoration Fund, part of the Economic Stimulus Programme (ESP), were officially announced on August 7. The government has unveiled a Nu 5.3 billion concessional credit package as part of the ESP. The ESP is set to inject Nu 5.3 billion directly into financial institutions. …
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The Bhutanese Leading the way.