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, the controversy has resulted in a significant financial impact. In the preceding weeks, the market capitalization lost some P185 billion as investors reacted to the developments surrounding the issue.
https://business.inquirer.net/552418/eroded-investor-confidence
