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Go refutes SEC chief’s P1.7-trillion market loss claim

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MANILA, Philippines — Economic czar Frederick Go on Thursday disputed the claim of Securities and Exchange Commission chair Francis Lim that Philippine stock market investors lost a whopping P1.7 trillion in just three weeks due to the corruption scandal involving allegedly anomalous flood-control projects in the country.

At a briefing in Malacanang, Go said, “Unfortunately,

https://business.inquirer.net/551774/economic-czar-on-philippine-stock-market-investors

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