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Four + one model to raise funds for Gelephu Mindfulness City

Four + one model to raise funds for Gelephu Mindfulness City

The Gelephu Mindfulness City must prioritise financially viable and bankable projects to secure investments. According to its Board Director, Yee Ean Pang, mobilising funds is crucial to realising the vision of Gelephu as a business hub. Speaking at a recent forum in the capital, the board director said that the city would adopt a “four-plus-one” funding model to attract investments....

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...

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...

Value addition and food product development training to encourage large-scale quinoa cultivation

Value addition and food product development training to encourage large-scale quinoa cultivation

Quinoa farmers can now look forward to a better market for the product. Locally known as Ashi Heychum, the crop’s marketability will be improved as food-based entrepreneurs in the country are trained to enhance their skills in value addition and food product development. This means growers can sell their produce in various product forms. This is expected to encourage large-scale...

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