AGP Executive Report
Last update: 9 hours agoNEPSE Leadership: Nepal Stock Exchange CEO Chudamani Chapagain has resigned, submitting his resignation to the Finance Minister before completing his term, setting up a fresh appointment process. Energy Sector: IPPAN’s Executive Committee approved a 50-point action plan under “Vision 2029,” aiming to strengthen policy work, credibility, and private sector participation in hydropower. ADB Visit: ADB President Masaro Kanda arrived in Kathmandu for meetings with PM and Finance Minister and to review ADB-backed projects worth about $4 billion. Banking Awards: Nepal SBI Bank won four ABF Awards in Singapore, including domestic liquidity management and trade finance, plus retail and SME banking awards. Foreign Employment Fraud: Police arrested two people over a Rs 3.9 million overseas job scam targeting Ireland and Dubai. Trade Barrier Watch: Nepal’s tea exporters face renewed uncertainty as India delays imports and tightens shipment quality checks during peak season. Infrastructure Update: Nagdhunga–Mugling road expansion (Naubise–Malekhu) has reached 60% overall physical progress, with bitumen supply issues resolved. Media Reform Dialogue: Information Minister Bikram Timilsina urged the FNJ to pursue formal dialogue with constructive proposals on media laws and press freedom. Flood Risk: Hydrology officials flagged moderate flash-flood risk in 14 districts, advising people in riverine areas to take precautions. Governance Push: Finance Ministry released its first 100-day achievements, highlighting legal reforms, service delivery improvements, and economic policy work.
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