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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...

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....

Over 45 students join AFC Social responsibility Programme in Thimphu

Over 45 students join AFC Social responsibility Programme in Thimphu

More than 45 children from remote schools across the country are taking part in the AFC Social Responsibility Programme, titled "Bridging the Gap," in Thimphu. The five-day initiative, organised by the Bhutan Football Federation is to cultivate a strong sense of responsibility and awareness among young football enthusiasts. The children are from five remote schools in the country. For most...

Geotechnical survey underway for Gelephu International Airport

Geotechnical survey underway for Gelephu International Airport

The development of Gelephu International Airport is progressing, with a geotechnical investigation currently underway in Samtenling Gewog. Four teams are conducting surveys at various locations to gather data about the soil and rock conditions at the proposed site. During the 117th National Day celebrations on Tuesday, His Majesty The King announced that the airport construction will begin next year and...

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