AGP Executive Report
Last update: 11 hours agoInvestment: US Ambassador Sergio Gor met Bhutan’s King and Prime Minister to discuss investment and cooperation, with Gelephu Mindfulness City highlighted as a potential focus for deeper US engagement. Finance: DK Bank won in-principle approval to establish an Abu Dhabi subsidiary offering brokerage, custody, payments and advisory services; it still needs a final licence before operating. Energy: Druk Green Power and Adani Power signed a shareholders’ agreement for the 770 MW Chamkharchhu-I hydropower project in Zhemgang, with construction expected to begin in 2027. Digital payments: Bhutan’s central bank and Cambodia’s National Bank agreed to work towards cross-border payments, building on Cambodia’s Bakong platform. Growth outlook: The ADB expects Bhutan’s economy to grow 7.2% in 2027.
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