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Economic growth forecasted to reach 9.8% in 2025- RMA

Economic growth forecasted to reach 9.8% in 2025- RMA

Bhutan’s economy is projected to grow steadily at 4.9 per cent in 2024 before surging to an impressive 9.8 per cent this year. According to the Royal Monetary Authority’s Annual Report 2024, the optimistic outlook is attributed to increased government investments under the 13th Five-Year Plan, the Economic Stimulus Programme, the commissioning of new hydropower projects, and a robust recovery...

Land investment opportunities boost Gelephu Tshechu attendance

Land investment opportunities boost Gelephu Tshechu attendance

The Gelephu Tshechu in Sarpang drew a huge crowd of devotees from neighbouring gewogs and districts this time. Although the festival usually draws a decent number of people, this time the courtyard was jam-packed with spectators. Many attributed the turnout to visitors from across the country exploring land investment opportunities at the Gelephu Mindfulness City and officials attending seminars and...

Man sentenced to 14 years in prison for raping 12-year-old girl

Man sentenced to 14 years in prison for raping 12-year-old girl

The Phuentshogling Dungkhag Court has sentenced a 59-year-old man to 14 years in prison for raping a 12-year-old girl. The judgment was passed last month. The judgment states that the convict, the child’s uncle, raped her multiple times between 2022 and 2023. As per the judgment, the convict cannot pay in lieu of a prison term. He also has to...

DGM calls for preparedness and strengthening earthquake-resilient building codes

DGM calls for preparedness and strengthening earthquake-resilient building codes

The recent Tibet earthquake with its tremors felt across the Himalayas was a cause for alarm for Bhutan. While the quake had only triggered an avalanche in Lunana, the Department of Geology and Mines emphasises that adhering to earthquake-resilient building codes is crucial for withstanding future seismic shocks in major towns. The earthquake-resilient building codes are systematically implemented in Bhutan...

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