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Delay in PHPA-II commissioning to stall economic growth for 2024

Delay in PHPA-II commissioning to stall economic growth for 2024

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...

Machinery and tools transform farming in Dagana

Machinery and tools transform farming in Dagana

Farmers of six gewogs in Dagana have become self-sufficient. Thanks to the support from the Food Security and Agriculture Productivity Project for the last five years. The project supplied farmers with tools, machinery, and materials to increase productivity and income. The five-year project in the district concludes this month. The sound of portable power tillers now fills the fields in...

Four + one model to raise funds for Gelephu Mindfulness City

Four + one model to raise funds for Gelephu Mindfulness City

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....

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