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BCCI raises concerns over Economic Stimulus Programme loans through BDBL

BCCI raises concerns over Economic Stimulus Programme loans through BDBL

The Bhutan Chamber of Commerce and Industry or BCCI, has raised concerns regarding the government’s recent decision to disburse Economic Stimulus Programme loans through the Bhutan Development Bank. At a recent Private Sector Press Conference, the BCCI shared challenges such as the loans not covering many in the private sectors. Earlier this month, the government mandated that loans under the...

Country’s electricity sector expected to grow by 19.8% this year

Country’s electricity sector expected to grow by 19.8% this year

The country’s electricity sector is expected to grow by 19.8% this year, driven by the Punatsangchhu-II Hydropower Project. The construction of Small Hydropower Projects and new hydropower projects are also expected to add to the growth. However, the tourism sector is anticipated to bounce back to the pre-pandemic level only in 2027, affecting the growth target set under the 13th...

Bhutan discovers 17 new snail and slug species, all new to science

Bhutan discovers 17 new snail and slug species, all new to science

Bhutan’s biodiversity hit a new milestone with the National Biodiversity Centre identifying 17 new snails and slugs. All these species are new to science, meaning they are discovered for the first time in the scientific community. The country has now recorded over 200 species of the invertebrates.  Among the new discoveries, the extraordinary species are the dancing or jumping semislug...

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