AGP Executive Report
Last update: 11 hours agoGelephu tech push: YZi Labs has opened applications for its EASY Residency Season 4, with founders applying until June 21 and the cohort set to physically visit Bhutan’s Gelephu Mindfulness City (GMC)—a shift from a mostly virtual format as Bhutan positions itself for more Web3, AI and biotech talent. UPI goes global: India’s UPI will be operational in Cyprus from next year after an MoU between NPCI International Payments and Eurobank Cyprus, following Modi’s 2025 visit. Birth-rate response: Bhutan’s National Assembly heard plans to launch a Third Child Incentive Programme next month, offering Nu 10,000 per month for third and later children until age three, as fertility remains below replacement. Pension bill delayed again: The National Pension and Provident Fund Bill was deferred once more, with MPs pressing for faster reform as coverage is only about 9% of the population. Fuel pressure, EV pivot: The government says it will procure 99 EVs and 45 electric buses and shift fuel-run vehicles to pool use as fuel costs stay high. Health tech uptake: An impact study says smart wireless iCTG pregnancy monitoring now reaches about half of pregnant women, aiming to cut neonatal deaths through faster specialist alerts. Regional security drill: PRAGATI 2026 is underway in Meghalaya with 12 nations including Bhutan, focusing on counter-terrorism coordination.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.