AGP Executive Report
Last update: 42 minutes agoDigital Finance in Gelephu Mindfulness City: Bitget signed a cooperation agreement with the Gelephu Mindfulness City Authority to set up a licensed digital asset presence in GMC, including applying for a Financial Services Licence under the Gelephu Financial Services Office framework. Industry Scale-Up Challenge: Bhutan’s Annual Industry Report 2026 says over 95% of industries still run as cottage and small businesses, with medium and large firms at about 4%, citing unprofitability, limited credit, and weak competitiveness as key barriers. Mining Prospecting Update: Bhutan’s Department of Geology and Mines completed its first nationwide airborne geophysical survey, flagging promising areas for copper, tungsten, rare earth indications, and geothermal structures—while stressing these are leads, not discoveries. Agriculture Supply Pressure: Along a busy Thimphu–Punakha corridor, roasted maize vendors increasingly rely on imports from southern India because local maize supply runs out quickly during peak demand. Energy/Power Sector Signal: NHPC reported higher Q1 FY2026-27 profit and revenue, with power generation up year-on-year—an indicator of continued momentum in hydropower-linked output.
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