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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....

Health Ministry closely monitoring Mpox situation amid cases in neighbouring countries

Health Ministry closely monitoring Mpox situation amid cases in neighbouring countries

The health ministry said they are closely monitoring the situation regarding Mpox along the country’s borders. The ministry has strengthened surveillance at airports and border areas, ensuring that health facilities are prepared to detect and manage potential cases. Mpox, formerly known as Monkeypox, was declared a Public Health Emergency of International Concern by the World Health Organisation in August. Nepal...

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...

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