AGP Executive Report
Last update: 11 hours agoLPG Supply Shake-up: Nepal Oil Corporation will resume nationwide distribution of full 14.2kg LPG cylinders from July 15, ending the temporary half-cylinder (7.1kg) practice, as loading improves and demand rises. Policy Pressure on Gas Industry: Lawmakers and LPG industry leaders say the half-cylinder policy has raised costs, created confusion, and sparked safety/quality worries over cylinder age and sludge, while the Securities Board of Nepal signals action against illegal “Pre-IPO” deals. Power Reliability Hits Production: Frequent power cuts in Ilam are disrupting tea and dairy processing, damaging machines and hurting output quality. Industrial Revival Plans: Preparations are underway to restart the long-idle Butwal Yarn Factory after due diligence on assets and liabilities; officials say modern equipment may be needed. Agriculture Update: Paddy transplantation is about 50% complete nationwide, with slower progress in Madhesh and Koshi, expected to pick up with increased rainfall. Trade & Investment Outlook: Nepal targets exports at 20% of GDP in two years, but experts call it unrealistic; Israel also shows interest in recruiting more Nepali workers and investing in sectors like herbs, tea, and technology transfer. Governance & Accountability: Nepal’s court jails two former ministers in a refugee document-forgery scam, while NC exits Karnali’s government over provincial office restructuring.
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