BBSCL

The Royal Botanical Park at Lamperi in Punakha is seeing a decline in rhododendron blooming. The park is said to have some 40 different species of rhododendrons, which usually bloom around this time of the year. Observers during the recent Lamperi Rhododendron Festival attribute the delayed and incomplete blooming to various factors, including climate change, although this is not yet...

In Mendrelgang Gewog of Tsirang, farmers may soon stop worrying about losing their crops to wild animals. A 7.5-kilometre chain-link fence is under construction, aiming to protect farmlands and improve agricultural output. The project, spearheaded by the Tsirang District Administration, is expected to be completed by June. The chain-link fence will benefit around 200 households covering 400 acres of farmland...

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...

The European Union announced plans to host a business forum for Bhutan in Belgium's capital, Brussels, later this year. This comes after the EU identified renewable energy and cultural sectors as key areas of investment potential in Bhutan.  The delegates said the forum will aim to connect European investors with local businesses and strengthen Bhutan's private sector. A European Union...