Heavy rain brings floods to Philippines; markets, offices shut


  • World
  • Monday, 19 Aug 2013

MANILA (Reuters) - Heavy rain in the Philippine capital forced the closure of government offices, schools, banks and most private companies on Monday, and residents in parts of the city and nearby provinces had to flee from their homes because of floods.

The monsoon rain, intensified by tropical storm Trami, also led to the closure of the Philippine Stock Exchange, the Philippine Dealing System foreign exchange platform and the secondary debt market via the Philippine Dealing and Exchange Corp after government offices suspended their work.

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