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GMC to include Bitcoin and other digital assets in strategic reserves

GMC to include Bitcoin and other digital assets in strategic reserves

Gelephu Mindfulness City, GMC, has announced plans to adopt digital assets such as Bitcoin, Ethereum, and Binance Coin in its strategic reserves. According to a GMC social media post, the move makes the Special Administrative Region one of the first jurisdictions globally to officially hold digital assets as reserves. Strategic reserves refer to assets or resources set aside to ensure...

Dagana’s Narikhachhu irrigation scheme renovation to boost paddy production

Dagana’s Narikhachhu irrigation scheme renovation to boost paddy production

Farmers from Thomgang and Akhochen chiwogs in Khebisa Gewog, Dagana, can look forward to a reliable irrigation water supply for the upcoming paddy transplantation season. This is because Dagana District Administration is renovating the Narikhachhu irrigation scheme. The previous system faced significant challenges, including leakages and disruptions caused by falling boulders, leading to acute water shortages.  Construction of a 57-cubic-meter...

Inflation drops to 2 per cent in 2024 – RMA

Inflation drops to 2 per cent in 2024 – RMA

The Royal Monetary Authority's 2024 annual report reveals that inflation in Bhutan has dropped to one of its lowest levels last year since the COVID-19 pandemic. The figure fell to 2 per cent as of August from 5.7 per cent in the same month in 2023. This decline, largely driven by falling fuel prices and slower increases in non-food costs,...

Hazelnut production doubles in 2024, growers rewarded

Hazelnut production doubles in 2024, growers rewarded

Hazelnut production in the country has doubled to over 10 metric tonnes last year compared to 2023. In recognition of the contributions to boosting production, Mountain Hazelnuts Venture honoured 16 top growers at the Grower Awards ceremony at Monggar yesterday. Tashi Lhamo from Lichen in Trashi Yangtse was recognised as the top grower, producing more than 500 kgs of the...

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