The representatives of workers and hoteliers signed the agreement to this effect in the presence of representatives of labor offices and Morang chief district officer.
Over 400 small and medium hotels in Biratnagar had remained shut for over a week, due to the protest of workers. The workers had demanded the hoteliers to impose 10 percent service charge on total food and beverage bills.
They have also agreed to form a committee represented by the both sides, to categories the hotels for levying service charge. “A 10-member committee has been formed to categorize the hotels,” said Khil Kumar Subedi, a hotelier.
Hotels in Biratnagar had so far been refusing to implement service charge and provide appointment letters to the workers.
HBL to open 10 branches this year
KATHMANDU, Dec 6: Himalayan Bank Ltd has plans to open 10 branches and extend 20 more ATMs by the end of the current fiscal year, the bank´s chairman Manoj Bahadur Shrestha told the 17th annual general meeting of the bank Sunday.
The bank is also planning to start morning and evening counters in all of its 25 branches, according to a statement issued Sunday. Other plans unveiled Sunday include rolling out of technology driven products and service and expansion of remittance business to Asian, European and American markets with ´focus on further sophisticated services´.
The bank´s deposits at the end of the first four month of the current fiscal year stood at Rs 37.97 billion, while loans were Rs 28.22 billion and operating profit was Rs 258.5 million. HBL also declared a net profit of Rs 752.84 million for fiscal year 2008/09, a rise of 18.39 percent rise. Operating profit for the period was Rs 1.16 billion.
At the end of the fiscal year, the bank´s NPA was at 2.16 percent while deposits increased 8.91 percent to Rs 34.68 billion and loans and advances rose 26.46 percent to reach Rs 25.52 billion.
Related story
Annapurna base camp hotels to be reopened from mid-September
