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Philippine President Rodrigo Duterte holds up cash for evacuees from the fighting in Marawi while visiting an evacuation center in Iligan on June 20.   © Reuters
Stocks

Philippines Inc., investors march to beat of Duterte's drum

Infrastructure-related stocks up as maverick leader finishes first year

CLIFF VENZON, Nikkei staff writer | Philippines

MANILA -- At a station-marking ceremony for the upcoming 106km Manila-Clark railway project, Transportation Secretary Arthur Tugade announced a part of a grand plan that seeks to define President Rodrigo Duterte's economic legacy.

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