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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...

Firewood consumption declines in Merak, Trashigang after electrification

Firewood consumption declines in Merak, Trashigang after electrification

For generations, the people of Merak in Trashigang have relied heavily on firewood for cooking and keeping warm during the harsh winters. But since the village was electrified in late 2011, firewood consumption has seen a steady decline. Today, many households use electrical appliances and gas cylinders for their daily needs.  According to records maintained by the Sakteng Wildlife Sanctuary...

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...

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