AGP Executive Report
Last update: 8 hours agoForeign Investment Inflow: Nepal approved Rs 3.77 billion in foreign investment commitments in the first month of FY 2026/27 (Shrawan), with 191 projects cleared and tourism leading by value. Tax Incentives: The Inland Revenue Department will announce the second fortnightly Taxpayer Incentive Award for Shrawan today; a Rs 350 purchase at Ganesh Electronics won the Rs 1 million bumper prize, with millions of cash bills and QR transactions uploaded. NEPSE Mood: Nepal Stock Exchange slipped again on Monday, with NEPSE down 2.01 points (turnover Rs 5.52 billion) as 201 companies fell; NEA profit also came under focus as forex liabilities surged. Power Sector Pressure: NEA’s profit dropped sharply to Rs 5.04 billion in FY 2025/26 due to rising foreign exchange liabilities; IPAN and industry leaders renewed calls to fast-track PPAs and allow private power trading. Jobs & Foreign Employment: The government says it will end compulsion in foreign employment by reviewing the National Employment Policy and amending the legal framework; foreign employment agencies also agreed to withdraw protests after talks. Energy & Industry Moves: Task force formed to study reopening Birgunj Sugar Factory; government also pushed LPG distribution resumption and warned against hoarding. Markets & Prices: Gold rose to Rs 306,800 per tola; Nepal Airlines employees were arrested at Tribhuvan for carrying excess foreign currency. Weather & Safety: DHM warned of possible flash floods in small rivers across many districts. Governance & Courts: Special Court granted Rs 1.5 million bail to former Insurance Authority chair Madan Dahal in a money laundering case; Speaker DP Aryal ordered government to respond to lawmakers’ concerns within three days.
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.