Varnabas Museum Hotel Limited has had its credit ratings officially withdrawn by ICRA Nepal Limited after the company failed to cooperate during the mandatory ratings surveillance process. The rating withdrawal…
Nepal’s leading domestic carrier Buddha Air has officially announced a new partnership with Landmark Hotels and Resorts aimed at enhancing travel experiences for members of its Royal Club frequent flyer…
Infomerics Credit Rating Nepal Limited has officially withdrawn the credit ratings assigned to Bhairahawa Garden Resort Private Limited following continued non-cooperation from the company during the rating surveillance process. The…
Infomerics Credit Rating Nepal Limited has assigned an issuer rating of IRN BB- (Is) to Hotel Eastern Nepal Limited, reflecting a moderate risk of default in timely servicing of financial…
Hotel Association Nepal (HAN) has officially appointed veteran tourism entrepreneur Ram Sundar Bake as the President of its newly formed Bagmati Province Ad-hoc Committee, marking a significant move aimed at…
Infomerics Credit Rating Nepal Limited has downgraded the credit ratings of Bodhi Resort Private Limited, citing continued delays in debt servicing and rising project-related financial risks. The rating agency lowered…
Infomerics Credit Rating Nepal Limited has reaffirmed the issuer rating of IRN BB+ (Is) assigned to Swornim Hotel Limited, reflecting growing confidence in the company’s improving financial structure and gradually…
CARE Ratings Nepal Limited has reaffirmed the long-term credit rating of CARE-NP B+ (Single B Plus) assigned to the banking facilities of Hotel Shahanshah International Private Limited, maintaining the rating…
ICRA Nepal has officially withdrawn the credit ratings assigned to KTM Hospitality Limited following the company’s formal request to discontinue its rating coverage. The rating withdrawal, announced on June 11,…
Subha International Hospitality Private Limited has officially appointed Muktinath Capital Limited as the issue and sales manager for its upcoming Initial Public Offering (IPO), as the company prepares to issue…