AGP Executive Report
Last update: 7 hours agoTourism Regulation: Bhutan’s Department of Tourism has tightened rules for accommodation, requiring hotels, village homestays and nature-based operators to be DoT-approved and certified before taking overnight tourists, with a clear ban on stays at non-certified private or unauthorised sites. Banking Performance: Bhutan Development Bank Limited (BDBL) reported a 33.2% rise in first-half 2026 profit to Nu 110.62 million, helped by lower impairment charges even as net interest income fell 24.2% amid higher funding costs. Hydropower Resettlement: The proposed 180MW Bunakha Hydropower Project will affect 44 households (218 people) in Chhukha, with only one household expected to be physically relocated, under an ADB-aligned resettlement plan. Pensions: Civil pensioners and beneficiaries will receive a 4.84% annual increase from July 2026, with arrears paid in August. Regional Diplomacy: Bhutan has nominated Dasho Sonam Topgay as the next SAARC Secretary General as the bloc remains stalled without a summit for over a decade. Construction Digitisation: Bhutan’s Construction Approval System (CAS) will now issue the official Building Permit for projects, replacing the older approval document and consolidating approvals online. GMC Hospitality: Gelephu Mindfulness City’s ChoeGo Building will host a 27-room premium boutique hotel, expected to open in November.
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