Almost 4,000 loan applications are submitted to BDBL through ESP Window-I
Two funding sources support the ESP’s operations. While Window-II, also referred to as the reinvigoration fund, offers 4% interest subsidies on both new and existing loans for businesses affected by…
International transactions driven by SWIFT transfers & card payments
According to the most recent report from the Royal Monetary Authority, Bhutan’s international payment systems displayed a range of trends in the fourth quarter of 2024. At 73,720, the total…
Bhutan Launches Electric Vehicle Incentive Program to Cut Emissions
Bhutan’s government has rolled out a new electric vehicle (EV) subsidy program to reduce air pollution and promote sustainable transportation. Under the plan, citizens will receive financial incentives to purchase…
15% increase in foreign exchange reserves to USD 700 million
The Indian economy’s foreign exchange reserves increased by 15.39% YoY to USD 700.51 million in December 2024, covering 18.12 months of essential imports. The finance ministry predicts the reserves will…
A building ban hinders the hardware industry in Gelephu
Karma Tshetem’s once-thriving hardware company in Gelephu has been in freefall for almost a year. Her shelves used to be filled with construction materials, but after being forced to cut…
15th Asian Parliamentary Assembly includes Bhutan as participant
From February 18 to 20, the speaker of the National Assembly will represent Bhutan at the 15th APA Plenary in Baku, Azerbaijan. “The Role of Parliamentary Diplomacy in Strengthening Multilateral…
MoH intensifies efforts to lower exposure to lead
The Ministry of Health is implementing a multi-pronged approach to reduce lead exposure in the country, following a national blood Lead Level Survey that found high levels of lead in…
Bhutan Expands Tourism Infrastructure for Eco-Friendly Travel
Bhutan is expanding its tourism infrastructure to cater to eco-conscious travelers. The government announced new eco-tourism zones featuring hiking trails, forest lodges, and cultural centers. A focus on minimizing carbon…
Eastern Bhutan Aspires to Promote Travel and Empower Youth
The Trashigang Dzongkhag Divisional Forest Office has constructed roadside amenities at Wamrong Town and Kharungla Brekha Junction, aiming to enhance tourism and youth employment. Funded by UNDP and GEF under…
Improved Cardamom Farming and Local Economy through Women’s Cooperative
Group of 12 women in Soobdrang Chiwog have made significant progress in agricultural development by forming a cooperative aimed at cultivating cardamom. The cooperative has not only become a key…