استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة
The Perfect Holiday Gift Gift Now

Bhutan's Mindfulness City: Big idea from small nation

September 19, 2025

|

Daily FT

BHUTAN, known for prioritising Gross National Happiness over GDP, has begun its journey building the Gelephu Mindfulness City (GMC), envisioned as a Special Administrative Region (SAR), an ambitious project blending spirituality, sustainability, and economic innovation.

- DIVYA THOTAWATTE

This first-ever 'mindfulness city' is the vision of King Jigme Khesar Namgyel Wangchuck of Bhutan, who describes GMC as a "big idea from a small nation." Speaking in Colombo recently, Bhutan King's Special Envoy and International Affairs Chief Ambassador Jonathan Tow said: "His idea is not just to build another city, but to offer the world a different path. How can one bring together Bhutanese values of spirituality and harmony with nature, and blend it together with economic progress? How can we bring these elements together?"

He brings this vision to life with two approaches to the city: one global, and one domestic. Tow explained that globally, GMC is positioned as an "oasis of calm" in a turbulent region.

"We see what is happening in Nepal and elsewhere in the region. He has much foresight to try to carve out such an environment for businesses and for people who want to find an oasis," said Tow at a forum organised by Honorary Consul-General for Bhutan in Sri Lanka Abbas Esufally. Domestically, GMC is aimed at addressing brain drain and unemployment. With a population of 800,000, thousands of Bhutanese youths seek opportunities abroad. By creating a semi-autonomous entity, the King hopes to advance economic growth without disturbing Bhutan's traditional governance, Tow said.

This approach is guided by a 'diamond strategy.' "During the first 20 years, it will take the shape of a diamond: a one country, two system format. Bhutan and GMC will take divergent paths. Bhutan will continue to develop at its own pace, whereas the SAR will be empowered to be a catalyst of change." Afterward, both systems are expected to merge into a stronger economic unit.

A semi-autonomous city

المزيد من القصص من Daily FT

Daily FT

SEC eases Minimum Public Holding rules for listings via Introductions

Says move aimed at boosting market flexibility

time to read

3 mins

January 01, 2026

Daily FT

Govt. unveils National Electricity Policy in push for cost-reflective tariffs, reforms

Energy Ministry invites public consultations on or before 9 January Energy pricing, reforms crucial components of IMF EFF program

time to read

3 mins

January 01, 2026

Daily FT

Right of Reply: BPPE responds to PMAC over water contracts

BUSINESS Promoters & Partners Engineering Ltd., (BPPE) has issued the following Right of Reply to the artide headlined RTI exposes irregularities in SL water contracts involving Chinese SOES-PMAC calls for accountability and urgent probe into unsolicited bids and inflated costs published in the Daily FT on 29 November 2025:

time to read

1 min

January 01, 2026

Daily FT

Daily FT

Gangaramaya Temple City taking shape to be world-class tourist and cultural hub

Rs. 600 m initiative part of Colombo City Tourism Attraction Enhancement Program being implemented in collaboration with Western Province Governor, UDA, and Gangaramaya Temple/ Sri Jinarathana Adyapana Ayathana Palaka Sabhawa 550-seat performance hall, heritage galleries, exhibition spaces, and outdoor recreational areas designed to host cultural performances, educational workshops, and community events

time to read

2 mins

January 01, 2026

Daily FT

Daily FT

Staying competitive by transferring pay risks through performance-based compensation

MY interest in performance-based compensation in Sri Lanka heightened when combating the trickle-down effects of the Global Financial Crisis of 2008 and the end of the civil war in 2009.

time to read

9 mins

January 01, 2026

Daily FT

Sri Lanka needs more than transparency to break the cycle of corruption: University of London Economists

SRI Lanka will not escape another cycle of unsustainable public debt if it relies only on transparency and traditional “good governance” reforms without creating real pressure from actors who can enforce rules in their own interest, senior economists from SOAS University of London warned in Colombo last week.

time to read

9 mins

January 01, 2026

Daily FT

CCPI remains steady in December

HEADLINE inflation, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI), remained steady in December 2025 for the second consecutive month.

time to read

1 mins

January 01, 2026

Daily FT

Daily FT

India doubles financial commitment to 3 housing projects in North and South

INDIAN has announced a doubling of financial commitment to three housing projects in the Northern and Southern Provinces.

time to read

2 mins

January 01, 2026

Daily FT

New CEO at Siyapatha Finance assumes office today

■Veteran Ananda Seneviratne concludes his tenure as Managing Director

time to read

2 mins

January 01, 2026

Daily FT

Daily FT

Rebranding Sri Lanka is a collective responsibility: Booking.com Regional Chief

BOOKING.COM Regional Head for South Asia Santosh Kumar said rebranding Sri Lanka and unlocking its next phase of economic growth will require a collective national effort that goes well beyond Government-led initiatives, stressing that recovery alone is not a long-term strategy for sustainable development.

time to read

2 mins

January 01, 2026

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back