BBSCL

Residents of Pema Gatshel and the nearby districts in the east are not looking any further when it comes to seeking a place for retreat. The Lotus Valley Eco Camp, nestled in the serene Yurungzampa area of Pema Gatshel, is quickly becoming popular among the locals. Visitors from all walks of life flock to the camp site, especially during holidays,...

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...

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...

The deadline to apply for loans under the Economic Stimulus Programme, ending tomorrow, will not be extended. However, for the Window I Concessional loans, if funds remain, the Bhutan Development Bank will reopen applications. Same applies to Window-II Reinvigoration Fund, but will be announced by all seven Participating Financial Institutions. The ESP loan which started receiving its application beginning September...