04 June 2018 -    Business optimism on the economy was steady for Q2 2018.   Outlook remained optimistic due to the (a) usual higher demand during summer (given the expected arrival of local and foreign tourists), enrolment and harvest periods, (b) increase in orders and volume of production, (c) ongoing rollout of government infrastructure projects with the “Build, Build, Build” strategy of the administration, (d) positive view on the TRAIN Law as its revenue is expected to support  infrastructure projects of the government, which may attract new investments, (e) expansion of businesses and new product lines, and  (f) sound macroeconomic conditions.  Read more at:  http://www.bsp.gov.ph