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Delay in PHPA-II commissioning to stall economic growth for 2024

Delay in PHPA-II commissioning to stall economic growth for 2024

Delays in fully commissioning the Punatsangchhu-II hydropower project are expected to affect economic growth in 2024. The country’s economy is now projected to grow by five per cent this year, over one percentage point lower than earlier estimates. The finance ministry, in its latest macroeconomic situation report, said that the downward revision was mainly due to the PHPA-II commissioning delay...

Turning areca nut leaf sheaths into eco-friendly plates

Turning areca nut leaf sheaths into eco-friendly plates

In Samdrup Jongkhar’s Langchenphu Gewog, areca nut leaf sheaths are being transformed into biodegradable plates and cups. These eco-friendly alternatives are replacing plastic at celebrations. This shift has helped reduce pollution and promote a cleaner and greener community. Without the areca nut plate and cup-manufacturing unit, the areca nut sheaths were discarded openly. Now, they are collected and processed into...

RCSC’s Executive Forum charts path to civil service transformation

RCSC’s Executive Forum charts path to civil service transformation

Efforts are underway to bring transformation in the civil service. The Royal Civil Service Commission’s Executive Forum which concluded today focused on how leadership can serve as a catalyst for transformation. The forum emphasized on self-reflection, re-examining current practices, and setting a vision for the future. Nearly 100 senior executives from ministries, agencies, and districts attended the forum in the...

Remittances from Bhutanese abroad hit USD 210 M

Remittances from Bhutanese abroad hit USD 210 M

Bhutanese living abroad collectively remitted more than USD 210 M between August last year and October this year, according to the Central Bank’s monthly statistical bulletin. December last year saw the highest monthly remittance, nearly USD 29 M. Australia emerged as the top source of remittances, with contributions rising from USD 1.87 M in August 2023 to a peak of...

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