AGP Executive Report
Last update: 12 hours agoCross-border Digital Payments: India and Nepal have launched a peer-to-peer remittance mechanism linking UPI and Nepal’s NPI for real-time transfers via mobile apps and digital wallets, aiming to cut cash handling and foreign exchange friction for travellers and merchants. Renewables Rollout in Bhutan: Druk Green Power Corporation (DGPC) installed solar panels at 187 public facilities across Thimphu, Chhukha and Basochhu, targeting cleaner power generation and reduced reliance on hydropower, with the first phase expected to generate 10.43 GWh annually. Tourism Trade Push: Bhutan International Travel Mart in Thimphu drew around 200 international buyers from key markets to meet local operators and develop higher-value travel products, supported by the Economic Stimulus Programme. Legal Aid Reform: Bhutan’s National Council Legislative Committee proposed amending the Jabmi framework to remove the “indigent” requirement, so accused persons can access pro bono legal representation without a financial test. Regional Business & Finance: ADB and the World Bank highlighted business opportunities for private-sector participation in Bangladesh through a large procurement and investment seminar, underscoring the need for partnerships and effective implementation.
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