AGP Executive Report
Last update: 11 hours agoNepal Energy Shift: Nepal’s power story has flipped from shortages to surplus as installed capacity rises to ~2,200MW and PPAs cover ~7,000MW, shifting the focus to selling, transmission and managing seasonal gaps. Nepse Watch: Nepal’s stock market lost ~Rs7bn in value over Aug 10-14, with turnover down 14% to Rs18.4bn and investors staying cautious. Diaspora Capital Route: Nepal plans to let NRNs invest directly in Nepal-based firms via foreign-currency IPOs, with SEBON rules allowing up to 85% of paid-up capital to be raised through public issues. Singapore vs Hong Kong: Singapore banks on AI access to keep investment managers, while Hong Kong pushes tax incentives—raising a talent and capital competition question. India Tax Amnesty: India’s one-time window for small taxpayers to disclose undeclared foreign assets opens Sunday, with 30% tax plus a matching penalty for up to Rs10m. Central Bank Leverage Risk: A WSJ analysis warns emergency market backstops can encourage excessive leverage, potentially lowering yields until a stress event forces deleveraging. Bitcoin Demand Signal: Bitcoin holds near $63k even as the Coinbase premium index stays negative for 90 days, pointing to weaker US buying. Crypto Derivatives Push: Bybit expands TradFi-style perpetuals past 200, adding Unitree and Moonshot AI pre-IPO contracts with leverage capped at 10x. U.S. Market Setup: India’s next-week equity focus includes Fed minutes (Aug 19), US-Iran risk and crude oil moves.
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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