Corporate
Asia wealth managers flock to Dubai as clients look to diversify
A growing number of wealth managers in Asia are setting up offices in Dubai, capitalizing on warming diplomatic ties between China and the Middle East and betting on a surge in demand from clients for geographical diversification.
MRC Allied initiates transaction marking entry into telecommunications
The board of directors at MRC Allied Inc. has green lighted the purchase of shares of stocks of Bitstar Prime Holdings Inc. meant as its entry vehicle into the information and communication technology sector.
SEC shuts down corporation selling financial, health benefits from mushrooms
The Securities and Exchange Commission has revoked the corporate registration of Infinity8Networks Digital Services OPC plus a fine of P1 million for illegally soliciting investments.
Yuchengco’s House of Investments shifts business focus on financial services
House of Investments, the investment holding company of the Yuchengco Group, said Monday it is diversifying ito financial services and property development and minimizing its exposure in the construction business.
Irradiation facility set to begin commercial operation in three months
Publicly listed A Brown Co. said its unit Irradiation Solutions Inc. is set to begin commercial operations in March with the completion of the construction of the country’s first e-beam and cold storage facility in Tanay, Rizal.
