BBSCL

Bitdeer launched its second-largest Bitcoin mining data centre at Jigmeling in Sarpang on Tuesday, adding to Bhutan's growing digital asset mining sector. The 500-megawatt facility, which began phased operations on Tuesday, is set to reach full-scale operations by next year. The project, Bitdeer Jigmeling Private Limited, is a collaboration between Bitdeer and Druk Holding and Investments (DHI). GMC Governor Dasho...

Residents of Dechencholing in Thimphu are still grappling with the aftermath of last year’s flood. The road remains unrepaired, forcing people to live with choking dust and poor road conditions. Despite the ongoing struggles, authorities have yet to provide any clear answers on when repairs will begin. 36-year-old Ambhika Devi Darjee runs a restaurant beside the road that has remained...

The government has secured over Nu 16bn toward its Foreign Direct Investment (FDI) target of Nu 500bn by 2029. The finance minister during the Meet the Press session yesterday said the hydropower sector continues to be a major driver of foreign investments. The government is now working on regulatory reforms to simplify procedures and attract more investments. Last year alone,...

Local leaders in Chhukha, especially of larger gewogs, are worried about the decline in their block grant budget for the 13th Five-Year Plan. During the recent Dzongkhag Tshogdu, they raised concerns over the Resource Allocation Formula used in distributing the grant. They said that it will widen the economic development gap between larger and smaller gewogs. The local leaders are...