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Deadline for Gelephu International Airport Fixed-Term Deposit programme extended

Deadline for Gelephu International Airport Fixed-Term Deposit programme extended

Oro Bank, the official bank of Gelephu Mindfulness City, has extended the deadline for the Gelephu International Airport Fixed-Term Deposit (FTD) programme until the end of March next year. The bank made the announcement today. This programme allows Bhutanese living overseas to invest in the development of Gelephu International Airport. The original deadline was due to expire tomorrow. The bank...

Turning areca nut leaf sheaths into eco-friendly plates

Turning areca nut leaf sheaths into eco-friendly plates

In Samdrup Jongkhar’s Langchenphu Gewog, areca nut leaf sheaths are being transformed into biodegradable plates and cups. These eco-friendly alternatives are replacing plastic at celebrations. This shift has helped reduce pollution and promote a cleaner and greener community. Without the areca nut plate and cup-manufacturing unit, the areca nut sheaths were discarded openly. Now, they are collected and processed into...

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...

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