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German firms see improved business conditions
The Philippine Star
|November 11, 2024
Over 50 percent of German firms in the Philippines are upbeat that business conditions will improve, as they anticipate increases both in investments to be made and the workforce count, according to a survey of the German-Philippine Chamber of Commerce and Industry (GPCCI).
Results of the Fall 2024 AHK World Business Outlook Survey showed 58 percent of firms are predicting improved business conditions, up from 50 percent who had the same sentiment in the Spring 2024 survey.
Likewise, 51 percent of German businesses are planning to increase investments, rising from 44 percent in the previous survey.
In terms of employment, 62 percent expect to hire more, up slightly from 61 percent in the previous survey.
Denne historien er fra November 11, 2024-utgaven av The Philippine Star.
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