BBSCL

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....

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...

Experts, donors and policymakers have gathered for a six-day conference in Paro to find solutions for mitigating and adapting to climate change in the Hindu Kush Himalayan region. The conference serves as a platform to exchange knowledge and develop plans for securing future funding for climate action. With this year on track to be the hottest on record, with temperatures...

The Royal Audit Authority, over the years, has reported several instances of wasteful expenditures in government and public agencies. According to the latest annual audit report, such circumstances arise when investment proposals are made without properly assessing their requirements, uses, and feasibility. Wasteful expenditures are the inefficient use of public resources, resulting from unnecessary and careless spending that brings no...