AGP Executive Report
Last update: 10 hours agoPower Infrastructure Push: Nepal’s energy ministry says it’s ramping up transmission and distribution upgrades to raise domestic electricity use, with Rs 80 billion earmarked to gradually replace LPG for cooking and support electric vehicles. Construction Finance Relief: Nepal Rastra Bank introduced loan rescheduling and restructuring for construction entrepreneurs, easing pressure where projects are completed or ongoing but payments from public authorities are pending. Waste Management Court Order: The Supreme Court issued a mandamus for Kathmandu Valley solid waste reforms, including a coordination committee and mandatory segregation of biodegradable and non-biodegradable waste at source. FDI Signals: Nepal received foreign investment commitments of about Rs 58 billion in FY 2025/26, down 11%, with 1,116 foreign-invested industries registered. Agriculture Inputs: Lahan’s fertilizer supplier says chemical fertilizer stocks are sufficient and supply will be timely for the season. Local Business Climate: Kathmandu Metropolitan City announced tax incentives and penalty waivers for FY 2026/27 to encourage timely payments, including discounts for settling property, business and rental taxes. Tourism & Services: Shivapuri-Nagarjun National Park tested e-ticketing for tourist entry, with phased rollout planned. Consumer Protection: Nepal’s Consumer Court reports settling over half its cases in its first year, including compensation rulings in aviation and hotel-related incidents. Urban Mobility Pressure: Kathmandu’s parking shortage is back in focus after a fatal self-immolation linked to a dispute with KMC security, renewing calls for better stopping and parking alternatives. Medicinal Herbs & Ayurveda: Health minister Mehta urged upgrading the National Ayurveda, Panchakarma and Yoga Centre into a “Centre for Excellence,” including stronger publicity and support for medicinal herb production.
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