BBSCL

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....

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...

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...

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...