Cross-Border Hydropower Deal: JSW Energy and Bhutan’s Druk Green Power Corporation (DGPC) have signed a shareholders’ agreement to jointly develop the 920 MW Punatsangchhu-III project in Wangdue Phodrang, with DGPC holding 51% and JSW Neo 49%; DPR work is underway. Tourism Momentum: Bhutan’s international arrivals surged in July 2026, nearly doubling to 14,913 visitors (up 98.5% year-on-year), with Indians still the biggest share. Business & Trade Risk Controls: India’s DGFT has issued a trade notice advising “heightened vigilance” when dealing with two Bhutan-based firms, citing unresolved concerns and urging due diligence. Food Safety at the Border: BFDA tightened mango import testing and rules after calcium carbide was detected in consignments, expanding lab checks and enforcement. EV Affordability Watch: Bhutan says EVs keep strong tax advantages, but it will assess the market before adding more incentives as it targets 70% of new vehicle sales to be electric by 2035. Banking Oversight: RMA is reviewing Bhutan National Bank after customers reported double deductions of annual maintenance charges affecting over 54,000 accounts. Local Economy Pressure: A study finds Phuentsholing residents increasingly shop in Jaigaon due to lower prices and higher choice, putting local retailers under strain. Minerals Prospecting: Bhutan’s airborne survey flagged promising copper and tungsten targets (plus rare earth and geothermal potential), with ground studies needed next.