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City Hotel’s net worth per share jumps to Rs 84.93 as rights issue cuts debt burden

KATHMANDU: City Hotel Limited, the operator of Nepal’s first Hyatt Centric–branded property, has reported a notable rise in its net worth per share in the first quarter of Fiscal Year 2082/83, reflecting improving financial health and aggressive debt-reduction plans. According to the unaudited quarterly financial report published on Sunday,...

City Hotel’s net worth per share jumps to Rs 84.93 as rights issue cuts debt burden
Nepal intensifies global anti-tax avoidance push, notifies 7 DTAA partners of anti-treaty shopping rule

Nepal intensifies global anti-tax avoidance push, notifies 7 DTAA partners of anti-treaty shopping rule

Wage growth highest in Gandaki Province as Nepal’s national salary index rises 4.48%

Wage growth highest in Gandaki Province as Nepal’s national salary index rises 4.48%

Nepal receives $9.4 million for forest carbon credits under the forest carbon partnership facility

Nepal receives $9.4 million for forest carbon credits under the forest carbon partnership facility

India’s SC suggests ban on luxury cars to push EV transition, sparking policy debate

India’s SC suggests ban on luxury cars to push EV transition, sparking policy debate

Nepal’s economy shows mixed signals—Low inflation, record reserves but weak investment and sluggish credit raise concerns

Nepal’s economy shows mixed signals—Low inflation, record reserves but weak investment and sluggish credit raise concerns

Ncell brings attractive NPL Fan Packs, ensuring free resources

Ncell brings attractive NPL Fan Packs, ensuring free resources

Interest rates fall again—11 commercial banks slash fixed deposit rates for Mangsir as liquidity pressure eases

Interest rates fall again—11 commercial banks slash fixed deposit rates for Mangsir as liquidity pressure eases

Industries accuse NEA and energy ministry of defying PM Karki’s directive, Demand revival of administrative review committee

Industries accuse NEA and energy ministry of defying PM Karki’s directive, Demand revival of administrative review committee

Govt imposes strict controls: Transactions above Rs 1 mln in precious metals must go through banks

Govt imposes strict controls: Transactions above Rs 1 mln in precious metals must go through banks

CIBFIN calls for urgent review of credit policies and service charges amid rising economic strain

CIBFIN calls for urgent review of credit policies and service charges amid rising economic strain

NRB governor questions misuse of SME and agriculture loans as bad debts surge

NRB governor questions misuse of SME and agriculture loans as bad debts surge

Data center failure reoccurs: New license and e-DL services completely suspended

Data center failure reoccurs: New license and e-DL services completely suspended

Nepali citizens can transit Hong Kong without visa starting November 15

Nepali citizens can transit Hong Kong without visa starting November 15

Nepal Telecom modernization stalls: Political clouds cast shadow over NT’s critical billing upgrade

Nepal Telecom modernization stalls: Political clouds cast shadow over NT’s critical billing upgrade

PM Karki directs bureaucracy to accelerate development targets, Ensure governance reform

PM Karki directs bureaucracy to accelerate development targets, Ensure governance reform

Outgoing Nepal Police chief Khapung barred from leaving valley amid probe into suppressed GenZ protests

Outgoing Nepal Police chief Khapung barred from leaving valley amid probe into suppressed GenZ protests

Portugal halts working visas; Nepali embassy warns against rising fraud schemes

Portugal halts working visas; Nepali embassy warns against rising fraud schemes

World Bank projects Nepal’s growth to slow to 2.1% in FY26 amid political instability and public unrest

World Bank projects Nepal’s growth to slow to 2.1% in FY26 amid political instability and public unrest

Singapore tops global crypto comfort index as 25% of citizens own digital currencies

Singapore tops global crypto comfort index as 25% of citizens own digital currencies

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