MANILA: Local business sentiment has weakened in the first three months of the year, with the overall confidence index significantly declining amid a string of economic uncertainties.
Results of the Bangko Sentral ng Pilipinas’ Business Expectation Survey released on Friday (March 28) showed that the overall confidence index (CI) this first quarter had dropped to 31.2 percent from 44.5 percent in the last quarter of 2024.
