BBSCL

The development of Gelephu International Airport is progressing, with a geotechnical investigation currently underway in Samtenling Gewog. Four teams are conducting surveys at various locations to gather data about the soil and rock conditions at the proposed site. During the 117th National Day celebrations on Tuesday, His Majesty The King announced that the airport construction will begin next year and...

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...

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...

Non-performing loans or NPLs with the financial institutions surged to a staggering more than Nu 8bn by October this year. This is a jump of over Nu 1.16bn in just a year. Of the sectors, trade & commerce tops the list while the forestry and logging sector saw a sharp decline. Any loans that are overdue by 91 days or...