May 9, 2024
Investors

Nepal eyes a luxury travel renaissance with new high-end resorts: ‘investors are optimistic’

Nepal’s tourism industry has mostly bounced back, contributing 6.7 per cent to gross domestic product in 2022, according to data from the World Bank. Last year, Nepal welcomed more than 1 million tourists – for only the third time in the country’s history – and data for March showed a nearly 30 per cent year-on-year

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Investment

Investment in Indian Hotels Surged in 2023

Skift Take 2023 was a record year for Indian hospitality in terms of hotel investments as well as new branded hotel openings and signings. — Bulbul Dhawan The Indian hospitality industry witnessed investments to the tune of $401 million in 2023, real estate company JLL revealed in a new report. This was nearly four times

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Finance

Hong Kong welcomes more than 11 million visitors in first quarter, finance chief Paul Chan says, more than double last year’s figures

“Inflation remained relatively moderate,” he said. “Visitor arrivals exceeded 11 million, providing certain support to the local retail, food and beverage, and transport industries.” The latest figures showed the number of visitors in the first three months of 2024 was more than double the number logged for the same period last year. The Tourism Board

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Funds

WILLIAMS: Excess educational funds used for retirement | Community

Christmas has come early to the American taxpayers! One of the provisions of a recently passed tax law allows beneficiaries of certain education investments to perform a tax-free rollover to a Roth Individual Retirement Account (IRA) for their benefit. Why is this important? First, the excess education funds will be taxed to the beneficiary should

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Banking

How do you find the most effective keywords?

I’ve been working with a client whose business has fallen off a bit, and she wanted to update her website to make sure that it was optimized and working for her as a marketing tool — not just a line item in her budget. She’s had her site for a while, but it still looks

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Finance

Hong Kong budget 2024-25: finance chief Paul Chan scraps all property curbs in drastic bid to boost ailing market

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing in our spring flash sale. Hong Kong finance chief Paul Chan Mo-po has announced the city will remove all restrictions on property transactions as part of his solutions to the city’s sluggish economy

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Funds

Dalton moves funds to rec center, paving | Local News

The Dalton Finance Committee at a recent meeting agreed to shift $10.7 million in funding to renovation of the John Davis Recreation Center and to what City Administrator Andrew Parker called “a rather aggressive street resurfacing plan.” The Finance Committee is comprised of the members of the City Council. The funds that will be shifted

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Funds

Orange County commissioners vote to reduce Visit Orlando funding

ORANGE COUNTY, Fla. – The Orange County Board of County Commissioners voted 6-1 Tuesday to approve the use of tourism development tax funding for other projects it hopes will bring more tourism to the area. It includes a $400 million investment for upgrades at Camping World Stadium and also no more than $226 million for

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Loans

Local man loans car to stranded travelers

They have put the middle stripe on the Mattoon-Tuscola road, and it is an interesting job to watch. The men on the job are not inviting a gallery, but there are always a few spectators who are watching the work with keen enjoyment. The broad black center stripe in the middle of the road is

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