Global Banking News-March 12, 2018--Emirates NBD announces increase in foreign ownership
The SEC in January released a decision finding Rappler had violated constitutional limits on foreign ownership
of media by accepting investments through Philippine Depository Receipts.
Aside from the legal issue involving Rappler's reported violation of the constitutional prohibition on foreign ownership
, Aguirre said their investigation will also cover possible criminal liabilities of executives.
As per the new policies, the authority has eliminated limits on the proportion of foreign ownership
in shipping companies, allowing wholly foreign-owned businesses to set up in FTZs in Shanghai, Tianjin, Guangdong and Fujian.
A successful transaction would also mark a rare major deal by an overseas lender in Indonesia's banking sector after caps on foreign ownership
were introduced in 2012 and give hope to other foreign banks keen to expand in Southeast Asia's biggest economy.
In the development of accounting conservatism literature, An (2015) is the first researcher to find the significant positive association between foreign ownership
and accounting conservatism, supporting the active-monitoring hypothesis of foreign ownership
based broadcaster to have received FCC approval to go beyond the current 25% foreign ownership
I just want to give my reaction with regards to a news story you published on March 17 saying Philippine presidential candidate Grace Poe is favouring and would allow foreign ownership
of media and public utilities in the Philippines.
Indonesia, Asia's fourth-largest economy, announced Thursday that it will allow full foreign ownership
in 29 businesses that were previously restricted or closed as it seeks to boost foreign investment and jobs in the country, according to local media (http://www.
Du has been touted as the next Middle East and North Africa (MENA) telecoms firm expected to loosen restrictions on foreign ownership
, after Etisalat opened up shares to foreign buyers in September.
Arqaam Capital said in a strategy note that it sees Emirates Integrated Telecommunications Company (DU) as the next candidate in the MENA telecom space for an increase in its foreign ownership
limit (FOL) after Etisalat's FOL increased to 20 per cent in September 2015.
of Britain's biggest firms has rocketed by more than 10%, or PS167.