By  on October 19, 2009

With damages and losses estimated at $240 million, typhoon Ketsana continues to wreak havoc on businesses in the Philippines three weeks after it dumped a month’s worth of rainfall in eight hours on the capital, Manila, and the surrounding areas, causing extreme flooding.

While the poshest areas, like the central business district of Makati City, bounced back immediately once the waters had subsided, other areas were not so lucky. Among the hardest-hit areas were the municipalities of Marikina, Caloocan, Pasig, Navotas and Cainta, where floodwaters reached almost to the rooftops of houses, as well as areas in Quezon City, Taguig and Laguna.

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