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Remittances from Bhutanese abroad hit USD 210 M

Remittances from Bhutanese abroad hit USD 210 M

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...

National Senior Citizen Policy nears finalisation, action plan proposes state pension for elderly citizens

National Senior Citizen Policy nears finalisation, action plan proposes state pension for elderly citizens

With the country’s elderly population projected to double by 2047, concerns about age-friendly infrastructure, accessible healthcare, and public services have become pressing issues. Two months ago, the Cabinet Secretariat organised a multi-sectoral workshop supported by the United Nations Population Fund to develop action plans for Senior Citizen Policy. To garner support, the Royal Society for Senior Citizens conducted a high-level...

Four + one model to raise funds for Gelephu Mindfulness City

Four + one model to raise funds for Gelephu Mindfulness City

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....

Lingzhi Dzong inaugurated after extensive renovation

Lingzhi Dzong inaugurated after extensive renovation

The Lingzhi Dzong, a historically significant fortress in north Thimphu, was officially inaugurated today. Indian Ambassador to Bhutan, Sudhakar Dalela, inaugurated the dzong following its extensive renovation in October. Restoration work, part of the Lingzhi Dzong Conservation Project, began in 2018 after the Dzong was severely damaged in the September 2011 earthquake. The dzong was renovated with the funding support...

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