Business sentiment in Philippines bullish in 2nd Quarter
MANILA — The confidence index (CI) for the second quarter remained strong at 46.4 percent, higher relative to comparable levels year-on-year (by 14.8 points) and quarter-on-quarter (by 1.5 points).
Business executives also remained confident about the next quarter as the index (at 44.7 percent) rose by almost 12.0 points year-on-year. Quarter-on-quarter, however, the index fell by 4.7 points.
(more…)
