00:00Business outlook in the country turns positive in the second half of 2025, rising to 45.4
00:06as compared to 31.2% in the first quarter of the year, forecasting business confidence
00:12to remain steady at 56.4% over the next 12 months.
00:17According to Banco Central ng Pilipinas or BSP, the slight decline during the first quarter
00:23of 2025 compared to the end of 2024 was due to natural slowdowns in businesses after the
00:29holidays, particularly for export and import companies.
00:33However, businesses continue to adapt to changes in the economy.
00:37Meanwhile, the equipment and construction sectors remain stable at 71.4%.
00:43This is based on the confidence index, which measures the level of trust businesses have
00:48in the country's economy.
00:50Although market prices of basic goods are expected to rise in 2025, the inflation rate
00:56remains within the government's target range of 2% to 4%.
01:00According to Malacanang, the administration will strive to maintain or improve the current
01:05state of the economy to attract more investors to the country.
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