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Foreign investment increases in hotel sector

KATHMANDU: Foreign investment has invariably increased in the hotel and restaurant sector of the country with the Visit Nepal Year-2020 campaign approaching near. According to the Department of Industry, foreign investment amounting to Rs 5.77 billion has entered the country through 39 tourism industries (hotel and restaurant) in the first three ... Read more

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Qatar Airways signs IndiGo codeshare partnership

Qatar Airways has signed a codeshare agreement with IndiGo, India's largest passenger airline. Sales will start from today with the first codeshare flights to operate on December 18th. This agreement will enable the airline to place its code on IndiGo flights between Doha and Delhi, Mumbai and Hyderabad and is the first step in strengthening co... Read more

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York company shows support for earthquake victims in Nepal

A YORK business owner and his team have joined forces with an overseas charity to provide support to Nepalese communities. David Harris and his workforce from Genius IT Solutions, based in Shambles, teamed up with PassoDopoPasso, who help promote and provide disaster relief and humanitarian support to school children in Nepal among oth... Read more

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Teachers from 13 Stevenage schools visit Nepal in bid for more eq…

Teachers from 13 Stevenage primary schools have returned from Nepal, where they visited schools as part of the British Council's Connecting Classrooms through Global Learning programme. The project aims to instil in young people a desire to work together to make the world a more equitable and sustainable place. The UK and Nepali school teams sh... Read more

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Qatar Airways Group reports huge financial losses

Qatar Airways Group has reported an operating loss of US$639 million for the financial year ended March 31st. Results were impacted by what the airline brands an “illegal” blockage of Qatari airspace by rival Middle Eastern nations and heavy losses at subsidiary Air Italy. The United Arab Emirates, which was a key market for the Gulf carrier, a... Read more

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Nepal is in the midst of hotel building spree. But will the touri…

KATHMANDU — Nepal's hotel industry is once again on a building spree. At least a dozen five-star hotels are under construction across the country, fueled by optimism that the Visit Nepal 2020 will draw two million tourists and that growth will continue in the years ahead. According to industry insiders, more than Rs45 billion (P20.2 billion) has... Read more

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