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Hyatt Regency Kathmandu lays off entire workforce after Gen-Z uprising devastation, citing massive financial loss

KATHMANDU: In a shocking turn for Nepal’s tourism and hospitality sector, the five-star luxury hotel Hyatt Regency Kathmandu has laid off all of its employees, citing irreparable financial damage caused by the Gen-Z uprising’s arson and vandalism incidents on September 8 and 9 (2082 Bhadra 23–24). According to the...

Hyatt Regency Kathmandu lays off entire workforce after Gen-Z uprising devastation, citing massive financial loss
Hotel occupancy soars as tourist arrivals rise in Nepal, Signs of a strong rebound in hospitality and tourism

Hotel occupancy soars as tourist arrivals rise in Nepal, Signs of a strong rebound in hospitality and tourism

Global IME Bank Limited: A catalyst of growth and innovation in Nepal’s banking landscape

Global IME Bank Limited: A catalyst of growth and innovation in Nepal’s banking landscape

PM Karki seeks clarification from secretary Mainali over delay in NAC GM appointment process

PM Karki seeks clarification from secretary Mainali over delay in NAC GM appointment process

Stock market rebounds after three-day decline; Four newly listed firms hit 10pc upper circuit

Stock market rebounds after three-day decline; Four newly listed firms hit 10pc upper circuit

Interest in home and property insurance surges after Gen-Z protests, Insurers report spike in inquiries

Interest in home and property insurance surges after Gen-Z protests, Insurers report spike in inquiries

Rs 49.42 bn Sunkoshi–Marin Diversion Project moves to terminate contractor over only 10pc progress

Rs 49.42 bn Sunkoshi–Marin Diversion Project moves to terminate contractor over only 10pc progress

Oli accused of fueling political unrest in Madhesh to derail election environment; Midnight appointment sparks outrage

Oli accused of fueling political unrest in Madhesh to derail election environment; Midnight appointment sparks outrage

Nepal rejects Malaysia’s 10-point recruitment criteria, sends diplomatic note citing syndicate concerns

Nepal rejects Malaysia’s 10-point recruitment criteria, sends diplomatic note citing syndicate concerns

NPL pressure rises in Nepal’s banking sector as profits decline in Q1; nine commercial banks cross 5% NPL threshold

NPL pressure rises in Nepal’s banking sector as profits decline in Q1; nine commercial banks cross 5% NPL threshold

NEA refutes media claims, Says winter power import deal is cheapest option and strategically necessary

NEA refutes media claims, Says winter power import deal is cheapest option and strategically necessary

FNCCI–government agreement on electricity billing to be enforced, PMO confirms

FNCCI–government agreement on electricity billing to be enforced, PMO confirms

Tigg NAS-IT Expo 2025 concludes as Nepal’s largest IT showcase, Setting new benchmark for tech collaboration

Tigg NAS-IT Expo 2025 concludes as Nepal’s largest IT showcase, Setting new benchmark for tech collaboration

CIB eyes Oli-era decisions: Yeti Holdings’ Gokarna lease to be investigated for irregularities

CIB eyes Oli-era decisions: Yeti Holdings’ Gokarna lease to be investigated for irregularities

Finance Minister calls for strong inter-agency coordination to curb revenue leakage and cross-border smuggling

Finance Minister calls for strong inter-agency coordination to curb revenue leakage and cross-border smuggling

Development banks’ profit falls by 45.20% in Q1; Total profit at Rs 783.45 million, Garima leads

Development banks’ profit falls by 45.20% in Q1; Total profit at Rs 783.45 million, Garima leads

Global IME Bank among only five banks to increase profit; Records 22.91% growth

Global IME Bank among only five banks to increase profit; Records 22.91% growth

Tech Meets Investment: Tigg NAS-IT expo 2025 to boost networking and business growth opportunities

Tech Meets Investment: Tigg NAS-IT expo 2025 to boost networking and business growth opportunities

IRD announces PAN certificates now available through local levels

IRD announces PAN certificates now available through local levels

Industrial power line reconnected after Reliance Spinning Mills settles first premium bill

Industrial power line reconnected after Reliance Spinning Mills settles first premium bill

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