Businesses have a less optimistic view of the Philippine economy for the third quarter but overall sentiment remains positive, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

The central bank’s latest Business Expectations Survey (BES) resulted in a Confidence Index (CI) of 37.9 percent for the period, down from 43 percent three months earlier.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details