Corporate
NTC earns FOI champion citation six years in series
The National Telecommunications Commission (NTC) has earned recognition for championing the freedom of information (FOI) best manifested by its high rate of response to requests for information from the public.
Beijing bourse tells ‘major shareholders’ to refrain from selling, sources say
The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on the bourse from selling stock, worried that such sales could douse a long-desired rally, three people familiar with the matter said on Monday.
STI Holdings bounces back in 1Q, bolstered by surged in enrollment
STI Holdings said Tuesday it rebounded in its first quarter ended 30 September booking a net income of P19.8 million after a loss of P47.6 million in the same period last year, driven to the black by strong growth in enrollment.
Century Properties completes buy out of Japan’s Mitsubishi from PHirst
Century Properties Group said Tuesday it has fully acquired PHirst, its first-home residential venture, buying out Japan’s Mitsubishi Corp. five years after forming the joint venture. Mitsubishi previously held 40 percent stakes in two PHirst units.
China’s fast-fashion retailer Shein files for US IPO – sources
China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.
