BBSCL

The Thimphu Thromde has submitted a budget proposal to the finance ministry for an automated parking fee collection system in the capital. The infrastructure and transport minister disclosed this during yesterday's Meet the Press session. He was responding to a media query on whether the government plans to introduce a system similar to the one recently implemented in Phuentshogling. At...

Aspiring entrepreneurs in Samtse have long struggled with one major challenge, limited access to a market where they can showcase and sell their products. But that challenge is now being addressed with opening a new entrepreneurs' outlet in the town. The outlet is expected to provide a dedicated space for local businesses and start-ups to sell their products. The store...

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,...

Hazelnut growers in the country can look forward to increased support and better prices. In a major boost to the country's sustainable agriculture sector, Mountain Hazelnuts Venture has secured a landmark USD 7.9 M in equity funding to expand its climate-resilient farming initiatives. The company, Bhutan’s first fully foreign direct investment (FDI) venture, is set to scale up its operations...