Philippine business sentiment turns sour in July amid inflation, war woes

By Katherine K. Chan, Reporter Philippine business sentiment turned sour as renewed tensions in the Middle East and sticky price pressures sparked concerns, a survey by the Bangko Sentral ng Pilipinas (BSP) showed. Based on the central bank’s latest business expectations survey (BES), Philippine firms’ current-month confidence index (CI) plunged to -20.3% in July. This […]