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....

The Royal Audit Authority's latest annual report reveals persistent quality issues in public construction, with 139 cases of poor work recorded during the 2023-2024 financial year. Despite follow-ups, only 91 of these cases were resolved, spanning 62 projects. The report urges the government and agencies to enforce stricter measures to curb substandard practices and safeguard public investments. According to the...

Growing perilla was once a common practice for the farmers of Gomder Gewog in Samdrup Jongkhar. However, over the years, interest in perilla cultivation has waned, and it is on the brink of disappearance. Today, only one villager in Bazor village continues to grow the herb. Some 20 years ago, farmers in Bazor village used to grow perilla abundantly. Perilla,...

Delays in fully commissioning the Punatsangchhu-II hydropower project are expected to affect economic growth in 2024. The country’s economy is now projected to grow by five per cent this year, over one percentage point lower than earlier estimates. The finance ministry, in its latest macroeconomic situation report, said that the downward revision was mainly due to the PHPA-II commissioning delay...