MANILA, Philippines – Mounting concerns over anomalous flood control projects and corruption allegations against high-ranking government officials dragged the bourse near the 6,100 barrier on Tuesday.
The benchmark Philippine Stock Exchange Index (PSEi) tumbled to 6,118.54 by the closing bell, losing 1.55 percent, or 96.29 points.
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Likewise, the broader…
https://business.inquirer.net/548600/psei-falls-to-6100-level-on-flood-control-corruption-woes