BBSCL

Bhutanese living abroad collectively remitted more than USD 210 M between August last year and October this year, according to the Central Bank’s monthly statistical bulletin. December last year saw the highest monthly remittance, nearly USD 29 M. Australia emerged as the top source of remittances, with contributions rising from USD 1.87 M in August 2023 to a peak of...

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...

The Department of Labour recorded four deaths at workplace in the fiscal year 2023-2024 with two cases each in Thimphu and Wangdue. An additional 13 injuries were reported from seven other districts. A significant discrepancy is observed between the number of cases reported to the department and the one reflected in the Annual Health Bulletin which noted over 21,000 injury...

In Samdrup Jongkhar’s Langchenphu Gewog, areca nut leaf sheaths are being transformed into biodegradable plates and cups. These eco-friendly alternatives are replacing plastic at celebrations. This shift has helped reduce pollution and promote a cleaner and greener community. Without the areca nut plate and cup-manufacturing unit, the areca nut sheaths were discarded openly. Now, they are collected and processed into...