Tourism Policy Watch: Bhutan is set to decide the future of its 50% concession on the USD 100 Sustainable Development Fee (SDF), with MoICE preparing recommendations for Cabinet next week; Indian nationals will keep the preferential INR 1,200 rate. Border Economy: Government says Bhutanese border towns can’t win by price-cutting against India, pushing instead for smarter competitiveness as consumers cross easily for cheaper goods and services. Infrastructure & Land: The Gelephu–Tareythang road is moving closer to construction: the Tareythang alignment is shortened to 12.6 km, detailed design is nearing completion, and contractor prequalification is underway; around 223 land plots and 69 structures will be affected, with compensation still being finalised. Climate & Risk Management: GCF approved USD 22m for Bhutan to strengthen early-warning systems across major river basins, upgrading aging GLOF alerts that currently provide evacuation lead times of hours. Jobs & Industry: Bhutan targets 65,000+ industrial jobs by 2035, depending on scaling 10 priority sectors; 1,287 industrial projects were approved in 2025, with employment potential once operational. Rural Finance: RENEW Microfinance is expanding rural livelihoods in Tsirang, with thousands of borrowers supported and loans funding power tillers, small shops, and farm enterprises. Agri Business: Bhutanese farmers are betting on hazelnuts as a high-value crop suited to steep slopes and high altitudes, supported by a long-running social enterprise model. Regional Cooperation: BIMSTEC technology transfer in Sri Lanka is nearing operationalisation after a Host Country Agreement, aiming to boost regional tech cooperation. Digital Security: Thimphu Police report 25 online banking fraud cases in 12 days, with losses around Nu 2 million.