Protesters from various groups stage a rally against corruption in flood control projects at Luneta Park in Manila last Sept. 21. They urged the government to hold officials and contractors accountable for billions lost to anomalous projects. (Photo by John Louie Abrina I MB)
Business confidence and investment in the country are expected to take a hit as the government escalates anti-corruption efforts, with the ongoing scandal potentially causing firms to postpone projects, according to London-based think tank Capital Economics.
In a report dated Oct.
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