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Some foreign firms feeling effect of Philippine graft probes

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MANILA, Philippines — European companies in the construction sector operating in the Philippines have experienced a decline in sales amid allegations linking lawmakers and contractors to anomalies in flood control projects.

“Because of some of those projects that are being put on hold, they have already experienced a reduction in sales,” a source revealed.

https://business.inquirer.net/549290/some-foreign-firms-feeling-effect-of-ph-graft-probes

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