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The Supreme Court has delivered judgments for 14 out of 15 civil and commercial appeal cases involving Phajo Nidup.

The Supreme Court has delivered judgments for 14 out of 15 civil and commercial appeal cases involving Phajo Nidup.

The Supreme Court has delivered judgments for 14 out of 15 civil and commercial appeal cases involving Phajo Nidup. The court has fully affirmed seven High Court judgments where Phajo has to restitute over Nu 189 M to various parties including banks. Six cases were withdrawn by appellants and one case concerning BoB was partially reversed, leaving only one case...

Over 30 girls participate in RENEW’s winter empowerment programme

Over 30 girls participate in RENEW’s winter empowerment programme

To empower young girls with self-development skills essential in their adolescence, RENEW, a non-profit organisation, organised a week-long winter youth engagement programme in Thimphu. More than 30 female students aged 13 to 18 years from various schools across the country attended the programme titled “Menchung Bum”. The programme ended on 12th January. The programme provided girls with practical skill-building sessions...

Khorlochhu Hydropower Project takes off with Nu 16.8bn contracts

Khorlochhu Hydropower Project takes off with Nu 16.8bn contracts

The 600-megawatt Khorlochhu Hydro Power Project took a major step forward with the signing of four contracts worth Nu 16.8bn on 10th January. The contracts will cover the construction of a dam and powerhouse. The two main shareholders, Druk Green Power Corporation and Tata Power Company Limited, also held their first general and board meetings in Trashi Yangtse, appointing the...

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,...

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