AGP Executive Report
Last update: 8 hours agoTrade: India’s higher anti-dumping duties are squeezing Nepal’s jute industry, especially mills in the east. Duties on some products have risen sharply: Swastik Jute Mills’ rate on hessian fabric jumped from $8.18 to $132 per tonne. Nepali tea exports through Kakarbhitta have nearly doubled, offering a brighter export signal. Business Finance: The Confederation of Banks and Financial Institutions Nepal wants a review of loan classification and provisioning rules, arguing that strict requirements can penalise viable businesses struggling through an economic downturn. Debt and Markets: Nepal Airlines’ aircraft loan has grown from Rs 34 billion to Rs 55.92 billion. Nepal is also preparing to launch intraday share trading. Gold is up 17.72% over the past year at Rs 284,300 per tola, but remains Rs 55,000 below its January record.
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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