BBSCL

Despite Bhutan’s goal of boosting the digital economy to contribute USD 300M to GDP by 2029, the IT sector remains ineligible for loans under the Economic Stimulus Programme. The Finance Minister explained that ESP loans are focused on sectors that directly support production and import substitution, categorizing the IT sector as part of the excluded services. As of last month,...

Residents of Pema Gatshel and the nearby districts in the east are not looking any further when it comes to seeking a place for retreat. The Lotus Valley Eco Camp, nestled in the serene Yurungzampa area of Pema Gatshel, is quickly becoming popular among the locals. Visitors from all walks of life flock to the camp site, especially during holidays,...

The country’s balance of payments for the first quarter of the 2024-25 financial year has been revised down by four per cent to Nu 12.5bn, primarily due to a growing trade deficit driven by rising imports. The balance of payments measures the net flow of money into and out of the country over a given period. Despite this revision, the...

Her Majesty the Queen Mother Dorji Wangmo Wangchuck joined the Lomba celebration at the Folk Heritage Museum in the capital, today. Lomba, an annual festival celebrated by the Parops and Haaps, marks the passing of the year and the onset of the New Year. It is observed for at least five days. Her Majesty wished everyone a happy Lomba and...