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Tag: Bhutan

Posted on April 21, 2024

Bhutan and EIB sign 150 million Euro loan for hydropower and solar photovoltaic projects

Bhutan and the European Investment Bank (EIB) signed the first-ever EIB project supporting reliable, green, energy for communities in Bhutan through a 150 million Euro loan with a tenure of 30 years.
Posted on April 17, 2024

Inside The Palaces Of The World’s Richest Royal Families

The Al Nahyans’ property portfolio extends across foreign shores to the … King Jigme Khesar Namgyel Wangchuck, also known as the Dragon King of Bhutan, came to the throne in December 2008, two years …

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Posted on April 16, 2024

Bangladesh declines in freedom index, improves in prosperity: Atlantic Council

Among 12 South and Central Asian countries reviewed, Bangladesh has been ranked among seven “mostly unprosperous” countries along with Bhutan, Nepal, Kyrgyzstan, Uzbekistan, Tajikistan and …
Posted on April 13, 2024

ADB highlights need for innovative financing in Bhutan’s economic development

The Asian Development Outlook published recently reported that Bhutan’s economic growth is driven by public spending and capital accumulation. However, according to the report, capital accumulation …
Posted on April 13, 2024

Nu 15 billion ESP success hinges on policy changes

According to the finance ministry, the domestic credit was recorded at Nu … The government should also review the bankruptcy and insolvency laws. “Bankruptcy law in Bhutan is modelled for larger …
Posted on April 12, 2024

BCCI proposes draft Bill to protect business community

The Bhutan Chamber of Commerce and Industry, BCCI, says the absence of a comprehensive legal framework to protect businesses is leaving many vulnerable to risks and uncertainties. Recognising the …
Posted on April 12, 2024

Sleep in sweet tented suites at Bhutan’s Punakha River Lodge

Punakha River Lodge tented suites start at US$890 a night and that includes meals, guided tours, gratuities, taxes and transfer from Paro airport. Hotel amenities include a spa, heated swimming pool, …

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Posted on April 8, 2024

Property Tax Reform: A small step toward citizen’s responsibility to develop Bhutan

the parliament enacted the Property Tax Act of Bhutan 2022. The property tax rates have not been revised since the Revised Taxation Policy (RTP) 1992. Many provisions of the RTP were revised between …

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Posted on April 7, 2024

Bhutan increases Bitcoin mining power 6x ahead of BTC halving

As the fourth Bitcoin (BTC) halving approaches, Bhutan has decided to boost its mining capacity sixfold to offset the revenue impact.
Posted on April 7, 2024

Bhutan increases Bitcoin mining power 6x ahead of BTC halving

As the fourth Bitcoin (BTC) halving approaches, Bhutan has decided to boost its mining capacity sixfold to offset the revenue impact.

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