By Katherine K. Chan, Reporter
BUSINESSES remained optimistic in January as they expect higher consumer demand and better processes, with their outlooks for the quarter and year ahead also becoming more positive, results of the the Bangko Sentral ng Pilipinas’ (BSP) inaugural monthly business expectations survey (BES) showed.
The central bank’s BES for January showed that businesses had an overall current-month confidence index (CI) of 0.9%. A positive CI shows that more respondents are optimistic than pessimistic.
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