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Businesses More Optimistic for Q2
The Philippine Star
|March 29, 2025
Businesses in the Philippines turned more optimistic for the second quarter as confidence levels improved while optimism for the next 12 months remained steady, according to the Bangko Sentral ng Pilipinas.
Based on the BSP's fourth quarter Business Expectations Survey (BES), the overall confidence index (CI) increased to 45.4 percent for the second quarter from 40.3 percent in the previous survey.
The improved sentiment was driven by expectations of higher demand for products and services due to the upcoming elections, a seasonal uptick in business activities, continued favorable economic conditions and planned business expansions.
For the next 12 months, optimism remained buoyant, with the overall CI holding steady at 56.4 percent—unchanged from the previous survey.
This story is from the March 29, 2025 edition of The Philippine Star.
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