AGP Executive Report
Last update: an hour agoBusiness Finance: Parliament is reviewing an agreement that would let the OPEC Fund lend to Bhutanese businesses and invest directly in local companies. Tax exemptions and borrower safeguards drew questions; the proposal has been sent to a committee for further review. Energy Investment: India’s ambassador says work is progressing smoothly on the 600 MW Khorlochhu hydropower project, a Bhutan-India joint venture expected to strengthen energy ties. Digital Connectivity: The government plans to invest Nu 400 million to improve mobile and internet services in 40 villages, with work due to begin this financial year. Agriculture Markets: Potato growers face weak demand and falling prices at Phuentsholing, where around 42 trucks carrying 10,000 bags await auction. Some farmers have waited over a week and received as little as Nu 200–250 per quintal. Traditional Industries: Craft businesses report labour shortages, saying graduates are reluctant to enter the sector and calling for better pay and working conditions.
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