Lhuentse—With more than 71 percent of the project completed, the 32MW Yungichhu Hydropower Project in Lhuentse is on track to begin operations by September 2025. Druk Hydro Energy Limited (DHyE), a subsidiary of Druk Green Power Corporation (DGPC), is developing the project. More than 83 percent of headworks components, encompassing construction of intake structure, main […]
Read MorePemagatshel—Four years ago, Tashi Dhendup from Shumar, Pemagatshel, quit his job in tourism due to Covid-19. This left him at a crossroads, as the tourism industry, had supported his family financially. With few options available, he returned home and started farming. However, he was discouraged by human-wildlife conflicts. Then he started Lotus Eco-Lodge. Tashi Dhendup and […]
Read MoreA new 50-metre suspension bridge, designed to improve visitor accessibility to Koma Tshachu (hot spring) and support the local economy of Goenshari Gewog in Punakha, was officially opened to the public on November 25. The construction of the bridge, along with other amenities, was made possible with a funding assistance of Nu 3.7 million from […]
Read MoreFinance Minister Lekey Dorji announced that the Nu 3.3 billion concessional credit line under the Economic Stimulus Programme (ESP) will now be managed by the Bhutan Development Bank Limited (BDBL). The decision, which aims to address operational inefficiencies and improve loan processing times, was made following a recent meeting between the Cabinet and the management […]
Read MoreBy Rinzin Wangchuk Paro, Bhutan – Prime Minister Tshering Tobgay briefly attended the ongoing Annual Journalism Conference (AJC) in Paro this evening, addressing the state of Bhutan’s media landscape, including its challenges and the government’s role in supporting the industry. The prime minister’s participation came en route to Thimphu after his engagements in New Delhi, […]
Read MoreThe government has revived its plan to introduce the National Crop and Livestock Insurance Scheme in a bid to protect farmers from the dual threats of climate change and wildlife depredation. The insurance scheme, which will cost the government an estimated Nu 927.83 million over the next four years, will provide a safety net for […]
Read MoreThe government has earmarked Nu 180 million to support highland communities, focusing on increasing livestock population, productivity, and economic growth. This was announced by the Minister of Agriculture and Livestock Younten Phuntsho during the National Assembly’s question and answer session on November 19. Bji-Kartshog-Uesu MP Lhendup Wangdi and Radhi-Sakteng MP Tashi Tenzin inquired about plans […]
Read MoreIn a landmark collaboration, Tata Power Company Ltd, one of India’s largest integrated power firms, has joined forces with Druk Green Power Corporation (DGPC) to develop at least 5,000 MW of clean energy capacity in Bhutan. This partnership aims to enhance regional energy security while supporting the transition to renewable energy in both Bhutan and […]
Read MoreBy Rinzin Wangchuk, Baku, Azerbaijan – Amid cold rain and brisk winds in Baku, where COP29 is underway, Pakistan has rallied South Asian nations to unite in urgent action against the escalating plastic pollution crisis choking the region’s rivers and seas. “Our region is not only polluted by plastic, but emissions from material production are […]
Read MoreCapitalising on the recent Bitcoin (BTC) price surges, Bhutan cashed out 367 BTC worth about USD 33.5 million through major cryptocurrency exchange, Binance, on November 14. Bitcoin price rose to more than USD 90,000 for 1 BTC. As of yesterday, 1 BTC was equivalent to USD 90, 799. This latest sale marks the second significant […]
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