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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...

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...

BOB Bhutan Premier League 2025 kicks off tomorrow

BOB Bhutan Premier League 2025 kicks off tomorrow

The stage is set for Bhutan’s biggest football showdown. The BOB Bhutan Premier League 2025 kicks off tomorrow. Defending champions Paro FC and nine other teams are ready for a six-month season packed with thrilling action, fresh talent, and international stars. The opening match will see Transport United FC face Samtse FC at the Changlimithang Stadium in Thimphu. Ten teams...

RCSC extends GSP and ESP contract periods to up to five years

RCSC extends GSP and ESP contract periods to up to five years

The Royal Civil Service Commission has extended the contract period of General Service Personnel (GSP) and Elementary Service Personnel (ESP) employees. Their contract period will be extended up to five years. However, the RCSC said they have to yet to finalise on the para-regular status. There are about 6,500 GSP and ESP employees. According to the RCSC, the GSP and...

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