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PETALING JAYA: The novel coronavirus, or Covid-19, is not only making a mess of companies in the hotel and aviation sectors but is also upending members of the sharing economy
BEIJING: Asia’s top refiner China Petroleum & Chemical Corp, or Sinopec, will trim capital expenditures in 2020 by 2.5% from a year earlier amid plunging oil prices and tepid fuel demand caused by the coronavirus outbreak.
BANGKOK: Seven airlines in Thailand are set to start talks with the Finance Ministry for a 16 billion baht (US$491mil) bailout, the Bangkok Post reported.
BEIJING: Like millions of people around the world, Zhang Chunzi borrowed money she thought she’d be able to repay before the coronavirus changed everything.
KUALA LUMPUR: Invest KL Corp said the current investment and economic climate is “certainly not business as usual, not when companies tell employees to go on leave or take a pay cut”.
PETALING JAYA: Shipping company Hubline Bhd is cautiously optimistic of its performance for the financial year ending Sept 30,2020 (FY20), driven by its improving dry bulk business and new aviation business venture amid the Covid-19 pandemic.
FROM NICOLE WONG SIAW TING, MCA Youth national chairperson
Asia-Pacific countries on high alert for virus as more confirmed cases, deaths reported on terrible Sunday
HONG KONG: Asia-Pacific countries kept reporting more Covid-19 infections and deaths on Sunday (March 29), as Indonesia saw the highest death toll in South-East Asia, while Australia imposed stricter measures to contain the pandemic.
Coronavirus: Muslim group in Indonesia in close contact with infected patients moved to quarantine ward
JAKARTA: Indonesian armed forces were progressively moving more than 200 Muslim worshippers - half of them are foreigners - from a mosque in West Jakarta to the country's largest quarantine centre, the Wisma Atlet in North Jakarta, in a pre-emptive move to curb the spread of the Covid-19 (coronavirus) outbreak.
DENPASAR (Indonesia): Hundreds of European tourists stranded in Bali were evacuated from the Indonesian holiday island on Saturday night after their flights were cancelled due to the Covid-19 (coronavirus) pandemic.