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DARRYL RECI
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abtest
By Gabbie Tatad | June 30, 2012 - 12:00am
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When torrential rain falls over Quezon City, its leaders face an extraordinary balancing act. Safeguarding over three million residents while keeping schools open, businesses functioning and urban mobility thriving is a monumental challenge.
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Tighter lending conditions for both households and businesses could emerge as another drag on Philippine economic growth in the second half, as banks turn more cautious and higher interest rates increasingly filter through to borrowers, a global bank economist said.
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