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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...

Inflation drops to 2 per cent in 2024 – RMA

Inflation drops to 2 per cent in 2024 – RMA

The Royal Monetary Authority's 2024 annual report reveals that inflation in Bhutan has dropped to one of its lowest levels last year since the COVID-19 pandemic. The figure fell to 2 per cent as of August from 5.7 per cent in the same month in 2023. This decline, largely driven by falling fuel prices and slower increases in non-food costs,...

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...

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