Via East Asia Forum, a report on Bhutan’s bold leap toward a high-income future: Bhutan’s 13th Five-Year Plan aims to transform the country into a high-income economy by 2034, focusing on rapid economic growth while maintaining its Gross National Happiness philosophy. The plan includes enhancing infrastructure, fostering innovation and developing new industries like digital economies […]
Read more »Courtesy of Bloomberg, a sobering report on how Modi’s push to develop along India’s tense border with China heightens risks to the already fragile area: On January 3, 2023, cracks suddenly spread over hundreds of buildings in Joshimath, India, and they started sinking into the ground. Residents gathered up what furniture and prized belongings they […]
Read more »Courtesy of The Diplomat, an article on Gelephu, the city envisioned as Bhutan’s new economic hub and an opportunity to capitalize on the economic corridor linking South Asia to Southeast Asia: The Kingdom of Bhutan, world-renowned for creating the concept of Gross National Happiness (GNH) and for being the first carbon negative country, is now […]
Read more »Via The Economist, a look at how limate and China fears are bringing South Asia’s countries closer as demonstrated by a recent electricity deal between Bangladesh, India and Nepal: For much of June the 23m people in and around Dhaka, Bangladesh’s capital, suffered in temperatures of up to 38°C. Fans and air-conditioners were of little […]
Read more »Via Bloomberg, a report on Bhutan’s plans a $500M Fund for crypto mining in the Himalayas: Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom. Fund raising targeting institutional investors […]
Read more »Courtesy of Forbes, an interesting article on how the Himalayan kingdom has quietly been dumping millions of dollars into bitcoin and other cryptocurrencies: Among the world’s most isolated nations, Bhutan is known for its sweeping vistas, mountaintop monasteries and a Gross National Happiness Index that prioritizes wellbeing over economic growth. With an economy largely built […]
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