Bhutan’s development programs were examined by ESP
The ESP Secretariat has allocated Nu 15b to revitalise key sectors like tourism and creative industries, with the government releasing Nu 7.5b in three installments. Nu 1 billion allocated for…
New certification scheme to protect regional handicrafts
Bhutanese traditional arts and crafts continue to thrive despite increasing commercial pressures, with Nepal and India imports declining. Local artisans remain engaged with external clients. The government is implementing measures…
Maximizing the use of limited arable land
MoAL and NLCS have identified 11,557 acres for large-scale agricultural use in eight dzongkhag, Bhutan. Over the past five years, 274 land lease applications have been approved, with 70 more…
Govt recover subsidies for EV taxis that were not delivered
The PMO will recover subsidies for 27 EV taxis that were not delivered or sold to intended recipients under a sustainability project, which aimed to replace 300 fuel-driven taxis with…
Government emphasis on tourism & agriculture
Bhutan’s Finance Minister Lekey Dorji plans to boost agriculture, tourism, and foreign direct investment to expand its economy beyond hydropower, aiming for 8.93% growth in 2025. Bhutan’s government is committed…
Future-proofing for extreme weather
Bhutan’s climate is deteriorating, causing flash floods, glacial melt, and unpredictable rainfall, posing threats to communities, infrastructure, and agriculture, with projected increases in precipitation and water shortages. Reduced glacial runoff…
GMC Conference on Digital Assets will be attended by international financial professionals
For senior world executives, the GMC Special Administrative Region is getting ready to organize a high-profile conference on strategic reserves that will explicitly address the integration of digital assets. Gathering…