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NRDCL shifts to locally sourced timber, making furniture more affordable

NRDCL shifts to locally sourced timber, making furniture more affordable

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...

National Education Policy to incorporate AI and Robotics in curriculum

National Education Policy to incorporate AI and Robotics in curriculum

STEM education will become a key curriculum when the implementation of the National Education Policy begins. The curriculum will incorporate cutting-edge concepts such as Artificial Intelligence and Robotics. The Cabinet endorsed the policy last week, paving the way for its implementation. It is aligned with His Majesty The King’s Royal Kasho on Education Reform, issued in 2020. Spanning early childhood...

Public debt at Nu 290bn as of September 2024

Public debt at Nu 290bn as of September 2024

The country's public debt rose by over Nu 5bn in the third quarter of 2024 compared to the second quarter. The finance ministry's quarterly Public Debt Situation Report reveals that as of September, the total public debt surpassed Nu 290bn. Of this amount, external debt accounts for a significant 92 per cent. Total public debt refers to the total amount...

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