Bits and Snippets of the Philippines

Basic Reading of Global Filipinos

American Business in Philippines More Optimistic

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American business in the Philippines are the second most optimistic in Association of Southeast Asian Nations (ASEAN), second only to Singapore, according to a survey by the ASEAN Business Outlook Survey 2010.

Based on the survey, 66 percent of total respondents said they expect their profits to increase in 2010, while 82 percent said they expect profits to increase in 2011.

The survey further said that respondents in the Philippines show increasing optimism about the future of the local economy.

Read more at U.S. News Las Vegas

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Written by Raffy Pekson II

October 25, 2010 at 2:24 pm

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