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No to malls and high-rise hotels. This was the statement of Senator Loren Legarda, who urged the Philippine Postal Corp. (PhilPost) on Tuesday to reject any overtures to privatize the 97-year-old Manila Central Post Office (MCPO) building, which was partially burned in May 2023. “Enough of malls, enough of high-rise…
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Japan’s Sumitomo to buy Fullerton India for Rs 19,300 crore Top Searches Japan’s Sumitomo to buy Fullerton India for Rs 19,300 crore TNN / Updated: Jul 7, 2021, 12:36 IST FacebookTwitterLinkedinEMail MUMBAI: Sumitomo Mitsui Financial Group, the Japan headquartered global financial major, is buying out Fullerton India, the Indian non-banking financial arm of Singapore-based Fullerton Financial, for about $2.6 billion, or nearly Rs 19,300 crore. This is the largest Japanese buyout in the Indian financial services space. Moreover, this is the first time that a Japanese firm is getting into ...