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The Patriot
08-12-2010, 08:28 AM
Navy wants to be paid 'in kind' for leased properties

08-12-2010 08:27 AM

The Philippine Navy prefers equipment over cash as payment for the planned long-term lease of their headquarters in Manila and of the Bonifacio Naval Station in Fort Bonifacio, according to Armed Forces chief Lt. Gen. Ricardo David.

More... (http://www.gmanews.tv/story/198446/navy-wants-to-be-paid-in-kind-for-leased-properties)