Business

Laos has started building a railway station in Vientiane to service rail links with China slated to being operating next year. Source: Business

Faked immigration records in the Philippines were used to throw off authorities seeking a former executive at Wirecard AG, who went missing after the German firm was implicated in an accounting scandal. Source: Business

MANILA: The Philippines will reopen one more terminal at its main airport in the capital for international travel, expanding service operations to airliners from Japan and other countries beginning next week. Source: Business

Foreign investment in Myanmar’s fledging capital markets should increase quickly after the pandemic subsides, as the country pushes ahead with new trading platforms for stocks and bonds, according a Securities and Exchange Commission of Myanmar official. Source: Business

PARIS – Although crude prices have rebounded from coronavirus crisis lows, oil execs and experts are starting to ask if the industry has crossed the Rubicon of peak demand. Source: Business

Tourism operators and residents in five southern tourist destinations which may open up to foreign travellers next month are optimistic about the government’s travel bubble scheme. Source: Business

PARIS: Air France management said Friday it planned to eliminate 7,580 jobs at the airline and its regional unit Hop! by the end of 2022 because of the coronavirus crisis. Source: Business

Thai Airways International (THAI) will speed up the drafting of its rehabilitation plan to submit it to the Central Bankruptcy Court on Aug 17, when the court is scheduled to begin examining the airline’s rehabilitation request, acting THAI president Chansin Treenuchagron said on Friday. Source: Business

SET-listed Gulf Energy Development Plc announced yesterday that it would purchase wind farms in Vietnam worth roughly US$200 million to take advantage of low interest rates as the firm seeks projects with a quick return on investment. Source: Business

The proverb “what is fated to be yours will always return to you” holds true in the case of Kattiya Indaravijaya. When she was asked about her desired job on her application form at Kasikornbank (KBank) more than 30 years ago, she filled in “CEO”. And now the dream has …