Saturday, 28 September 2024 11:59 PM
OR
Login using
Tiger Palace Resort’s parent company Silver Heritage Group fights for survival
May 19, 2020 10:00 am
KATHMANDU, May 18: Concluding that the company was insolvent or likely to become insolvent, the financially-embattled Silver Heritage Group—the operator of Tiger Palace Resort in Nepal—has decided to appoint a ‘voluntary administrator’ to assess the company’s financial position and rescue it from the financial crisis.
Trending
Just In
- Discussion on Federal Civil Service Bill halted
- Water level at Kulekhani I Hydropower Station recedes, operating at full capacity
- NEPSE shed 90 points while investors lost Rs 143.10 billion in share trading last week
- New paragliding fee in Pokhara set at up to Rs 12,750 per hour
- 46 routes connecting Kathmandu Valley closed
- Six ANFA academy players buried in landslide in Makwanpur found dead
- CAN unveils its budget for 2025, estimates an income of Rs 617 million and an expenditure of Rs 690 million
- Tamakoshi River washes away tower of transmission line, cutting power supply to Kathmandu