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AGP Executive Report

Last update: 8 hours ago

Wildlife & Farm Relief: Farmers in Madhesh say wildlife damage is rising, but relief claims are hard to access due to paperwork and delays, leaving crops and stored harvests repeatedly destroyed. Budget Rumours Denied: Finance Minister Swarnim Wagle told the House Finance Committee there’s “no truth” in claims of leaked budget information and rejected allegations over tax and EV-related issues. Markets: NEPSE fell 1.54 points to 2,733.59; turnover hit Rs 1.56bn with SOPL among top gainers and CREST among top losers. Aviation & Tourism: Flydubai got approval for daily Pokhara–Dubai flights from Sept 23, a boost for Nepal’s third international gateway and tourism. Hospitality Investment: Marriott signed to bring JW Marriott to Kathmandu Valley (opening early 2031) and also plans additional premium hotels across Nepal and India. Inflation & Fuel Costs: Nepal’s inflation rose to 5.04% (mid-May) as petroleum price hikes feed into food and services. External Sector Strength: NRB reports forex reserves up to Rs 3.70tn and improved current account/BoP supported by remittances. Governance & Security: PM Balen inducted Home Minister Sudan Gurung and Science Minister Mahabir Pun; Gurung also said the 2001 Royal Palace massacre file will be reopened. Digital Infrastructure: Ncell’s Nakkhu data centre received ANSI/TIA-942-C Tier III design & constructed certification, reinforcing local hosting capacity. Labour Policy: Nepal’s Labour Minister announced a “Decade for Promoting Domestic Employment” at the ILO.

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.

AGP Wire

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Jun. 9, 2026

ZIGRAM taps AMNIL to expand AML tools in Nepal

EIN Presswire

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Jun. 3, 2026

NIMB Ace Capital, Momo VC plan $30 million Nepal fund

EIN Presswire

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May 26, 2026

Money Awareness & Inclusion Awards to name 2026 winners Thursday

EIN Presswire

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May 25, 2026

MyFlyYatra expands business-class flight access from the U.S. and Canada

EIN Presswire


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Press Release_Marriott International Signs Agreement with MS Group to Debut JW Marriott in Nepal

Press Release_Marriott International Signs Agreement with MS Group to Debut JW Marriott in Nepal

Why Nepal Banned Indian Mangoes Despite Huge Summer Demand

Why Nepal Banned Indian Mangoes Despite Huge Summer Demand


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Jun. 9, 2026

ZIGRAM Partners with AMNIL to Strengthen AML Compliance in Nepal

EIN Presswire

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11 hours ago

India’s Modi Urges Middle East De-Escalation

MENAFN

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Jun. 5, 2026

Himalayan Harmony Group Announces 2026 Nepal Online Casino Portfolio With Six Licensed Brands

GlobeNewswire, Inc.

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Jun. 3, 2026

NIMB Ace Capital and Momo VC Sign Strategic Partnership to Launch Nepal-Focused Investment Fund

EIN Presswire

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Jun. 2, 2026

WTO members advance discussions on key issues for unlocking services trade

World Trade Organization

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Jun. 1, 2026

Members share information on trade and climate measures, praise Trade and Environment Week

World Trade Organization

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