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Lack of oil extraction machine hampers Dagana’s mustard growers

Lack of oil extraction machine hampers Dagana’s mustard growers

Many farmers in the country have stopped cultivating mustard due to the availability of imported oil and the labour-intensive extraction process. However, in Dagana's Maenchhuna village, about 30 households still cultivate mustard as a source of income. The lack of an oil extraction machine has made processing mustard into oil challenging. Most farmers in Maenchhuna village grow mustard, with plots...

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,...

GMC to include Bitcoin and other digital assets in strategic reserves

GMC to include Bitcoin and other digital assets in strategic reserves

Gelephu Mindfulness City, GMC, has announced plans to adopt digital assets such as Bitcoin, Ethereum, and Binance Coin in its strategic reserves. According to a GMC social media post, the move makes the Special Administrative Region one of the first jurisdictions globally to officially hold digital assets as reserves. Strategic reserves refer to assets or resources set aside to ensure...

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