Eroded investor confidence

The fallout from the ongoing controversy over anomalous flood control projects has extended beyond the halls of Congress, the Department of Public Works and Highways, and the private contractors involved.

According to Ramon Monzon, president and CEO of the Philippine Stock Exchange, approximately P185 billion in market capitalization was lost in the preceding weeks as a result of the crisis.
https://business.inquirer.net/552418/eroded-investor-confidence

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