BBSCL

The country’s electricity sector is expected to grow by 19.8% this year, driven by the Punatsangchhu-II Hydropower Project. The construction of Small Hydropower Projects and new hydropower projects are also expected to add to the growth. However, the tourism sector is anticipated to bounce back to the pre-pandemic level only in 2027, affecting the growth target set under the 13th...

In 2023, Bhutan imported 210 million litres or 1.3 million barrels of petrol and diesel. This is according to the Environmental Accounts Statistics, 2024. Diesel imports rose by 43 per cent from 2022, while petrol imports hit a 52 per cent increase. The report reflects a surge in vehicles and industrial activities, potentially straining Bhutan’s foreign reserves and widening the...

The Royal Monetary Authority's 2024 annual report reveals that inflation in Bhutan has dropped to one of its lowest levels last year since the COVID-19 pandemic. The figure fell to 2 per cent as of August from 5.7 per cent in the same month in 2023. This decline, largely driven by falling fuel prices and slower increases in non-food costs,...

Failing a paper in college will now come at a cost. The college students will have to pay Nu 1000 each for every paper they resit or reappear. The Royal University of Bhutan decided this October last year. It is to encourage students to study consistently and work hard. The change will come into effect this spring and will not...