AGP Executive Report
Last update: 15 minutes agoAviation & Trade Connectivity: Himalaya Airlines launched the first direct scheduled Kathmandu–Shenzhen–Kathmandu service, with Airbus A320 flights starting June 4, opening a new air corridor to China’s tech-and-manufacturing hub. Mobility & Digital Services: Uber officially entered Nepal after trials, launching in Kathmandu and positioning itself against Pathao, InDrive and Yango. Energy Policy & Power Sector: Government clarified Budhigandaki hydropower will be developed as a multi-purpose project (power, irrigation, drinking water, fisheries, ecotourism) under an authority model; Energy Minister urged Nepal Electricity Authority to execute the budget fast, while 32 applications were received for the Electricity Regulatory Commission leadership. Hydropower Procurement Watch: A complaint alleges contract irregularities at Modi Hydropower Company, including claims of fake experience certificates used in tenders. EV Sector Scrutiny: APF seized 776 electric vehicles over suspected leaked tax-change plans and alleged fraudulent import documents. Business & Markets: NEPSE fell 11.37 points to 2,756.41; Nepal’s Chamber of Commerce pushed for an electricity-and-technology-led industrial transformation. Diplomacy: Foreign Minister Shishir Khanal began a visit to India (June 5–7) for talks with Jaishankar on trade, connectivity, energy and people-to-people ties. Environment & Wellness Tourism: World Environment Day events highlighted climate- and nature-friendly development, while spa industry standards were discussed to support Nepal’s 2027 wellness tourism push.
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.