Subramanian, who began his tenure in November 2022, represented India, Bangladesh, Sri Lanka, and Bhutan on the IMF’s Executive Board. As of May 3, the IMF website listed the position as vacant. The government is in the process of nominating his replacement,
Mindfulness City in Bhutan pushes for tokenisation as new land ownership model
GELEPHU: The Gelephu Mindfulness City (GMC) will introduce land tokenisation as a new ownership model to allow affected landowners to benefit from future increases in property value as the city …
Can Bitcoin save Bhutan’s struggling economy?
Amid a brain drain and economic woes, Bhutan has used cryptocurrency to double the salaries of its civil servants.
Supreme Court stays deportation of four Bhutanese refugees from Nepal
The Supreme Court has issued an interim order directing the government not to deport four Bhutanese refugees who re-entered Nepal after being denied entry by Bhutan. The court’s order came on Thursday …
Bhutan’s hydro-powered crypto gamble: can green mining fuel economic growth?
Nestled in the Himalayas between India and China, the Kingdom of Bhutan is charting an unconventional economic course, harnessing its abundant hydropower resources to mine “green” cryptocurrencies.
Bhutan’s Prime Minister Wants the World to Mine Bitcoin—Global Shift Ahead?
Bhutanese Prime Minister Tshering Tobgay recently urged nations worldwide to embrace Bitcoin (BTC) mining. The Prime Minister believes Bitcoin mining offers a path forward as Bhutan struggles with …
Bitcoin king: Why is Bhutan betting on crypto?
Amid a brain drain and economic woes, Bhutan has used cryptocurrency to double the salaries of its civil servants.
Harrisburg man is among those jailed in Nepal as concern grows over ICE deportations of Bhutanese
One of the men said to be imprisoned in Nepal after Bhutan stripped them of their paperwork is from the Harrisburg area.
India blocks transhipment facility for Bangladesh exports
India Ends Bangladesh Transhipment Amidst Rising Tensions. India withdraws port and airport transhipment for Bangladesh exports due to strained relations, impacting Bangladesh’s trade with Bhutan, …
‘7 sisters of India landlocked’: Muhammad Yunus tells China Bangladesh is the only ocean gateway
Build things, produce things, market things. Nepal has hydropower, Bhutan has hydropower, we can bring to our purpose. You can produce in Bangladesh and sell in China,” he told officials.