Bhutan – Page 6 – https://asiandiplomacy.com/

Mid-Latitude Region Network in Bhutan to address climate crisis

Paro—Experts, policymakers, and young professionals from across mountainous nations have convened in Paro for the six-day International Expert Group Meeting (EGM) of the Mid-Latitude Region Network (MLRN). The meeting, themed “Accelerating Collaborative Scientific and Policy Response to Climate Change and Improve Socio-Ecological Resilience”, focuses on addressing the pressing impacts of climate change and fostering resilience […]

December 20, 2024 by Mahadi

Assam Chief Minister Joins Bhutan’s National Day Celebration

By Rinzin Wangchuk THIMPHU, Bhutan — For the first time, the Chief Minister of Assam, Himanta Biswa Sarma, is attending Bhutan’s National Day celebrations as a state guest. The 117th National Day, commemorating the coronation of Bhutan’s first king in 1907, will be marked with grand festivities at Changlimithang Stadium in Thimphu on December 17. […]

December 17, 2024 by Mahadi

Bhutan government targets GDP contribution of 225.59 billion from seven sectors by 2029

To achieve a USD five billion economy and a gross domestic product per capita (GDP) exceeding USD 6,174 by 2029, the government has projected a Nu 225.59 billion GDP contribution from the identified seven sectors. This is according to the draft 13th Plan. Under the Plan, the agriculture sector’s contribution is expected to increase from […]

December 16, 2024 by Mahadi

Bhutan transfers USD 50 million in Bitcoin

Bhutan transferred 502 Bitcoin (BTC), worth around USD 49.42 million, to two cryptocurrency exchange platforms, Binance and Singaporean-based crypto-asset trading firm, QCP Capital, on December 10. This marks the latest Bitcoin transfer by the government since October this year. Such deposits of cryptocurrency exchanges are often associated with intentions to sell. As of yesterday, one […]

December 14, 2024 by Mahadi

Bridge wary hampers businesses along Gyelpozhing-Nganglam highway

Businesses along the Gyelpozhing-Nganglam highway are struggling to survive as traffic has significantly decreased following the collapse of a bailey bridge over Drangmechhu at the Kuri-Gongri confluence in Mongar twice last year. A new bridge was constructed and opened to traffic on March 27 this year. However, many people remain wary of using the bridge […]

December 13, 2024 by Mahadi

Bhutan, after prioritizing happiness, now faces an existential crisis

Bhutan, the tiny kingdom that introduced Gross National Happiness to the world, has a problem: young people are leaving the country in record numbers. The country boasts free health care, free education, a rising life expectancy and an economy that’s grown over the last 30 years — still, people are leaving. Prime Minister Tshering Tobgay […]

December 11, 2024 by Mahadi

Will China succeed in pulling Bhutan away from India?

On December 6, Bhutan’s King Jigme Khesar Namgyal Wangchuk and Queen Jetsun Pema concluded their two-day trip to India. During the visit they met Prime Minister Narendra Modi and External Affairs Minister S Jaishankar. New Delhi reiterated the unique relationship which both sides share and its commitment to development and growth of Bhutan. As per […]

December 10, 2024 by Mahadi

PM Modi and Bhutan King resolve to further expand ‘exemplary’ bilateral ties

India and Bhutan on Thursday vowed to further expand their “exemplary” partnership across all sectors with Prime Minister Shri Narendra Modi conveying to Bhutanese King Jigme Khesar Namgyel Wangchuck New Delhi’s strong commitment to the economic development of the Himalayan nation. Shortly after Wangchuck arrived here on a two-day trip, he and Modi held talks […]

December 9, 2024 by Mahadi

ESP credit period may be extended: Bhutanese Prime Minister

Prime Minister Tshering Tobgay has signaled the government’s willingness to discuss extending the deadline for the Economic Stimulus Programme (ESP) concessional credit period with the Bhutan Development Bank Limited (BDBL), as the December application window approaches its close. Lyonchhen was responding to a question posed by Trashigang’s National Council (NC) Member, Sonam Tobgyel, during yesterday’s […]

December 7, 2024 by Mahadi

Bhutan’s exports increase by more than 13 percent

Bhutan’s exports to India and other countries, including electricity, increased by over 13 percent as of September this year, compared to the same period last year. Export earnings reached Nu 46.8 billion as of September, up by Nu 5.32 billion from last year. This year exports are expected to be more than the pre-pandemic level. […]

December 7, 2024 by Mahadi

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