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Government secures over Nu 16bn towards FDI target of 500bn by 2029

Government secures over Nu 16bn towards FDI target of 500bn by 2029

The government has secured over Nu 16bn toward its Foreign Direct Investment (FDI) target of Nu 500bn by 2029. The finance minister during the Meet the Press session yesterday said the hydropower sector continues to be a major driver of foreign investments. The government is now working on regulatory reforms to simplify procedures and attract more investments. Last year alone,...

Craft outlet inaugurated in Trashigang to preserve and promote traditional crafts

Craft outlet inaugurated in Trashigang to preserve and promote traditional crafts

Local artisans and craftsmen in Trashigang now have a dedicated space to sell locally made crafts.  The newly constructed craft outlet in Kheri-Pam was inaugurated today. The outlet was built to preserve and promote traditional craft culture by providing better market access, ultimately enhancing the livelihood of the artisans. The newly constructed craft outlet in Kheri-Pam features nine units, a...

FMCL to receive 20 new combine harvesters by mid of this year – Paro

FMCL to receive 20 new combine harvesters by mid of this year – Paro

The Local Leaders of Paro, during the recent Dzongkhag Tshogdu, urged the Farm Machinery Corporation Limited (FMCL) to prepare machines ahead of this year’s paddy harvesting season. This request follows the district’s challenges in previous years, where a shortage of combine harvesters and frequent mechanical breakdowns disrupted the harvest. Combine harvester, a farm machine, is highly sought after by farmers...

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