Airbnb Inc. is considering raising capital from new investors, as the home-sharing giant wrestles with escalating losses due to the devastating impact of the coronavirus pandemic on its global business, according to people close to the company. The pandemic has also thrown into disarray Airbnb’s plans to go public this year, and the company’s board and investors are divided over …

A long queue of cars forms in front of a drive-in cinema in Seoul, as South Koreans look for safer spaces to enjoy a movie without the risk of contracting the coronavirus raging across the world. Box office numbers in South Korea — which has 8,897 confirmed virus cases — have plummeted in recent weeks due to the epidemic, with …

Shopping malls and markets in Bangkok starting on Sunday 22nd and adjacent provinces, except those selling food and essential consumer goods, have been ordered to close for three weeks in an effort to slow the spread of Covid-19. The closures in Bangkok, ordered by Bangkok governor Aswin Kwanmuang, come as the number of Covid-19 infections surged by 89 yesterday, the …

KUALA LUMPUR – The government is set to received 10 million face masks from China to combat the demand in the country. According to Prime Minister Tan Sri Muhyiddin Yassin, once a package of 10 million masks arrives from China, it will be distributed to all Malaysians for free. “This is the contribution of the government during times of crisis …

KUALA LUMPUR – Malaysian real estate investment trusts (MREIT) are expected to take a hit as steep as 14% decline in earnings as investors dump stocks in a rush to liquidate in a effort to weather the storm in the markets. The movement control order’s impact were also felt on rental payments among tenants as well as extending the lockdown …

PETALING JAYA –  Another 123 Covid-19 cases and the 10th death were recorded from the disease, says Health Ministry. Health director-general Datuk Seri Dr Noor Hisham Abdullah said 34 of the new cases were linked to a religious gathering held late last month. 74 patients were traced while the’re still tracking the other participants. He said 62% of the country’s …

Novel coronavirus has become global pandemic, that everyone makes serious efforts combatting the virus, including Facebook. The tech giant stepping up its efforts to push out accurate information about the novel coronavirus on its messaging service as concerns about misinformation continue to grow. Facebook on Monday, March 23 began enlisting outside developers to create ways its Messenger service can help …

Two Indonesian start-ups, participate to help deal with the new coronavirus disease (COVID-19) in Indonesia that is now in very critical level. They collaborate with the Indonesian Ministry of Health to launch an innovative telemedicine service called “Check COVID-19”. “The telemedicine solution offered is immensely helpful for the Indonesian health system in screening patients at risk for COVID-19,” Secretary General …

Head of Operations Office of PT Aplikasi Karya Anak Bangsa (Gojek), Hans Patuwo said that the company has prepared an Income Assistance Program scheme for the drivers who are positively infected by Covid-19, which they cannot work and must get treatment. Not only that, in order to relieve ojol partners who are undergoing maintenance, his side will stop a number …

China reported no new local cases of the deadly coronavirus for a third consecutive day Saturday, but confirmed the highest yet increase in infections from abroad. The rate of infection has been slowing for weeks in China, while the rest of the world steps up measures to try and battle the raging pandemic. The World Health Organization on Friday praised …