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Damdara factory owners seek relocation deadline extension

Damdara factory owners seek relocation deadline extension

Factory owners in Phuentshogling’s Damdara industrial area are calling for a deadline extension to relocate their factories to Dhamdum Industrial Park in Samtse. The Phuentshogling Thromde has set a relocation deadline for mid-next year. Worried about the time frame, business owners are planning to appeal to the prime minister. They are also asking for a freeze on the land lease...

Bhutan shines at Four Nations Boxing Championship 2025 with 7 gold medals

Bhutan shines at Four Nations Boxing Championship 2025 with 7 gold medals

The Four Nations Boxing Championship 2025 wrapped up yesterday in Thimphu, with Bhutan delivering a stellar performance, winning seven gold medals. Over the three action-packed days, boxers from Bhutan, Nepal, India, and Bangladesh went head-to-head for glory. Bhutan dominated the final day of the championship, securing 16 medals, the highest among the participating nations. 39 boxers competed in the tournament,...

Jungwa Chidoe Kurim at Pangrizampa begins

Jungwa Chidoe Kurim at Pangrizampa begins

The annual Jungwa Chidoe Kurim began today at the Pangrizampa Druk Phodrangdhing College for Astrology in Thimphu. It is presided over by the former Tshogki Lopen. More than 200 monks will perform prayers during the nine-day ritual. This prayer ceremony is for the continued peace, prosperity, and longevity of His Majesty The King, His Majesty the Fourth Druk Gyalpo, the...

Hydropower, remittances boost Bhutan’s foreign reserves to USD 860 M

Hydropower, remittances boost Bhutan’s foreign reserves to USD 860 M

The country’s foreign currency reserve stands at USD 860 M as of February this year, holding steady despite global uncertainties. The central bank attributes this to strong inflows from hydropower exports, loans and grants, and inward remittances from Bhutanese living abroad. The central bank stated that the current reserve level meets the constitutional requirement of covering at least one year’s...

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