AGP Executive Report
Last update: 11 hours agoTourism: Last-minute bookings and weak coordination in Phuentsholing are pushing guide fees to Nu 4,000–6,000 a day, with some visitors reconsidering their trips. Guides say the issue is planning, not a national shortage. Cost Pressures: Inflation reached 5.58 percent in September, led by a 6.34 percent rise in non-food prices, squeezing household budgets. Gelephu Finance: A royal decree gives Gelephu Central Bank authority to manage reserves and invest in crypto alongside traditional assets, strengthening the city’s financial ambitions. Business Climate: The Bhutan Chamber of Commerce and Industry plans a system for businesses to track complaints and regulatory issues through to resolution. Infrastructure: The Shintaphu glacial lake outburst damaged roads and bridges, disrupted hydropower operations and destroyed facilities at Gasa Tsachu; a downstream temporary lake raises concern about further flooding. Investment and Trade: Aman Group and partners have agreed to pursue long-term real estate investment in Gelephu Mindfulness City. Bhutan’s trade with Thailand remains import-heavy, with Nu 2.67 billion in imports against Nu 84 million in exports in 2024.
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