AGP Executive Report
Last update: 11 hours agoGelephu Finance: Bhutan is moving to establish the Gelephu Central Bank, with powers over monetary policy, reserves and financial stability. It could also invest in digital assets and pave the way for a city currency, as Gelephu aims to attract financial firms and investors. Gelephu Investment: The raising of 108 stupas marked a milestone for the planned city, which Bhutan hopes will drive sustainable growth and create opportunities at home. Aman Group, Patience Capital Group and GDL-Raven have signed an MoU to pursue long-term real estate investment. Regional Ties: Thailand and Bhutan signed agreements on public health, agricultural finance and clean energy, and discussed trade and investment, including Thai business opportunities in Gelephu. A free trade agreement is scheduled to take effect in January 2027. Trade: Bhutanese businesses will join more than 200 exhibitors at Nepal’s International Trade Fair in Kathmandu from December 3 to 7, a platform for regional commerce and investment.
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