AGP Executive Report
Last update: 10 hours agoGelephu Finance: A royal decree has upgraded Gelephu’s financial regulator to an autonomous central bank, with authority to manage reserves that may include crypto assets. The bank can invest in digital currencies, but is not required to. Investment: Aman Group, Patience Capital Group and GDL-Raven have signed an MoU to pursue long-term real-estate investment in Gelephu Mindfulness City, combining hospitality, fund-management and development expertise. Infrastructure Risk: The October 29 glacial lake outburst in Gasa destroyed much of Gasa Tsachu’s facilities, damaged roads and bridges, disrupted hydropower operations and cut off communities; a temporary lake downstream raises concern about further flooding. Business Climate: The Bhutan Chamber of Commerce and Industry plans a Nu 300,000 online system for businesses to track complaints and monitor their resolution, alongside a second review of regulatory barriers. Trade: Bhutan imported Nu 2.67 billion worth of goods from Thailand in 2024, while exports reached Nu 84 million, led by cordyceps and matsutake mushrooms.
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