AGP Executive Report
Last update: 12 hours agoBhutan Industry Finance: Druk Wang Alloys Limited (DWAL) bounced back sharply, swinging from a Nu 11.20M net loss to a Nu 78.10M net profit as revenue jumped 28.4% to Nu 1.624B, while costs rose 19.3%—a turnaround that signals improving demand but also ongoing cost pressure. Sustainable Development & Policy: Bhutan became the first country to adopt “gross ecosystem product” (GEP) at national level, with PM Tshering Tobgay announcing a GEP of $6.2B, aiming to steer policy and finance by nature’s value alongside GDP and GNH. Gelephu Mindfulness City (GMC) Investment Rules: GMC is opening to international family offices and investment funds from 1 Oct with tax incentives, but firms must hire Bhutanese staff and meet job/spend conditions or lose benefits after two consecutive years. Construction Compliance: Haa Dzongkhag will inspect all ongoing private building construction in four gewogs under Bhutan Building Regulation 2023, checking permits, drawings and standards. Energy Security: Bhutan expects winter electricity imports to continue until around 2034 due to seasonal hydropower drops and rising demand. Trade & Services Linkages: Bhutan and India discussed stronger services cooperation at Business Connect 2026, including digital, engineering and professional services, leveraging cross-border connectivity.
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