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Long-awaited road upgrade brings joy to Pema Gatshel residents

Long-awaited road upgrade brings joy to Pema Gatshel residents

For more than 20 years, the Khothakpa-Denchi road in Pema Gatshel remained rough and unpaved, making every journey a dusty and bumpy ride. But that’s finally changed since yesterday. A 1.5-kilometer stretch of the road has been blacktopped, making travel smoother and more comfortable. Thanks to Project Dantak, the Agriculture Minister inaugurated the long-awaited upgrade. Travellers and residents, especially those...

Government to launch USD 100 M entrepreneurship fund to boost startups

Government to launch USD 100 M entrepreneurship fund to boost startups

Bhutanese entrepreneurs and businesses will benefit from equity financing as the government moves to foster a dynamic startup and innovation ecosystem. In line with its commitment of USD 100 M, the government will soon sign an agreement with a globally renowned venture capital firm. The Minister for Industry, Commerce, and Employment said that an open, accessible, and transparent application process...

PM directs Cabinet Secretariat to investigate unaccounted EV subsidies

PM directs Cabinet Secretariat to investigate unaccounted EV subsidies

Bhutan’s electric vehicle taxi initiative has spiralled into confusion, with millions in subsidies unaccounted for and dozens of EV taxis still undelivered. Now, the Prime Minister has stepped in, ordering the Cabinet Secretariat to launch an urgent investigation into the matter. The ambitious “Sustainable Low Emission Urban Transport Systems” project targeted to replace 300 fuelled taxis with electric vehicles by...

Country’s unemployment rate drops

Country’s unemployment rate drops

The country’s unemployment rate has dropped to 3.5 per cent in 2024 compared to 5.9 per cent in 2022. This is according to the National Statistics Bureau’s annual survey report 2024. Despite this drop, challenges persist, particularly for women and youth in securing jobs.   The report revealed that female unemployment remained higher than male unemployment last year. Female unemployment...

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