AGP Executive Report
Last update: 11 hours agoInvestment Climate: Yanki Ukyab has been appointed CEO of Investment Board Nepal, with the Cabinet backing the development economist after a recommendation process. Telecom Recovery: Nepal Telecom will exempt fines for customers who clear unpaid service dues up to FY 2080/81 by end of Poush 2083, while the government also moves to settle long-pending ISP arrears and license/RTDF dues. Energy & Prices: Nepal Oil Corporation says LP gas supply is strained by unusually high demand, but a Quick Response Team has been formed to resolve complaints fast; consumers are urged not to hoard. Market Watch: NEPSE inched up slightly, with shares worth about Rs 4.41 billion traded. Banking: Nabil Bank reports strong Q4 FY 2082/83 results, with net profit up 33.5% and dividend capacity highlighted. Policy & Regulation: A draft National Road Safety Act 2083 aims to tighten safety standards from vehicle import to road engineering. Agriculture: The Ministry issued National Agriculture Policy 2083 to push modern, commercial, self-reliant farming and cut import dependence. Business & Trade: Oman–Nepal Business Forum explored partnerships in trade, food security, water, and traditional industries. Corporate/Infra: NEA commissioned a new 33/11 kV substation at Ghyampesal, improving power reliability in northern Gorkha. Gold: Gold prices rose by Rs 4,200 per tola to Rs 288,000.
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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