BBSCL

Cardamom cultivation is gradually gaining momentum in Pema Gatshel's Khar Gewog, with Labar village being one of the key areas where every household cultivates this cash crop. The shift towards mass cultivation began after receiving support from the UNDP in 2021. Since then, the crops have started to fruit, contributing to an increase in income and improving the livelihoods of...

Bhutan aims to increase its GDP to USD 22bn by 2050, requiring an annual growth rate of eight percent. To achieve this, the country plans to invest in core and emerging sectors such as hydropower, tourism, agriculture, digital economy, manufacturing and mining among others. This is according to "Bhutan’s 21st Century Economic Roadmap - A 10X National Economic Vision" the...

With almost half of its construction completed, the Norbugang Industrial Park in Samtse is steadily taking shape. Key infrastructure, including roads, power supply, and water systems, is well underway. Meanwhile, seven out of nine ferro-silicon factories are making significant strides, with some gearing up for commissioning within this year. Over a year, the Norbugang Industrial Park in Samtse has evolved...

Bhutan’s public debt burden is expected to remain high in the next decade or so, until at least the 2037-2038 financial year. Currently, at around Nu 293bn, or about 97 per cent of its GDP, the figure nearly matches the size of its economy. This is according to the third quarter Public Debt Situation report the finance ministry published recently....