AGP Executive Report
Last update: 5 hours agoFloriculture: A Tihar-season flower expo in Lalitpur is showcasing 450-plus varieties, with organisers expecting more than Rs 12 million in sales. Nepal’s floriculture industry recorded Rs 3.94 billion in turnover last fiscal year. Trade and Investment: First-quarter foreign trade rose 40.7% to Rs 761 billion, as exports climbed 57% to Rs 114 billion; imports still pushed the trade deficit up 34.7% to Rs 532 billion. FDI commitments fell by more than half year-on-year to Rs 16.23 billion, though tourism and energy attracted the largest pledges. Construction: New procurement guidelines favour locally made cement and concrete roads over imported-bitumen asphalt, a potential boost for domestic cement makers. The western Prithvi Highway upgrade is 70.8% complete, while Nagdhunga Tunnel tolls begin November 1. Agriculture: Kiwi farming is expanding in the Mahabharat range, but rising output has cut farm-gate prices from over Rs 400 to about Rs 150 per kilogram.
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