AGP Executive Report
Last update: 4 hours agoEnergy Reform: Nepal Oil Corporation has asked LPG firms to prepare merger plans, aiming to simplify distribution and improve supply management; details of the consolidation framework are still pending. Markets: NEPSE fell 32.65 points on Monday to 2,657.50, with all 13 sub-indices in the red and turnover down to Rs 7.18 billion. Public Spending: Capital expenditure reached just 6.83% of its annual allocation after three and a half months, while stalled bridge projects in Bajura have been cancelled so they can be put out for fresh procurement. Corporate: KMD Brands, owner of the Kathmandu outdoor label, has entered exclusive takeover talks with US-based Bluestar Alliance. Trade and Finance: Nepal’s foreign trade rose 40% to Rs 761 billion in the first quarter of FY 2026/27, while banks collectively earned more than Rs 19 billion in the first three months. Digital Finance: Nepal Rastra Bank Governor Vishwanath Poudel says AI and digital platforms could widen access to financial services, as the central bank works to strengthen oversight.
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