BSP chief sees more jobs for Filipinos as business optimism rises

  • 📰 CNN Philippines
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

The country's employment situation may improve in the coming months as businesses get more upbeat about the local economy, according to Bangko Sentral ng Pilipinas Governor Benjamin Diokno.

"Tumaas ang kumpiyansa ng mga businessmen," he said during a virtual briefing on Monday, citing the BSP's Business Expectations Survey.The central bank survey showed the overall confidence index improved to 17.4% in the first three months of 2021 from 10.6% in the last quarter of 2020. The index level represents the net of the percentage of firms in the survey that gave positive answers, less the percentage of those who answered in the negative.

The business outlook on the Philippine economy for the next 12 months was more optimistic as the confidence index jumped to 60.5% from the 57.7% recorded in the Q4 2020 survey. [Translation: The improvement in business sentiment shows that many industries will hire workers in the coming months.]

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yes to more jobs

PNP,City Enforcers,Brgy Tanods,etc. should just STRICTLY & CONSISTENTLY IMPLEMENT HEALTH PROTOCOLS on their areas. NO NEED 4MECQ,NO NEED 4LIMITS on office's employees/Business & Transpo. No NEED 4CURFEW. Just CONSISTENTLY & STRICTLY IMPLEMENT Masks/Shields/Distancing/Disinfection

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in US

United States United States Latest News, United States United States Headlines