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LISBOA: Ana Guerreiro points across the street at a handful of housing projects in Lisbon’s up-and-coming riverside neighborhood of Marvila. It’s where she moved in with her mother last year after soaring rents meant she could no longer afford to live alone.
PETALING JAYA: The Malaysia Budget Hotel Association (Mybha) intends to improve the competitiveness of budget hotels in the country, as the sector continues to face stiff competition from online booking platforms such as Airbnb.
British billionaire Sir Richard Branson's space tourism venture is set to go public by year-end and dozens more, including unicorns and tech stocks, are planning to raise funds in the capital markets this year.
PETALING JAYA: More Malaysians are relying on Airbnb to settle their mortgages given the property overhang that is engulfing the sector.
KUALA LUMPUR: Online hospitality service brokerage company, Airbnb Inc urged the government to provide a clearer guideline on tourism tax for its type of business.
KUALA LUMPUR: Airbnb’s host and guest community has generated approximately RM3bil in estimated direct economic impact in Malaysia last year.
KUALA LUMPUR: More than 90 CEOs, founders and leading voices from Asean's burgeoning tech industry will be attending the Wild Digital Southeast Asia 2019 which will be held here on July 3 and 4.
Unicorns are mystical animals, but they exist in the startup scene to describe privately held companies with a valuation of more than US$1bil.
SEOUL: Yanolja's gentrification of South Korean love hotels has brought the company a valuation of more than $1 billion from investors keen to capitalise on the globalisation of a novel approach to short-stay accommodation, its chief executive told Reuters.
Today, practitioners of artificial intelligence (AI) have become technology world’s rock stars. “Deep learning” (a more fashionable branch of AI), which uses natural networks to churn through volumes of big data looking for patterns that is inspired by the activity of layers of neurons in the brain, has proven to be in high demand to help build software, particularly for the companies collectively known as FAANG (Facebook, Apple, Amazon, Netflix and Google).