THE GOVERNMENT made a full award of the reissued three-year Treasury bonds (T-bond) it auctioned off yesterday following monetary easing moves by the Bangko Sentral ng Pilipinas (BSP) last week and amid easing inflation.

SM INVESTMENTS Corp. (SMIC) continues to expand its residential, hotel, and retail offerings in the provinces, banking on regional economic growth.

RIZAL COMMERCIAL Banking Corp. (RCBC) has exercised its call option on the P10-billion notes it issued back in 2014 to comply with regulatory capital requirements, it said on Tuesday.

MASTERPIECES by celebrated artists that adorn a house or room usually come in the form of paintings or sculptures. But if one would like to have a work by National Artist for Visual Arts Benedicto “BenCab” Cabrera, they can now choose from a selection of his famous paintings which have been transformed into tapestries.

MOTORCYCLE ride-hailing platform Angkas (DBDOYC, Inc.) said it is looking to take its services to more regions outside Metro Manila once the government passes a law legalizing motorcycle taxis.

FOREIGN CURRENCY loans disbursed by local banks inched up in the second quarter, backed by firms’ higher working capital requirements and lower interest rates.

THE façade and the front lawn of the Cultural Center of the Philippines (CCP) were lit up on Sept. 26 with the official opening of the lights-and-sounds installation called Sinag: Festival of Radiance.

WINTER is coming for the art market.

THE first offshore gaming firm to be shutdown over taxes owed to the government has agreed to pay a P1.3-billion settlement to resume operations, the Bureau of Internal Revenue said.

THE Department of Energy (DoE) said it estimates that oil companies did not roll back fuel retail prices as much as they could have, and asked them to explain their price actions on Monday.

SENATE Majority Leader Juan Miguel F. Zubiri said he will oppose the liberalization of sugar imports, citing the impact of rice tariffication, the policy cited as a potential model for the commodity.

In a global world where cross-border transactions are commonplace, disputes inevitably arise. Considering the difference in the substantive laws and procedures in different jurisdictions, the resolution of these disputes requires multilateral agreement and cooperation between and among states. Thus, one of the keys issues in this field of human enterprise is the recognition and enforcement of foreign court decisions. On this score, the Hague Conference on Private International Law (HCCH) adopted on July 2, the Convention on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters or the Judgments Convention. The Judgments Convention seeks “to promote effective access to justice for all and to facilitate rule-based multilateral trade and investment, and mobility, through judicial co-operation.” This is intended to fill in the gap in cross-border litigation, particularly the uncertainty of recognition and enforcement of a court decisions in another jurisdiction and seeks to serve as a mechanism similar to the New York Convention on the recognition and enforcement of foreign arbitral awards which has been widely ratified by a number of states.