Page 7 - கிறிஸ்து சர்வதேச அமைச்சுக்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PHILIPPINE STAR/MICHAEL VARCAS
Last Monday, the press covered the Bangko Sentral ng Pilipinas’ report on business expectations for the last quarter of 2020. It’s a relief seeing the headline numbers showing that firms in the survey “have revived plans to pursue expansion programs and hire more workers next year in anticipation of a strong economic rebound from the pandemic-induced recession.”
A strong statement of confidence and hope in the future, no doubt.
From the Bangko Sentral ng Pilipinas (BSP) website, details of the actual report provide us a better sense of the emerging business sentiment. The big picture was indeed encouraging. The overall confidence index (CI) reverted from -5.3% in quarter 3 to positive 10.6%, which means optimism is beginning to creep in. ....

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