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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....

Remittances from Bhutanese abroad hit USD 210 M

Remittances from Bhutanese abroad hit USD 210 M

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...

Khainorong village’s 20-year-old water system struggles to meet demand

Khainorong village’s 20-year-old water system struggles to meet demand

Access to water is essential for daily life, but not everyone has it 24/7. In Khainorong Village of Samdrup Jongkhar’s Gomdar Gewog, residents have been struggling with severe drinking water shortages. Their only water supply system, built 20 years ago, has never been upgraded, leaving the community desperate for a solution. The water supply has become inadequate with no major...

Paro hosts conference on climate solutions for Himalayas

Paro hosts conference on climate solutions for Himalayas

Experts, donors and policymakers have gathered for a six-day conference in Paro to find solutions for mitigating and adapting to climate change in the Hindu Kush Himalayan region. The conference serves as a platform to exchange knowledge and develop plans for securing future funding for climate action. With this year on track to be the hottest on record, with temperatures...

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