Business Press

Second wave of the pandemic brings extreme crisis to tourism sector

May 31, 2021

KATHMANDU: When the COVID pandemic began last year, tourism professionals hardly thought it would cause such a huge loss. While the first wave of COVID had leveled and the tourism sector slowly restarted activity, the outbreak of the second wave has put tourism entrepreneurs to sleep again. Businesses dependent...

Private sector largely affected by COVID second wave, 3 million jobs claimed to be lost

Private sector largely affected by COVID second wave, 3 million jobs claimed to be lost

Policies and programs not being introduced this year, Budget Speech to be held at the Office of Prime Minister

Policies and programs not being introduced this year, Budget Speech to be held at the Office of Prime Minister

Struggle of budgeting: Burden of elections on a pandemic-attacked nation

Struggle of budgeting: Burden of elections on a pandemic-attacked nation

Pressure exerted by second Big Merger and opportunity for policy reform

Pressure exerted by second Big Merger and opportunity for policy reform

Suggestions by experts to keep the economy moving

Suggestions by experts to keep the economy moving

Private sector eager to play role in pandemic control

Private sector eager to play role in pandemic control

Remittance of 729 billion enters Nepal in 9 months

Remittance of 729 billion enters Nepal in 9 months

Banker Neeraj Shrestha dies from COVID-19

Banker Neeraj Shrestha dies from COVID-19

Banker Neeraj Shrestha dies from COVID-19

Banker Neeraj Shrestha dies from COVID-19

Vegetables worth Rs 28 billion, 230 million kgs of potatoes imported in nine months

Vegetables worth Rs 28 billion, 230 million kgs of potatoes imported in nine months

Hotels withdrawing from holding isolation centers, quarantines remain intact

Hotels withdrawing from holding isolation centers, quarantines remain intact

IPO sale of Madhya Bhotekoshi postponed

IPO sale of Madhya Bhotekoshi postponed

Madhya Bhotekoshi making queues of people fill IPO applications during the lockdown

Madhya Bhotekoshi making queues of people fill IPO applications during the lockdown

NIC Asia Bank consoles borrowers after sharp interest rate hike

NIC Asia Bank consoles borrowers after sharp interest rate hike

Consumers stockpiling oxygen cylinders at home, shortage in market

Consumers stockpiling oxygen cylinders at home, shortage in market

NIC Asia Bank interest rate fraud: Evidence shows almost 16% charged on home loans

NIC Asia Bank interest rate fraud: Evidence shows almost 16% charged on home loans

Finally reviving domestic tourism industry hit hard again with announcement of prohibitory orders

Finally reviving domestic tourism industry hit hard again with announcement of prohibitory orders

Sushil Gyawali, CEO of NRA: Charioteer of reconstruction

Sushil Gyawali, CEO of NRA: Charioteer of reconstruction

Second wave of COVID-19: Fear of the collapse of finally reviving industries increases

Second wave of COVID-19: Fear of the collapse of finally reviving industries increases

International tourism sector of Nepal deserted, only 40,000 foreigners visited in one year

International tourism sector of Nepal deserted, only 40,000 foreigners visited in one year

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