Marawi Siege: Mindanao Losing About P220 Million in the Business Sector

Mindanao’s estimated losses are at about P220 million as the MSMEs in Marawi and surrounding areas are affected and tourism industry in Davao is badly hurt by Marawi siege. Antonio D. Uy, Philippine Chamber of Commerce and Industry’s vice-president for Mindanao, reported that there is really a huge loss to the micro, small and medium enterprises (MSME) sector.
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