AGP Executive Report
Last update: 10 hours agoInflation Watch: Bhutan’s inflation jumped to 7.72% in May, driven by higher food and transport costs, with transport up nearly 15% and alcohol/betel nuts rising more than 23%. Court Verdict: Nepal’s Kathmandu District Court convicted former deputy PM Top Bahadur Rayamajhi and former home minister Bal Krishna Khand in the fake Bhutanese refugee scam, with 17 found guilty and seven acquitted; sentencing is set for July 13. Energy Connectivity: The EU launched a €5 million South Asia power connectivity initiative in Kathmandu, aiming to link grids and expand cross-border electricity trade including Bhutan. Digital Identity & Finance: Sierra Leone and Bhutan signed an MoU to build a digital identity platform, while South Asian central banks discussed moving from bilateral payment links toward a multilateral regional digital payments network. Sports & Youth: Bhutan’s football federation retained AFC One-Star status under the Elite Youth Scheme, boosting youth pathways and regional exposure. Tech/Compute: Gelephu Mindfulness City signed an LOI with Canadian SATO Technologies to develop a hydro-powered AI data-centre campus starting at 5MW, with potential expansion to 100MW.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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