BBSCL

The country's public debt rose by over Nu 5bn in the third quarter of 2024 compared to the second quarter. The finance ministry's quarterly Public Debt Situation Report reveals that as of September, the total public debt surpassed Nu 290bn. Of this amount, external debt accounts for a significant 92 per cent. Total public debt refers to the total amount...

Producing furniture using locally sourced wood has not only helped the Wood Craft Centre stop rubberwood import but also made furniture more affordable to consumers. The centre, which earlier used rubberwood, has been utilizing domestic timber for furniture production since 2020.  At the centre’s recent furniture exhibition, locally made pieces were found to be 20 per cent cheaper than the...

As the vision for the Gelephu Mindfulness City (GMC) begins to take shape, Bhutanese living abroad, particularly in Australia, are showing interest in contributing to its development. Inspired by His Majesty’s recent visit to three Australian cities in October, many are exploring ways to invest and play a role in this ambitious project. While some have no clear idea of...

Farmers of Tashichhoeling Gewog in Samtse, who depend on areca nut farming, are struggling with frequent elephant attacks. These elephants damage homes, threaten lives, and destroy betel nut trees, undoing years of hard work. Frustrated by the losses, the affected farmers are urging authorities to implement stronger measures and provide damage compensation caused by elephants and other wildlife. Elephants have...