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NRDCL shifts to locally sourced timber, making furniture more affordable

NRDCL shifts to locally sourced timber, making furniture more affordable

Producing furniture using locally sourced wood has not only helped the Wood Craft Centre stop rubberwood import but also made furniture more affordable to consumers. The centre, which earlier used rubberwood, has been utilizing domestic timber for furniture production since 2020.  At the centre’s recent furniture exhibition, locally made pieces were found to be 20 per cent cheaper than the...

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...

Shali village celebrates consecration of newly renovated two-storey Lhakhang

Shali village celebrates consecration of newly renovated two-storey Lhakhang

The people of Shali village in Pema Gatshel’s Shumar Gewog celebrated the consecration of their newly renovated two-storey community, Lhakhang. The reconstruction began in 2020 and was completed in August this year, costing Nu 6 M. The new Lhakhang provides a spacious hall and better facilities for community rituals. Shortage of space was a problem for the people while conducting...

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