South Asian News Network

Siraha’s hotels and businesses are in difficulty as loan interest rates rise, resulting in a 30% drop in the neighborhood. The crisis is compounded by the industrial business recession, which is further damaged by the finance sector’s double interest rate.
The association staged an interactive session in Lahan to raise awareness of the industry’s demise. The district’s chief district officer and security authorities urged collaboration and cooperation to ease hotel operations. However, the government has not taken any steps to address the issues facing the corporate sector.