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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...

GMC to include Bitcoin and other digital assets in strategic reserves

GMC to include Bitcoin and other digital assets in strategic reserves

Gelephu Mindfulness City, GMC, has announced plans to adopt digital assets such as Bitcoin, Ethereum, and Binance Coin in its strategic reserves. According to a GMC social media post, the move makes the Special Administrative Region one of the first jurisdictions globally to officially hold digital assets as reserves. Strategic reserves refer to assets or resources set aside to ensure...

Slight decline in open defecation status

Slight decline in open defecation status

Bhutan was declared as an Open Defecation-Free country in 2022, marking a significant milestone in its journey towards improved sanitation and public health. However, recent reports indicate a slight decline, with the percentage dropping by approximately one per cent. According to SNV Bhutan, there are several reasons for the drop including disrepair of toilets and disasters destroying such structures. Tashi...

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