The morale and outlook of business and consumer sectors are in different directions with the former tending on a weak confidence level while the latter is on the optimistic side. Based on the Bangko Sentral ng Pilipinas’ (BSP) latest Business Expectations Survey (BES), the business confidence...
The power generation arm of San Miguel Corporation will cough up US$1.0 billion worth of investments for 31 new battery energy storage (BES) projects that it will be deploying in various sites nationwide. The company, in a statement to the media, has emphasized that the BES facilities will have...
The outlook and sentiments of Filipino businessmen remained on the optimistic side for the first half of this year and even in the next 12 months despite increased COVID-19 cases and potential slowing of vaccine supply, according to a Bangko Sentral ng Pilipinas (BSP) quarterly survey conducted...
Bangko Sentral ng Pilipinas (BSP) surveys showed consumer and business sentiments are improving with the resumption of economic activity – despite still being limited – and other developments in the fight against COVID-19 outbreak. The BSP’s Business Expectations Survey (BES) for the fourth...