Philippine firms turn more pessimistic in Q3

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MANILA, Philippines — Businesses in the Philippines grew less confident in the third quarter, held back by the seasonal lull during the “ghost month” and the drag from US tariff headwinds, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

Consumers, however, turned slightly more optimistic, buoyed by expectations of rising incomes and improving job prospects.

https://business.inquirer.net/549408/philippine-firms-turn-more-pessimistic-in-q3

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