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Philippine National Construction vs. Asiavest

PHILIPPINE NATIONAL CONSTRUCTION CORPORATION, PETITIONER, VS. ASIAVEST MERCHANT BANKERS (M) BERHAD, RESPONDENT.

G.R. No. 172301 | 2015-08-19

DECISION
LEONEN, J.:
 
This case stemmed from an action for recovery of sum of money filed before the Regional Trial Court of Pasig by respondent Malaysian corporation against petitioner Philippine National Construction Corporation (PNCC), formerly Construction & Development Corporation of the Philippines. PNCC is a government-acquired asset corporation.

We resolve whether our courts have subject matter jurisdiction over an action for recovery of sum of money filed by a Malaysian corporation against a Philippine corporation involving a contract executed and performed in Malaysia, and the applicability of the forum non conveniens...