The real estate exposure of Philippine banks finally eased below 20 percent in the first quarter as housing prices remained steady amid sustained demand, data from the Bangko Sentral ng Pilipinas (BSP) showed.
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Government is eyeing to build a (MW) liquefied natural gas (LNG) plant to provide an emergency source of power when the Luzon grid loses supply due to plant outages, Department of Energy Secretary Alfonso Cusi said.
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