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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...

Farmers benefit from rising cardamom prices in Khangma Chiwog, Pema Gatshel

Farmers benefit from rising cardamom prices in Khangma Chiwog, Pema Gatshel

A decade ago, the people of Khangma Chiwog in Pema Gatshel’s Yurung Gewog began growing cardamom to boost their income and improve their livelihood. While the crop helped them make money, it didn’t meet their expectations. However, cardamom prices have doubled this year, bringing farmers significant financial relief. The residents of Khangma Chiwog began cultivating cardamom about ten years ago...

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....

Areca nut use hits 60% in Bhutan, raising health concerns

Areca nut use hits 60% in Bhutan, raising health concerns

The National Health Survey 2023 reveals that areca nut consumption among Bhutanese aged 15 to 69 rose to nearly 60 per cent last year, marking a three per cent increase since 2019. The health ministry attributes the rise to the product being cheap, easily available and culturally accepted in the country. To address this, the ministry plans to introduce measures...

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